Classical Economics in a Quantum World
Understanding Gold 6 Gold’s many properties define it as a monetary proxy. Gold has no real use other than its role as a monetary commodity. Mankind selected it for this role because history has proven the stability of its value. …
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Jude Wanniski in his seminal book The Way the World Works equates the political market with the economic marketplace. If the market is efficient for goods and services, it is equally efficient at processing the known information surrounding a political…
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There is a palpable glee among some that is evident whenever the price of gold falls.¹ It manifests itself in the media, academia, pundits, and certain segments of the investment world. Paul Krugman becomes orgasmic. A fall in the price…
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