Monthly Archive: February 2017
Michael Kendall
February 26, 2017
Jude Wanniski was a journalist, WSJ editorial page writer, author, historian, Polyconomics founder, and brilliant revivalist of Classical economics. He passed in 2005 but left a massive compilation of writings that span decades. Jude was a prolific writer. During his Polyconomics…
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Michael Kendall
February 20, 2017
Understanding Gold 8 There’s a very odd thing about a gold standard. Hardly anyone understands it, least of all economists. It’s not like there is no record of the previous three centuries. From the late 1600s until the 1970s, major…
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Michael Kendall
February 10, 2017
Understanding Gold 7 The Ratio of Two Ratios The unique properties of gold combined with how the Fed operates determines the dollar price of gold (POG). Similarly, other central banks’ monetary management determines the POG in their currency. Because gold…
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Michael Kendall
February 7, 2017
George Gilder has authored a prescient piece that succinctly sums up the challenges that the Trump administration faces in righting the global economic system. Titled Trump Can Succeed On Trade By Ending Global Currency Manipulation, Gilder gives fair warning that the…
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