Don’t Restrictions on Freedom Affect the Quality of Life?

It is hard to believe that the Commission on the Measurement of Economic Performance and Social Progress would consider that freedom and personal responsibility have little relevance to the quality of life, but I haven’t been able to find any discussion of freedom or personal responsibility in their recently published report. The Commission, whose . . . → Read More: Don’t Restrictions on Freedom Affect the Quality of Life?

A Guide to the London Bullion Market

I have mentioned the LBMA’s “A Guide to the London Bullion Market” as few times on this blog. It is now available on their website.

I would strongly recommend it to anyone who wants to increase their understanding of how the gold industry operates, particularly at the wholesale level. The sections on gold forwards, . . . → Read More: A Guide to the London Bullion Market

The Government-Based Economy

I really got a laugh out of the report from Bloomberg that the Democratic Party of Japan (known in the parlance as DP) won an historic victory in the recent elections, coming to power for the first time in decades with “a pledge to support households battered by two decades of economic stagnation”, whatever . . . → Read More: The Government-Based Economy