Consider this nonsense:
What if borrowing money made you so much richer over the long-term that it paid for itself? It’s not crazy. Millions of families make such a decision every year when they take on debt to pay for school. Indeed, investing in yourself is a bet that often pays off. But can . . . → Read More: When Metaphors Fail
I have been a supporter of resource rent taxes for as long as I can remember. More precisely, my view has been that taxes on rents are better than most other taxes because they extract funds with minimal distortion to production and investment decisions.
I think the best way to think your way around . . . → Read More: Does a Resource Rent Tax Solve the Problem of Sovereign Risk?
In my previous article on the bloated private sector, I failed to adequately explain my main point.
For the past 3 decades faith in the free market powers of the private sector have led to a massive misallocation of resources away from public sector investment. . . . → Read More: The Market Demand for Government Investment
The CEO of the Perth Mint gave a presentation to the WA chapter of the Australian Institute of Company Directors on Wednesday that I thought I’d share with you. It was only three slides as it was a 10 minute slot. All of the figures behind these charts come from the World Gold Council.
. . . → Read More: Supply, Demand and Price
When compared to more traditional investment options, the contemporary art market is highly inefficient – but this hasn’t dampened the enthusiasm of buyers and investors.
The contemporary art market has left its critics standing. Many presumed that it would be one of the crisis’ first victims as collectors tightened their purse strings and investors . . . → Read More: What Can the Art Market Tell Us About Our Economy?