There is a great deal of excitement in the markets. The S&P 500, DJIA, and Nasdaq continue to break all time highs. But I am very concerned. There are a number of factors which driving the probability of a crash higher. Furthermore, the probability that the crash will be deep is being driven higher as well.« Continue »
Crowd funding is a wonderful free market capitalist solution for projects looking to get startup capital. Except it’s not. It isn’t even a market solution.
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The government has certainly had a hand in pushing for electricity, roads, and other forms of public infrastructure in rural areas, but is this for the best?« Continue »
Jonathan McIntosh made an interesting comment wanting to replace markets with a “democratic” process. But markets are more democratic than democracy.« Continue »