Book of The Month

“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” – Benjamin Graham, The Intelligent Investor Central banks have never had this much control of the market before. The Fed has now joined the European Central Bank in buying corporate debt, […]

“We have, as human beings, a storytelling problem. We’re a bit too quick to come up with explanations for things we don’t really have an explanation for.”– Malcolm Gladwell, BLINK The month of June, like all of 2020 could not end soon enough. With the murder of George Floyd in May, June was a month […]

“WORKING MEN OF ALL COUNTRIES, UNITE!” – Karl Marx[1] I will always believe you can learn a lot more from good books than you can from bad books, that being said, you can still learn a lot from bad books. The May Book of the Month is perhaps one of the worst “books” ever written, […]

“History is seasonal, and winter is coming. Like nature’s winter, the saecular winter can come early or late. A Fourth Turning can be long and difficult, brief but severe, or (perhaps) mild. But, like winter it cannot be averted. It must come in its turn.” – William Stauss and Neil Howe[1] The April book of […]

“No subject is so much discussed today-or so little understood-as inflation.” – Henry Hazlitt[i] The above quote is the opening line from one of Henry Hazlitt’s most important essays and now the Econ Circus March book of the month! Normally when Hazlitt is introduced to someone it is with Economics in One Lesson, however as […]

“This book attempts to fill a gap by inquiring in detail into the causes of the 1929 depression from the standpoint of correct, praxeological economic theory” – Murray Rothbard[i] The narrative of the Great Recession of 2007 to 2009 sounds a lot like this: … the “evil” capitalist banks for reasons unknown all started to […]

“Every measure aiming at confiscating some of the assets of those who own more than the average or at restricting the rights of the owners of property is considered as liberal and progressive.  Practically unlimited discretionary power is vested in government agencies the decisions of which are exempt from judicial review.  The few upright citizens […]