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Joakim Book

Two Grand Traditions in Financial History

Before New York acquired its status as the financial center of the world, the honor of that title was reserved for London and, before then, Amsterdam for roughly a century each.


Jeffrey Tucker

The Love the Market Gives

Every unforced decision to trade represents a spark of insight, a hope for a better future, and the instantiation of a human relationship that affirms the dignity of everyone involved. Sometimes that relationship is personal; it is even more awesome to consider the enormously complex impersonal relationships that make up the vast global networks of exchange that make our lives wonderful.


Robert Hughes

Multifamily Housing Permits and Starts Rise in April

Housing starts and permits improved in April, but the outlooks for the major segments vary widely.


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