Monday, May 7th, 2012
Munch's "The Scream" may be all the rage today, but to Jim Grant, in his latest interview on Bloomberg TV, the record price paid for the painting is not so much a manifestation of modern art as one of modern currency: "This is the flight into things from paper" .
Friday, April 27th, 2012
Tuesday, April 24th, 2012
Note to the Federal Government: Champagne bubbles are good. The bubbles you've been giving us? Not so much.
Tuesday, April 17th, 2012
If you're at a table full of politicians and you can't find the scapegoat, it's you.by Monty Pelerin
Tuesday, April 10th, 2012
There will never be a failed US Treasury auction... until there is"The antidote to hubris, to overweening pride, is irony, that capacity to discover and systematize ideas. Or, as Emerson insisted, the development of consciousness, consciousness, consciousness." -Ralph Ellison
Monday, April 9th, 2012
When life gives you lemons, plant an orange tree. We need an alternative to the Fed's lemons.
Wednesday, April 4th, 2012