Chris Casey: The Missed Budget Opportunity & the Looming Fiscal Crisis

Eight Predictions for 2025

Election 2024: Who Wins?

Investing with Election Uncertainty

Pay No Attention to that Man Behind the Curtain!

What Risks Lie Ahead in 2024?

Inflation Fears: Shades of 1974?

Echoes of 1974

Each year brings investors a fresh list of hopes and fears. Often, mainstream financial firms provide guidance that extrapolates linear thinking into the future. We prefer to take a more cyclical view of the world to glean knowledge from patterns in past cycles that rhyme with today. With that in mind, we set our […]
Fractional Reserve Airline Seats

This article was originally published by The Ludwig von Mises Institute of Canada on April 18, 2017 Every year, airlines deny thousands of passengers seats on flights due to overbooking. Airlines use sophisticated modeling to manage overbooking to maximize profits given the reality of passenger no- shows. Legally permissible under their “contract of carriage” with […]
Velocity Lacks Veracity

Velocity is not a substitute for demand, but rather of volume. Lots of goods and services may transact at low prices just as they may trade at high prices.