Economic Overviews

There are many different types of economies - communism, socialism, capitalism and democratic socialism. We tend to use the terms concretely, which necessarily introduces inaccuracies and, as such, they serve as excuses not to think and to hold economic beliefs that discourage explorations of the mismatch between theory and practice. Do you know exactly how they differ? Read on.

The McKinsey Global Institute's report “The economic state of Black America: What is and what could be” identifies critical gaps Black Americans face in their roles as workers, business owners, savers and investors, consumers, and residents served by public programs.

In many ways, America remains two societies – one black and one white – as measured by key demographic indicators of social and economic well-being...

Which countries will be the best and worst to invest in over the next 10 years in terms of relative strength of asset prices in real terms?

The inmates have taken over the asylum. Our financiers, economists and bankers have set sail on a course straight into the Bermuda Triangle. That the ship will reach land some day is indisputable. That it will land badly is incontrovertible. The 99%, who seem to have adopted the Ostrich as their ‘National Bird’ would be well advised to ponder these matters to prepare for the consequences of our current economic policies.

GDP per capita is one of the best measures of a country’s wealth as it provides an understanding of how each country’s citizens live on average, showing a representation of the quantity of goods and services created per person. This article identifies the GDP per capita (nominal) of nearly every country and territory in the world.

Longing for the apocalypse and crippled by modern life? Here is a humorous good time prescription for our busy world - to having fun again, feeling sexy with your significant other, feeling wild, peaceful and free. Warning: this prescription may lead to spontaneous euphoria. For euphoria lasting more than 4 hours, check work email and consult your doctor.

A perceptive explanation as to why our nation is committing insidious [i.e. spreading in a hidden and usually injurious way] suicide under the guise of erecting the false ideal of social egalitarianism and how Americans, in the process, are being dumbed down to a vulgarian's existence. Words: 2339

If you truly seek freedom in this un-free world you must not be in the clutches of any one government. You must legally limit your exposure so that no one government has control over your person and your freedom of being. Let me show you how.

When will the next “Minsky Moment” arrive? We don’t know. What we do know is that by the time the Fed realizes what they have done, as always, it will be too late.