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Tag Archives for " Cantillon Effect "
3

The Reversion Will be Mean

We hear a lot of talk in financial and economic circles about “reversion to the mean” or some variation: reversion through the mean or that reversion typically overshoots the mean. If you believe in cycles or oscillations, when you see something get wayyyyy out of whack, you may not know how much further out of […]

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Even Unicorns Get the Blues

Heretical Judge Rules that Uber Can’t Externalize its Labour Costs As I briefly covered in my AxisOfEasy tech digest this week, Uber and Lyft were bracing themselves for a ruling by a California judge that threatened to force them into treating their wage slaves drivers as employees. Lyft said if the ruling went against them […]

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13

Wait, why is The Fed buying my biggest competitors’ bonds?

On Cantillionaires, Sycophants and Losers “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning” — Henry Ford “The ultimate crisis will occur when the situation is so thoroughly perverted that the defenders of […]

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4

Jackpot Chronicles #3: The Great Bifurcation

This is part 4 of the Jackpot Chronicles: Four Post-Coronavirus Scenarios. Read the series here, or sign up for Out Of The Cave here. “In the future there will only be one occupation: managing one’s wealth. And the majority of the population will be unemployed.” – Me. The original working title for this installment of […]

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10

Pictures of the Socialistic Future

(My fledgling audiobook company just released an audio version of Eugen Richter’s 1893 work “Pictures of the Socialistic Future”. In order to have an audiobook version of a public domain work accepted into Amazon’s Audible store, you have to first make a kindle version and add some unique original content to it, such as a […]

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