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Welcome to the Everything Bubble!

February 9, 2021   ·  8 minutes

The warning signs of market mania are everywhere. P/E ratios are high and climbing. Bitcoin rose 300% in … Continue reading “Welcome to the Everything Bubble!”

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The Economy: An Optimistic Thought Experiment

July 13, 2012   ·  38 minutes

Over the past few years the economist in me has been profoundly pessimistic about the short and medium … Continue reading “The Economy: An Optimistic Thought Experiment”

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