Blogs

A View from the Trenches, July 9th, 2009: " Why are stocks not selling more violently?"

Many years ago, when I had to sell my first car to buy a newer one, I was a bit anxious. I could not find buyers. I went to my mechanic’s shop looking for some advice. Perhaps he would be able to place the car with one of his customers. When I told...

Posted to A View from the Trenches by Martin Sibileau on Thu, Jul 9 2009

Osama Parrots the Left

By Monty Pelerin , posted January 30th, 2010 http://www.economicnoise.com/2010/01/30/osama-parrots-the-left/ It looks like Al Gore has a new follower. Osama bin Laden is apparently modifying his image and adopting the role of elder statesman for the world...

Posted to Monty Pelerin's World by Monty Pelerin on Sat, Jan 30 2010

Filed under: Osama, Chomsky, Gore, global warming

A View from the Trenches, July 27th, 2009: "This time is different"

( To subscribe to this daily market letter and receive it by email, in pdf format, please visit : www.sibileau.com/martin ) We start a week in which $236BN in bills and coupons will be supplied. Everyone I’ve spoken to in the last days has been...

Posted to A View from the Trenches by Martin Sibileau on Sun, Jul 26 2009

“Free” Booze for State Alcoholics

“Free” Booze for State Alcoholics By Monty Pelerin , posted January 2nd, 2010 http://www.economicnoise.com/2010/01/02/free-booze-for-state-alcoholics/ … the stimulus was akin to providing a gift of booze to a recovering alcoholic. The...

Posted to Monty Pelerin's World by Monty Pelerin on Sat, Jan 2 2010

Filed under: insolvency, state deficits, WSJ

A View from the Trenches, September 17th, 2009: "A run on the USD"

Please, click here to read this article in pdf format: www.sibileau.com Let’s be upfront: Yesterday’s session was all about a run on the USD. In an emerging market or developed country whose currency lacks international weight, a run against...

Posted to A View from the Trenches by Martin Sibileau on Wed, Sep 16 2009

A View from the Trenches, February 26th, 2010: "On gold, again..."

With yesterday’s fears of a rating’s downgrade on Greece’s sovereign debt and weak US jobs market data, the markets (except in Canada or Mexico) sold off. However, we could not make sense of the simultaneous rise in the price of gold...

Posted to A View from the Trenches by Martin Sibileau on Fri, Feb 26 2010

Rep. Grayson tells Cheney to "STFU"

Orlando Congressman Alan Grayson made some more headlines on cable TV Wednesday night, telling former Vice President Dick Cheney to "STFU." That's an internet acronym used for "shut the f--- up." Grayson was responding to Cheney's...

Posted to mikguiruram by mikguiruram on Thu, Dec 10 2009

Economics, and Judgments of Value

Without a doubt, one of the most vexing faults to be found in economic analyses is the inclusion of judgments of value into the inquiry. As an action, a judgment of value is one during which individual expresses his preferences, and, due to the fact that...

Posted to The Critiques: An Analysis by laminustacitus on Wed, Feb 18 2009

Complexity and Business Cycles

I've mentioned before that I think there are a number of problems in the Austrian business cycle theory as it is usually expounded. Some of these problems are small and only of theoretical importance. They relate to the intricate and subjective nature...

Posted to Kaleidic Society by ziragt on Sat, Oct 3 2009

The Dead, the Dumb, and the Rational

What sets "us" apart from the rest of the universe? Dead things don’t reason, choose, or act. They just react. They are mindless assemblages of particles which only respond slavishly to the impulses given them. Dumb animals don’t...

Posted to Lilburne @ Mises by Daniel James Sanchez on Fri, Jun 19 2009

Filed under: Human Nature

Why Obamanomics Will Not Improve The Economy

“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” Friedrich Hayek The economic programs and policies currently in place are truly astounding. I don’t think I...

Posted to Monty Pelerin's World by Monty Pelerin on Mon, Nov 23 2009

Filed under: incentives, obama, macro, micro, economics

A View from the Trenches: July 24th, 2009

I don't write on Thursday evenings (i.e. don't post on Fridays), during the sailing season, as I race on an SR21 in Lake Ontario and have no time to write at night. But given the action in the markets yesterday and the fact that the race was canceled...

Posted to A View from the Trenches by Martin Sibileau on Thu, Jul 23 2009

Star Trek: "A taste of armageddon" and the State

What would the State look like if I hadn't been brought up in it? Alternatively, what would happen if the proverbial "man from mars" came to Earth and had a look at the State, having no such experience? I think an old Star Trek episode,...

Posted to Thoughts in the shower by Ross Lippert on Tue, Nov 17 2009

Hayekian Song: How Little We Know

I have written a simple acoustic song with a Hayekian flavor. Click here to see the lyrics and find a link to download the .mp3 file.

Posted to Learning: a never-ending process by martinf on Sat, Apr 17 2010

A View from the Trenches, September 30th, 2009: The trend is your friend.

Please, click here to read this article in pdf format: www.sibileau.com Below, I show two charts (source: Bloomberg). On the left, we can see the 3-mo Libor – Overnight Index Swap spread. As we repeated countless times, in the past, we were confident...

Posted to A View from the Trenches by Martin Sibileau on Tue, Sep 29 2009