Blogs

Finally, A Grown-up Speaks Out Against Economic Policies

Finally. someone is courageous enough to say what everyone else is thinking . There is little doubt that many other companies feel the same way and are taking the same actions as David Farr , Emerson Electric ’s CEO. They choose to keep low profiles...

Posted to Monty Pelerin's World by Monty Pelerin on Sat, Nov 21 2009

Filed under: economy, ideology, incentives, obama

The Importance of Fellow Travelers

Fellow travelers are often treated as annoying gadflies, whose only effect is to distract the hard core of a group. However, they serve in a number of underappreciated roles. In the Austrian case, they help to bridge the gap between the mainstream and...

Posted to Kaleidic Society by ziragt on Thu, Jul 30 2009

A View from the Trenches, September 28, 2009: "The British situation (in historical context)"

Please, click here to read this article in pdf format: www.sibileau.com A week ago, we went on record with our neutral call on equities (see www.sibileau.com/martin/2009/09/22 ). The three points we made played out as anticipated: Lack of clarity on exit...

Posted to A View from the Trenches by Martin Sibileau on Sun, Sep 27 2009

My Thoughts on the Wii Shortages

In Jan. 2007, I was fortunate enough to purchase a Wii from Toys "R" Us. Back then, I never would have thought that the same supply/demand situation would still exist today. They are still very hard to find. One recurring thought that I've...

Posted to Love of Liberty by ChrisR on Fri, Dec 14 2007

Filed under: supply and demand

The Prison in Economics

My forthcoming paper in Public Choice has been posted online at Springer . Read More...

Posted to Austrian Addiction by Daniel J. D'Amico on Fri, Dec 4 2009

A View from the Trenches, June 14th, 2010: "It's calm out there"

Please, click here to read this article in pdf format: june-14-2010 There isn’t really anything new to support a different direction for the markets, since our last letter. We have seen the Euro stable around 1.20-1.21 USDs, with gold holding ground...

Posted to A View from the Trenches by Martin Sibileau on Mon, Jun 14 2010

The False Definition of Inflation

By Monty Pelerin , posted December 4th, 2009 http://www.economicnoise.com/2009/12/04/the-false-definition-of-inflation/ W. C. Fields “How is the human race going to survive now that the cost of living has gone up two dollars a quart? “ W....

Posted to Monty Pelerin's World by Monty Pelerin on Fri, Dec 4 2009

Filed under: inflation

A View from the Trenches, July 6th, 2010: "A growth story"

Please, click here to read this article in pdf format: july-06-2010 The summer doldrums are here and investors (including ourselves, of course) are trying to understand the latest “structural” foundations driving the markets. One can think...

Posted to A View from the Trenches by Martin Sibileau on Tue, Jul 6 2010

A View from the Trenches, November 9th, 2010: "The next big thing"

Please, click here to read this article in pdf format: november-9-2010 Having dealt with the implications of QE2, the market has repriced and now shifted focus to the situation in Europe. We should have published yesterday about this, but we had already...

Posted to A View from the Trenches by Martin Sibileau on Tue, Nov 9 2010

A View from the Trenches, November 16th, 2010: "If you look beyond the trees"

Please, click here to read this article in pdf format: november-16-2010 We are writing with hesitation this morning. For the first time in a long time, we feel at a loss in terms of markets’ near term direction. We want to believe that the trend...

Posted to A View from the Trenches by Martin Sibileau on Tue, Nov 16 2010

A View from the Trenches, August 12th, 2009: More questions than answers

Please, click here to read this article in pdf format: www.sibileau.com/martin Back from a brief vacation, I have more questions than answers. Since last week, it is obvious the general outlook is more uncertain. I’ve been endlessly trying to figure...

Posted to A View from the Trenches by Martin Sibileau on Tue, Aug 11 2009

The Button

(No, no, not that button...) There is a movie in major release called The Box, which is a retelling of a 1980s Twilight Zone episode called "Button, Button" , based on an earlier short story by the same name. The basic story is that a couple...

Posted to Thoughts in the shower by Ross Lippert on Wed, Nov 18 2009

A View from the Trenches, December 1st, 2009: "Liquidity is king"

Please, click here to read this article in pdf format: www.sibileau.com I think we started the week with a lot of unnecessary noise, which somehow prevents us from noticing what may be underlying trends in the making. As we had foreseen back on September...

Posted to A View from the Trenches by Martin Sibileau on Mon, Nov 30 2009

Wisdom: Friedman on Fed

Wisdom: Friedman on Fed By Monty Pelerin , posted March 29th, 2010 http://www.economicnoise.com/2010/03/29/wisdom-friedman-on-fed/ Milton Friedman on dangers of allowing the Federal Reserve so much power: “The power to determine the quantity of...

Posted to Monty Pelerin's World by Monty Pelerin on Mon, Mar 29 2010

Filed under: Fed, friedman

A View from the Trenches, January 15th, 2010: "Remembering Adam Smith"

Please, click here to read this article in pdf format: january-15-2009 The waters are getting murkier. The problems associated with the 2009 transfer of private sector losses to the public sector are becoming more and more visible at faster speeds. Personally...

Posted to A View from the Trenches by Martin Sibileau on Thu, Jan 14 2010