If all actions are reactions why are Americans hated? Well this is a finance site..so let me stick to what I know. Almost all literature we have read on equity markets is American. The great American investors have written all this literature in the past 50-100 years. This was the time when American companies (fairly […]
Are you creating wealth? If you wondered what is the connection between the article and the way this article starts, do not be surprised. I always thought that the finance professionals were the smartest in the world. They go out there and create complicated products – and then charge a nice fee for telling you […]
A few days ago I had done a small note on Ayn Rand. She was a Economic Philosophy writer who found that US A had too much governmental interference. If you are a student of Economics you understand the word ‘rent’ in the correct sense. Rent seekers are those people who have been able to […]
Obama has made a passionate speech – while talking of reviving the economy. He has said his main focus will be on: education health transportation alternate energy defense —— and there are websites dedicated to see how this is going to generate (or lose) jobs, etc. What looks like a nice ‘want to do’ may […]