Why? Transaction Costs
The essence of transaction costs and the impact on institutional structure...
economics
economic related stuff
Credit Cycle - Housing
I've made a contrarian call against a collapse in house prices for the past two...
Free Banking Era
Entrepreneurs Thrived During America’s Free Banking Era | The Daily Economy“Entrepreneurs thrived during the era of...
Elon & OMB
"I expect a big bundle of surprises await
Team Trump, like real interest payments of
$1.5 trillion..."...
Asymmetry
Why have asymmetrical exchange rates? Flexibility and autonomy....
Bank Centralization
Centralization of US banking, 1780 to now...