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Political Economy

Category

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March Stock and Fund Picks

Week 2: I hope everybody bought as much as they could of the three CEFs I recently recommended: AIO, BMEZ, and BSTZ. If you didn't you can still buy them after their ex-dividend dates (the date after which you do not get the next monthly dividend) because they tend to have lower prices at that point and thus you may be able to buy more shares. If I was relatively young, I'd buy just these three CEFs, let them DRIP…

October Stock and Fund Picks

Before I list my picks and review the state of the economy, I'd like to add a comment on trade protectionism and the negotiation strategy of the Trump administration with China. The problem is that China is an unfair trader and its communist government's strategy is to steal as much technology as is possible. Something must be done to counter a development strategy such as this. Unfortunately, Trump's trade protectionism and attempts at negotiation will ultimately fail as a countermeasure.…

Some Thoughts on Modern Day Democracy

I'll start with the premise that most people, including those with resources in the markets, do not want or need overregulation. Social progressivity is therefore are desirable agenda. So too is classical liberalism in which there are free markets and limited government. With regard to economics, the limited government only addresses resource misallocation caused by market processes (i.e., under production of public goods, the existence of market externalities, decisions based on asymmetrical information, and excessive market concentration among unions and…

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