I have spoken at length about the problems with the international organization approach that has dominated American policy with only a few limited exceptions since the Cold War. Those problems mean that the real-politique approach which is now emerging has the potential to correct some of these naive, and disempowering excesses that have come to … Continue reading The one key weakness in real-politique tariffs
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Tariffs and Politics as the Key to Market Valuations
As one commentator put it on the late night European Bloomberg show "Its now all about tariffs and politics!" For those of you who have been following the posts on this site you know that we believe this is the case regarding the importance of politics far more than the markets ever want to really … Continue reading Tariffs and Politics as the Key to Market Valuations
Dangerous Escalation of Ukrainian Conflict
I have written in earlier posts about the dangers of the US allowing Ukraine to use advanced US ATACMS missiles to attack in Russian territory. Well that has now occurred and Russia has formally and very publicly changed its nuclear doctrine to include such a use as a legitimate reason to use its nuclear arsenal … Continue reading Dangerous Escalation of Ukrainian Conflict
The Key Trading Elements Fama’s Efficient Market Hypothesis Leaves Out
Eugene Fama's Efficient Market Hypothesis (EMH) has much that is of value in the theory. In fact, given the way most people invest in the markets, it is more or less the case. He himself acknowledges, and higher-level people usually do with such things, that there is a certain slippage in his theory---i.e. it's a … Continue reading The Key Trading Elements Fama’s Efficient Market Hypothesis Leaves Out
A Few Thoughts on Francois Roddier’s “The Thermodynamics of Evolution”
Since this site is dedicated to higher level analysis of Macropolitical Markets we will occasionally comment and point the reader to interesting works in such fields as psychology, physics, philosophy, and cosmology among other areas. This may seem quite far afield from what one might expect in a site trying to teach key concepts for … Continue reading A Few Thoughts on Francois Roddier’s “The Thermodynamics of Evolution”