Today the citizens of the UK will go to the polls to elect a new Parliament – again. With the exception of 2018, this country now had a referendum or a…

This post is part of a series on The Virtuous Investor. For an overview of the series and links to the other parts, click here. “Nevertheless the only …

I have recently written about the ineffectiveness of forward guidance to steer inflation expectations. Because most normal people do not understand how…

I just heard the news that Paul A. Volcker died today at the age of 92. I thought I write a few things about a man that was one of my heroes in finance…

On Friday, I have shown that Father Christmas (aka Santa Claus) is making a lot of losses on Christmas since he gives away all those presents that cost…

Today is Saint Nicholas Day and while people in the UK or the United States don’t celebrate this day, it is big in the Netherlands, Belgium, and German…

Allegedly, trade wars are good and easy to win, but if you ask farmers in the US, they would likely disagree. The Farm Bureau, America’s largest farm l…

This post is part of a series on The Virtuous Investor. For an overview of the series and links to the other parts, click here. “I have perceived to ha…

I have teased you in this blog about my forthcoming book titled “7 Mistakes Every Investor Makes (and How to Avoid Them)” and I am proud to say that it…

One thing economists understand is that change only happens when people have an incentive to change. And when it comes to fighting climate change, gett…

…then give them time off! This seemingly contradictory statement is the result of a study by Timo Vogelsang of the University of Cologne. He studied in…

The chart below has haunted me for the better part of 2019 now. It shows the consumption per capita in the US and the UK by age as recorded by the Nati…