Dishonest prices create a dishonest economy

Stock prices are primarily information. They tell investors where their capital can be most fruitfully employed. The important thing is not that prices be high or low, but honest.

1990s wisdom from inside a Koala’s bottom warns China is the next Japan

Just as the Bank of Japan’s loose monetary policy inflated asset prices around the world, China’s exchange rate manipulation has too. What if it ends?

Trump and the Republican Clean Energy Conundrum

Republican states lead the charge on clean energy, no matter what Trump thinks