Archive for the ‘Videos’ Category

I spend a significant amount of time online reading and learning. And one of my favorite areas of interest is economics. It’s weird, I have a high school diploma, a BA, and an MA, and if you had talked to me immediately after completion of my MA I would have said I basically had an elementary, maybe even cartoonish view of economics and economic theory. All I had in college was Micro, and I barely remember getting anything out of that class other than realizing I was bored every day I was there. I have spent years learning more about the topic, and I’m amazed what I learn each day about the topic. It’s that complex and that interesting.

I get it. On the surface, economics is not the most interesting stuff for the average Joe, but the average Joe is supposedly tasked with maintaining this Republic.

It’s arguable that the economic system that we live inside of is as important in any ecosystem biologists study. Economics is a fascinating mixture of history, sociology, and psychology. It is not an exact mathematical science and it is not primarily math driven, far from it.

All history and current events should be seen through the lens of economics. This is why I never watch any mainstream news. These people are often moronic talking heads who just have a news fetish. There’s no depth of knowledge. I learn far more from the people I follow in the investing space.

Why?

Because not knowing the importance of what is happening is what kills returns.

This is just an outstanding lecture, and really does a good job of destroying some of the cartoonish nonsense you were taught if you attended a public school or typical university.

Tom Woods is one of my favorite Libertarian thinkers. He’s a phD historian who has degrees from both Harvard and Columbia. He went off the reservation of allowable opinion years ago because when you start honestly questioning and studying the reservation, it isn’t that inviting of a place for anyone of any intelligence.

Turn off whatever crap you’re watching on your TV or your phone, and open your mind and learn. You won’t regret the time spent.

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If you like financial news and markets, you really should check out the work that Real Vision is doing. It’s infinitely better than CNBC or Fox Business. They have a paid version, but you can get a lot of their content for free on their YouTube channel.

Really want to scare yourself. Watch this video. The coming crisis will fundamentally change everything about America financially and few have the courage to talk about it. Pretty much everything politically is irrelevant if we don’t address this one thing, and no, that’s not hyperbole, it’s going to be that bad.

It’s the perfect storm and it’s coming right at us.

I’m yet to read any of Malcolm Gladwell’s work, but I know it comes highly recommended if you are into business/leadership books. Gladwell was interviewed by Glenn Beck. This interview is about seven minutes, and it is really worth your time.