An investor’s desire to minimise his dues is nothing new. “The avoidance of taxes”, said John Maynard Keynes, “is the only intellectual pursuit that still carries any reward”. What is new is the scale and speed at which the desire is transforming financial intermediaries, wealth management and even the notion of passive investing. Once the preserve of the ultra-rich, the drive to minimise taxes has reshaped America’s financial system.
On this marathon episode of Minor Issues, Mark stitches together four recent interviews for a fast-moving tour of today’s economy:...
Seal hunted by killer whales escapes by jumping onto photographer’s boat Associated Press (Dr. Kevin) German scientists discover that rats...
Yves here. BWAHAHA. There is so little good news on the mass surveillance that every win ought to be celebrated....
What if the economy wasn’t chaotic at all-but followed a hidden code? The Armstrong Economic Code reveals the powerful cyclical patterns...
Part the First: Financial Stability and Climate Instability. Or, could a climate-related shock trigger a recession? This is a question...
Ludwig von Mises argued that the “nineteenth century philosophy of liberalism,” or the classical tradition of liberalism, is not founded...
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