Monthly Archives: December 2013

A Well Earned Tribute to a Mutual Fund Pioneer

He changed the mutual fund industry for the better with a simple idea. This idea improved the fortunes of millions of individual investors, including this writer. John Bogle is the inventor of the low-cost index fund that is one of the most popular products in the fund industry. Recently, the octogenarian founder of the Vanguard…

Continue Reading →

The Zero Interest Option Could Wreck Our Economy

Still another government price control that is already ruining lives. “Central bankers are actually central planners,” – William A. Fleckenstein, “Greenspan’s Bubbles,” “The Federal Reserve is responsible for the boom-bust cycles.” – Ron Paul, “End the Fed” Economic history is primed to repeat in the nastiest of ways unless the government stops distorting the price…

Continue Reading →

The Super Bank Turns 100, But don’t ask its representatives to speak on the record

End America’s central bank because it caused the crashes of 2008, 1987 and 1929 and will blunder again. That’s some of what many critics are saying about The Federal Reserve Board (the Fed), which turns 100 on December 23, 2013. They note that on the Fed’s watch America has endured numerous bubbles, crashes and inflationary…

Continue Reading →

Health Food Chain Owner and Academic Try to Save Capitalism

Conscious Capitalism: Liberating the Heroic Spirit of Business By John Mackey and Raj Sisodia (Harvard Business Review Press, Boston, 2013, 344 pages) Is capitalism ethical, moral and does it benefit most human beings? Yes, on all counts, according to this book. In general, the authors, an entrepreneur who founded Whole Foods (nee Safer Way) and…

Continue Reading →