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Posted in Economics, Kenneth D. Gartrell, Business, Finance, Political on Jun 28th, 2008
By: Kenneth D. Gartrell
There has been much recent news interest focused on why Obama is helping to cover the unpaid costs of Hillary Clinton’s campaign. The commentators would do well to remember that economic decisions are forward looking. No rational decision maker looks backward when making a decision. What is past is a “sunk […]
Posted in Economics, Kenneth D. Gartrell, Business, Finance, Market Efficiency, Investor Behavior, Education, Political on Jun 28th, 2008
By: Kenneth D. Gartrell
One of the most remarkable aspects of the present climate for oil prices is the extent to which public policy makers and political pundits are ignorant of and therefore able to demagogue an otherwise understandable economic question and confound issues to the point where it is political uncertainty more than anything […]
Posted in Economics, Kenneth D. Gartrell, Business, Finance, Market Efficiency, Investor Behavior, Political on Jun 28th, 2008
By: Kenneth D. Gartrell
China and India have been blamed by many politicians and pundits for the recent rises in oil prices. Simple economic analysis makes it clear that there cannot be such an impact. It is vitally important to a correct economic analysis that the analyst adopt an “ex ante” perspective. “Ex […]
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