Thursday, February 21, 2013

DailyMarkets.com - Alchian: In Defense Of Property Rights And Liberty

DailyMarkets.com - Alchian: In Defense Of Property Rights And Liberty

Alchian: In Defense Of Property Rights And Liberty

Posted: 21 Feb 2013 06:46 AM PST

Oratorical and literary giants have spoken and written at length on what has made our nation great. People could literally spend a lifetime studying the works of these individuals.
Yesterday while traveling on the train I read a simple yet compelling case for what I believe lies at the very foundation of our nation's greatness.
Why do I think of the 272 word Gettysburg Address as I read a 192 word passage written by the recently deceased economist Armen A. Alchian.
The Wall Street Journal … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Feb.21, 2013: Central Banks Discussed Nominal GDP Targets At G-20

Posted: 21 Feb 2013 05:19 AM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Central banks discussed nominal GDP targets at G-20 (Bloomberg)
Brazil’s economy grew 1.35% in 2012, says central bank (Xinhua)
King pulls out stops to energize economy in Carney handover … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold Finds Interim Support, Oil May Follow On US CPI

Posted: 21 Feb 2013 03:08 AM PST

Gold and silver prices have found interim support after yesterday's selloff as traders look ahead to soft US CPI data. Crude oil and copper may follow suit.
Talking Points

Gold and Silver Prices Find Interim Support Before US Inflation Report
Crude Oil, Copper May Rise if Soft CPI Caps Hawkish Fed Outlook Shift

Crude Oil and copper prices followed gold and silver lower as expected yesterday in the wake of a hawkish shift in tone found in minutes from January's FOMC meeting. The selloff in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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