At the start of each year, Larry Swedroe (Director of Research at The BAM Alliance) put together a list of predictions gurus make for the upcoming year—sort of a consensus of “sure things.” (more…)
According to Prof. Steve Horwitz, one contemporary myth is that the cost of living has consistently risen over the past century. Sure, prices are higher than before, but that shouldn’t be the only factor considered. One way of avoiding inflationary distortions is to look at the amount of labor hours required to make a purchase. Watch this video for some surprising facts.