by John Mauldin | Feb 7, 2020 | alerts, Mauldin Economics
Economists and investors are rightly obsessed with growth. We always want more of it. We worry it won’t come or, worse, might turn into contraction. Economists of all stripes, from Paul Krugman to Lacy Hunt, recognize economic growth cures all manner of...
by John Mauldin | Jan 31, 2020 | alerts, Mauldin Economics
Regular readers know I often criticize so-called “experts,” usually economists or central bankers whose flawed decisions are punishing the rest of us. I find their expertise is not nearly as reliable as they seem to think. At the same time, I rely on experts whose...
by John Mauldin | Jan 24, 2020 | alerts, Mauldin Economics
The human brain excels at taking shortcuts. Processing all the information our senses collect takes a lot of energy, so repetitive data gets lower priority. Things we see often fade into the background so we can notice new stuff. This is where we get phenomena like...
by John Mauldin | Jan 17, 2020 | alerts, Mauldin Economics
We haven’t had a lot of good news lately. Or, more precisely, we haven’t seen a lot of good news lately, though it does exist. We don’t see it because both regular media and social media usually focus on the bad. That’s not entirely wrong. The survival imperative...
by John Mauldin | Jan 10, 2020 | alerts, Mauldin Economics
If living dangerously is your goal, just keep adding reasonable, manageable, prudent risks. Eventually they’ll add up to serious danger. Hyman Minsky showed how stability leads to instability. Humans have a way of reinterpreting stable periods that seemingly redefines...
by John Mauldin | Jan 3, 2020 | alerts, Mauldin Economics
Welcome to the 2020s. Some weren’t sure we would make it this far, but we did. Now we face a new decade and new challenges. How we handle them will determine what kind of conversation we have in 2030. This concern for the future is one of the things that separates...
