How Politics Relates to Economics
THE COINCIDENCES IN LIFE ARE AMAZING. I was a young economics student when the Soviet Union began to collapse, and it was fascinating. We had a visiting professor from Moscow teach a class on the economics of communism, which was one of the best classes I took in college. I was so fascinated that I accidently…
Read The Quarterly ReportsCan’t Fight The Law
It seems at least one of Trump’s economists is telling him that tariffs are a wonderful way of stimulating domestic growth and raising revenue for the government simultaneously. This is a protectionist’s dream. The problem with dreaming is that eventually one wakes up. Tariffs have never been a good idea and they still are not. The laws of economics are what they are; trying to fight them never works out well.
Read Iron Capital InsightsThird Quarter 2024
Well that did not take long. Last quarter we talked about the haves and the have nots: The market narrowed dramatically and AI-driven technology was the only area that produced positive results. We knew this was not sustainable, but we had no idea it would change so dramatically so quickly.
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