Recent Insights

Month: May 2018

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  • Iron Capital Perspectives
  • May 25, 2018
  • Chuck Osborne

All About Trade

Thus far the trade reality is much less dire than the trade banter coming from the White House. However, that banter can have a very negative impact. Economics in the real world is not the cold social science many academics make it out to be. Psychology plays a very big role.

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  • Iron Capital Perspectives
  • May 1, 2018
  • Chuck Osborne

Nothing Lasts Forever

“If something cannot go on forever, it will stop.”  – Herbert Stein’s Law

Herbert Stein was an American economist and a senior fellow at the American Enterprise Institute. There are not a lot of economists who get laws named after them, but Stein did. It may seem obvious when one simply reads it, but the idea that something which cannot go on forever will stop is not that obvious when one lives it.