Thoughts on Economics and Investment, Part 1: Prolegomena
So, the subtitle of this blog says: “Reconsidering theology, philosophy, culture, economics, and politics.” I figured it was time to address some economic matters. We are fast approaching 2010 and so I will write some (very much in-process) thoughts concerning the U.S. economy and globalization, as well as, challenge many entrenched investment maxims.
1. I am not an expert in economics, just an interested observer.
2. The content of these posts are not to constitute investment advice.
3. I make no money off of this site, am not paid to write here, and have no form of advertisement here.
4. Despite my leanings towards the Austrian School of Economics (see links below), I am not a libertarian. I am most closely a paleoconservative. I am sympathetic to the libertarians (in an era of silly neo-conservativism) as I feel they are some of the few who stick to any of the classical conservative ideologies.
My hope is that these posts would:
1. Create substantive dialogue
2. Discuss sound economic principles
3. Insight some forward-thinking analysis
Suggested Initial Reading
Before going forward, I would strongly commend reading some of these summaries of the technical terms, various schools of economics, and notable figures:
Up first is challenging the underlying assumptions of the buy and hold philosophy of investment.