Unless you’ve been hiding under a rock (or a gold nugget?), you’ve probably heard about the skyrocketing gold prices. As of this writing, gold is at $1425 USD! Only a few months ago, I don’t think most people other than a few gold bugs would have imagined prices shooting up so high, and so fast…. [Read More]
Book Review: Economics In One Lesson
Economics In One Lesson, by Henry Hazlitt: A book review Have you ever been confused when politicians speak of tariffs and subsidies? Does talk of inflation make your head spin? Henry Hazlitt helps clear away the fog of economics in his book, “Economics in One Lesson ” (Amazon affiliate link). The one lesson is very simple:… [Read More]
College: Is It a Complete Waste of Time?
Is a higher education worth pursuing? I’ve been reading a lot of stories about higher education around the blogosphere lately. There’s a lot of debate over the impact of student debt and the merits and drawbacks of pursuing a higher education. My personal feelings on the matter are mixed. I believe that higher education is… [Read More]
The Importance of Opportunity Costs, and Why They Should Not Be Ignored
Everyone is familiar with the direct costs of life. You feel it every time you take some money out of your wallet to pay for food, gas, or tuition. Are you familiar, however, with the indirect costs, and the choices that you make everyday? I am not referring to hidden taxes or fees (such as… [Read More]