“Mark-to-unicorn” = Policy for valuation of risky assets assumed by the entire world in late 2008. Includes lofty estimates of the price of junk and possibly drawing some fantasy-critters on the official balance sheet reports.
Currently Reading
The Fourth Turning by William Strauss, Neil Howe
From Dawn to Decadence, 500 years of cultural life by Jacques Barzun
Churchill, Hitler and the Unneccesary War by Pat Buchanan
The Inflation Crisis and How to Resolve It by Henry Hazlitt
On Democracy by H.L. Mencken
Theory of Socialism and Capitalism by Hans-Hermann Hoppe
Tbe Revolution : A manifesto by Ron Paul
Economic Science and the Austrian Method by Hans-Hermann HoppeBlog Stats
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