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Icarus Signals. The home of economic insight
Saturday, 4 February 2023

Tags: economist

Carl Menger’s Theory of Institutions and Market Processes

Posted on April 15, 2021 by TeamIcarus | 0 Comments
This year marks the 150th anniversary of a radical change in the way economists came to understand the logic of human decision-making and the formation of prices in society.
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Yes, Curves Have Been Forced To Speak Japanese

Posted on April 3, 2021 by TeamIcarus | 0 Comments
Economists’ R*, or R-star, is a fiction. It’s one that they came up with after-the-fact to try to explain why their policies didn’t actually work the way policymakers had initially…
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The Mischief of “Pecuniary Externalities”

Posted on March 25, 2021 by TeamIcarus | 0 Comments
Among the most misleading – and hence, most objectionable – terms used in modern economics is “externality.” As summarized in my previous essay,
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Bitcoin Bros Rediscovering Our Monetary Past

Posted on March 18, 2021 by TeamIcarus | 0 Comments
All eyes on bitcoin, it seems, as the price hits new all-time-highs, its proponents celebrate, and the economists who have long pronounced it dead and useless scratch their head in…
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What Gold Says About UST Auctions

Posted on March 15, 2021 by TeamIcarus | 0 Comments
The “too many” Treasury argument which ignited early in 2018 never made a whole lot of sense. It first showed up, believe it or not, in 2016.
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What Happened To The ‘Bring Everything Back’ Function?

Posted on February 8, 2021 by TeamIcarus | 0 Comments
The good news, such that it might be, is that the BLS – using data from the Census Bureau – believes that the American population is slowing down.
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CME Chief Economist Hints Bitcoin Is Gaining Ground On Gold As A Hedge

Posted on February 5, 2021 by TeamIcarus | 0 Comments
Why can't we be friends? The gold versus Bitcoin debate rages on.
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Permanent Magic Number Hypothesis

Posted on February 2, 2021 by TeamIcarus | 0 Comments
Is there a charmed fiscal number that unlocks the inflationary promised-land? Central bank Economists have spent more than a decade in the West, two in Japan, desperately seeking the magic…
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A $15 Minimum Wage Wouldn’t Derail The Economy: Economist

Posted on January 16, 2021 by TeamIcarus | 0 Comments
Let the bartering begin.
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Carl Menger and the Sesquicentennial Founding of the Austrian School

Posted on January 13, 2021 by TeamIcarus | 0 Comments
There are few works in the history of economics that may be truly considered “revolutionary” and “path-breaking,” in its starting premises, its logic, and its implications.
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