Madness of Crowds
A critique of herd mentality in politics, finance, economics, foreign affairs, and culture

The Market

Some asset pricing to gauge today's degree of madness
Go to Bitcoin

Bitcoin

Satoshi Nakamoto published a paper called “Bitcoin: A Peer-to-Peer Electronic Cash System” in November 2008. Shortly thereafter, the virtual currency was born.

Go to Gold

Gold

Used as money for thousands of years, gold continues to be relevant. As central banks continue to manipulate the values of their respective currencies, gold’s value is worth tracking.

Go to Oil

Oil

Oil was struck at Spindletop on January 10, 1901. The commodity and energy resource has since been a driver of industrial progress. The price of oil remains relevant today.

About

"Elections, after all, have very little to do with ideology; they're really
just popularity/personality contests among the hoi polloi." - Doug Casey
"Men, it has been well said, think in herds" - Charles Mackay

Charles Mackay published Extraordinary Popular Delusions and the Madness of Crowds in 1841. Either miraculously or foolishly, his main argument regarding the dangers of group-think continues to be relevant over 150 years later.

The objective of this site is to prompt intellectual exploration and discussion through insight into politics, finance & economics, foreign affairs, and culture.

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