LMR – February 2018

One of the most masterful explanations of Austrian economics ever written, a book that gets through the typical closed mind and actually teaches the masses the main differences between good economics and bad economics, is Henry Hazlitt’s Economics In One Lesson.

BankNotes – February 2018

Highly profitable companies can run into financial trouble if they don’t have the liquidity to react to unforeseen events. Even companies with a stockpile of assets on their balance sheets will struggle with cash flow issues when markets crash if those assets are illiquid. In a moment of crisis, assets are of no value if they cannot easily be converted to cash in order to save the company.