All posts by Daniel Lacalle

About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Bloomberg, CNN, Hedgeye, Epoch Times, Mises Institute, BBN Times, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

Trump’s Tariffs: A Tool for Free Trade

Trump’s Tariffs: A Tool for Free Trade

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Trump’s Tariffs: A Tool for Free Trade
Steve Milloy

This is a special contribution from Steve Milloy, publisher of JunkScience.com and author of “Scare Pollution: Why and How to Fix the EPA” (Bench Press, 2016) in response to my post “Tariffs are the Worst Way to Combat Protectionism“.

Knee-jerk Trump-haters and many free market economists are up in arms over the President’s recent imposition of various tariffs. While the Trump-haters are easily dismissed, what about the free market economists?  Continue reading Trump’s Tariffs: A Tool for Free Trade →

The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method

The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method

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The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method
by Dani Freidus – Finance Expert @ Toptal
#CAC #CLV #Metrics

I often hear the question “What is an actuary?” Well, actuaries are unique in that they have a deep understanding of both business and statistics.

Traditionally, an actuary’s differentiator was their ability to make financial sense of extremely long-term horizons—typically those associated with the lifespan of human beings.

This naturally lent itself to actuaries working in the age-old fields of life insurance and pensions. Continue reading The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method →

Tariffs Are The Worst Way To Combat Protectionism

Tariffs Are The Worst Way To Combat Protectionism

Global Economy, On the cover

“The EU, China, and Japan all talk free trade, and they all practice protectionism” Wilbur Ross.

Tariffs Are The Worst Way To Combat ProtectionismProtectionism only protects the Government. It does not defend obsolete industries, does not create jobs and certainly does not support growth. It only protects the government that imposes it, because the governments present themselves as saviors of the effects of something that they have no power to change. Progress and competition. As Henry George said, “what protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war”. Continue reading Tariffs Are The Worst Way To Combat Protectionism →