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Dice Have No Memory: Big Bets and Bad Economics from Paris to the Pampas

Name: Dice Have No Memory: Big Bets and Bad Economics from Paris to the Pampas
Author: William Bonner
ISBN: 9780470640043

by William Bonner

April 2011

Intermediate to advanced

352 pages

7h 37m

English

Wiley

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Cover
Title
Copyright
Dedication
Contents
Introduction
Chapter 1 : The Incompetence of Economists
Fight the Fed?The 17-Year ItchFrom Funeral to FuneralThe Whacky World of Modern EconomistsDisappearing on the PampasInevitable and Disgraceful, But Still UnpredictableGonoism!100 Years of MismanagementThree Out of Four Economists Are WrongThe Patsy Revolt of 2010Junk Science
Chapter 2 : The Maestro’s Last Helipad: The Conspiracy of Greenspan and Bernanke
Greenspan’s Put Is ShotGod, Man, and Alan GreenspanHouses without MoatsCan Do MoneyThe World He Lives InPoor House II—The Miracle of No-Sweat Equity . . .Take It Away, MaestroIncredible ThreatPlumbers Crack
Chapter 3 : No Clairvoyants Need Apply
More Perfect UnionsBad BetsMisleading Knowledge, Part ILittle Big BubblesThe Best Kind of WealthOur New Trade of the Decade!The Great Correction . . . Still Pending
Chapter 4 : War and Waste
All Quiet on the Western FrontIn Praise of Group ThinkingThe Dark YearsTsar of ArabiePearl HarborToo Big to SucceedImperial Over-Stretch MarksThe Stain of DemocracyThe Good War

Chapter 5 : Borrowing against the American Dream
Honor InsolvencyPlaying the GameEven More UnexplanatoryLand of the FreeFantasiesLost in SpaceHoorah for Capitalism!Ready for the ShovelsAughts Ruined by Wall StreetU.S. Economy in a Self-Made ViseWhy Debt Does Matter
Chapter 6 : The Zombie State: When Government Fails
Wealth, Poverty, and Blithering IdiotsSaid the Joker to the ThiefIn Gono We TrustWelcome to ZombielandWhen Zombies AttackCentral Planning and the Parasites It CreatesGovernment Growth Does Not Equal Economic GrowthThe Zombie EconomyZombielandEconomic Zombies Shuffle Toward BankruptcyTony Hayward Before Congress: No Sympathy for the Oil Man
Chapter 7 : Back It with Bullion
The Dow in Gold Terms . . . Where to from Here . . . Under the Big Top, Part DeuxThe Revenge of GoldA Goldbug’s LifeFaith in FaithGold Says, “I Told You So”A Look Forward at the Final Stage of the Gold Bull Market
Chapter 8 : The Gaucho’s Guide to Investing in Argentina
Earth’s Bright SideThe Gaucho’s UnionHot WaterSowing the Wind, We Reap the WhirlwindThe Happiest Day in a Man’s Life
Chapter 9 : The Expatriate’s Experiment Abroad
The Accidental InvestorPlanting TreesThe Episcopalian’s Guide to Airport Security ReformationAll Saints’ DayThe Money PitExiles Eternal
Chapter 10 : The One Appointment We Must All Keep
Memento MoriThom Hickling, R.I.P.Requiem for an EconomistFrank Laarman, R.I.P.Remembrance of FannyLife Goes On
Acknowledgments
About the Author
Index

Content preview from Dice Have No Memory: Big Bets and Bad Economics from Paris to the Pampas

Contents

Introduction

Chapter 1 : The Incompetence of Economists

Fight the Fed?

The 17-Year Itch

From Funeral to Funeral

The Whacky World of Modern Economists

Disappearing on the Pampas

Inevitable and Disgraceful, But Still Unpredictable

Gonoism!

100 Years of Mismanagement

Three Out of Four Economists Are Wrong

The Patsy Revolt of 2010

Junk Science

Chapter 2 : The Maestro’s Last Helipad

Greenspan’s Put Is Shot

God, Man, and Alan Greenspan

Houses without Moats

Can Do Money

The World He Lives In

Poor House II—The Miracle of No-Sweat Equity . . .

Take It Away, Maestro

Incredible Threat

Plumbers Crack

Chapter 3 : No Clairvoyants Need Apply

More Perfect Unions

Bad Bets

Misleading Knowledge, Part I

Little Big Bubbles

The Best Kind of Wealth

Our New Trade of the Decade!

The Great Correction . . . Still Pending

Chapter 4 : War and Waste

All Quiet on the Western Front

In Praise of Group Thinking

Imperial Over-Stretch Marks

The Stain of Democracy

The Good War

Chapter 5 : Borrowing against the American Dream

Honor Insolvency

Playing the Game

Even More Unexplanatory

Land of the Free

Fantasies

Lost in Space

Hoorah for Capitalism!

Ready for the Shovels

Aughts Ruined by Wall Street

U.S. Economy in a Self-Made Vise

Why Debt Does Matter

Chapter 6 : The Zombie State: When Government Fails

Wealth, Poverty, and Blithering Idiots

Said the Joker to the Thief

In Gono We Trust

Welcome to Zombieland

When Zombies Attack

Central Planning and ...

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Dice Have No Memory: Big Bets and Bad Economics from Paris to the Pampas

by William Bonner

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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