Oops, I did it again

 I have done it again.

I wrote a new book, "To Be Loved, Love," which, at slightly over 100 pages long, took me two months to write, and I have now published it.

I also reformatted my older book "XYAB Economics" into a Kindle-friendly format, and reissued it under its new and improved title, "Economics: A Theory of Capital."

And, yes, I have been listening to a lot of Britney Spears recently--I am an LGBTQ Millennial, after all--and she inspired the title of this blog post.

A New Theory of Investing

Here is a new theory of investing, inspired ny the libertarian belief that all government intervention in economics fails: try to guess where the market would have been, and then invest on that. In theory, eventually every government runs out of Other People's Money: the Fed can't drop rates below zero, there is a limit to how much money can be printed before inflation renders the currency worthless, they can only tax so much before a revolt. When the government fails, in theory your investment will make money. In an economic boom fueled by artificial manipulations, invest in a recession, or vice versa. Two objections can be raised: the government won't run out of money before you do betting against it, and your guess can only be mere conjecture with no proof in real financial data (because the "real" data comes from the Fed-manipulated economy). Both true. But for growth investors seeking a competitive edge against the efficient market, this a path--a risky path with no guarantees, but a new path, one which most other investors will shun. A government cannot create artificial prosperity forever, the only question is when the hammer will drop and on what, to correctly target your short sales and put options.

XYAB Economics: A GOLD Libertarian Analysis of Money, Trade, and Freedom

The Economics Book Your Economics Professor Doesn't Want You to Read

This book presents the XYAB theory of economics. The XYAB theory of economics takes the basic idea that people create value, people consume value, and people trade what they create in return for what they consume, and then explains how this simple principle can be applied to macroeconomics. It explores the role of money as a means for complex multi-point trades among economic actors, and why value must be created by someone in order for a benefit to be consumed, even if it is not created by the person who consumes its reciprocal. XYAB explains why "making money" means creating value, and why to spend money is to consume resources that someone else made.

XYAB is explained lucidly using the visualizations of the triangle of trade and the circular pool of value, with a combination of scholarly precision and real world wisdom that is readable and clear. Here you will see, in detail, why capitalism works, and why socialism is not a superior alternative.

Many arguments are made that you will not find in any other book, such as precisely why the government printing new money causes inflation, and how the creation of new wealth causes deflation that helps poor people in proportion to how few dollars they own. The XYAB theory illuminates complex issues of economics in a way that makes it easier to understand the libertarian defense of capitalism.

Necessary reading for any serious student of free market economics.

Learn more at http://russellhasan.com