Benefits
Businesses, investors and individuals who make it big are usually contrarian. They stay clear from conventional wisdom and try to avoid the errors of the crowd. Remember, “The prize only goes to the dissenters”, as rightly said Ludwig Von Mises. As an investor, business leader, it’s all about making a judgement about the future and positioning yourself, your product and service accordingly. This judgement call will affect your performance. Now, if you are still following the ones who did not see the crisis coming, you may be in a more precarious position than pre-2008 crisis.
So imagine getting a second opinion, especially from those who saw it coming! This is what this site is all about: giving you the framework and tools to make informed decisions in your investments and in your business. Sure, there are tons of financial & economic information around (not to mention tons of “financial products”), but how do you sort out relevant facts from the irrelevant ones? You need a good theory. Which one? Well obviously not the dominant ones, i.e. Keynesians (deficit spending) and Monetarists (increase the money supply) as we suffered them for last 70 years and look where we are now? So let’s see…
For the last 100 years, the Austrian economists have been right in predicting bubbles and crisis. Why? Because Austrian economics understands how the money supply’s ebb & flow affects the economy and financial markets. The investors, individuals and entrepreneurs who work with this theory fared better during the last crisis (and many before) – in fact they increased their wealth betting against the incredulous crowd. That’s why it’s critical to have an understanding of their teachings because only then can you hope to be immune from the blather you’ll hear on TV and read in the popular press.
MJ Economics is about giving you the proper tools to navigate in the troubled waters ahead, create & preserve wealth and as it were, you will be joining the very exclusive club of the top 1% in the world who understands how economies & markets work.
We do not manage money or offer brokerage services; we provide the rationale for different investment strategies according to the big picture (Austrian economics). That is how investment business should operate: investment advice separate from money managers.
In summary, this site will help you…
- Invest and do business like the top 1%
- Avoid the errors of the multitude (even bet against it!)
- What macro events mean in practical investment terms
- Discover new opportunities to create and preserve your wealth
- Understand economic trends and where we are in the business cycle
- Provide directions in an uncertain future
- Get the essential knowledge to protect your wealth from damaging policies
- Be empowered when dealing with the financial industry
