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Posts by: Joel Bowman

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Joel Bowman

Joel Bowman is managing editor of the Daily Reckoning and former managing editor of the Rude Awakening. After completing his degree in media communications and journalism in his home country of Australia, Joel moved to Baltimore to join the Agora Financial team. His keen interest in travel and macroeconomics first took him to New York where he regularly reported from Wall Street, and he now writes from and lives all over the world.

  1. Daily Reckoning

    Run, Saverin! Run! May 17, 2012

    Run, Saverin! Run! Were it not for the fact that you’d still have to suffer the eternal torment of actually living with your wicked, miserable little self, life as a willing and active member of The State might be pretty tempting. After all, Team State — operating in direct competition with Team Freedom — enjoys …Read more…


  2. Daily Reckoning

    Why the World’s Unemployed Youth are Flocking to Brazil May 16, 2012

    Man wasn’t supposed to labor like this. Not under these conditions…with a clear view of a clearer sea…a white sandy beach below his room…the sound of the crashing waves gently carrying through his window… …and his head stuck firmly in his computer screen. But we will soldier on, Fellow Reckoner. We will ignore the blissful …Read more…


  3. Daily Reckoning

    The Difference Between Market and Government Swindles May 14, 2012

    What’s going on in the markets? Well, a gloriously strong chávena de café at one of this city’s many colorful, street side vendors (not Starbucks) will set you back one Brazilian real, or around fifty cents. In other words, pretty cheap. A Caipirinha on the deck of what is surely the most unique hotel bar …Read more…


  4. Daily Reckoning

    Lysander Spooner vs. the USPS May 10, 2012

    I gave a letter to the postman, He put it in his sack. Bright and early next morning, He brought my letter back. — “Return to Sender”, lyrics by Otis Blackwell and Winfield Scott This just in: The state still sucks at delivering the mail. Shocker! According to news across the wire… (Reuters) The US …Read more…


  5. Daily Reckoning

    Examining the Long-Term Benefits of Gold Investing May 2, 2012

    Dow down, but only by a bit. Gold off, but only by a touch. Oil lower too, but just by a smidge. We don’t go in for daily numbers, Fellow Reckoner. They’re too volatile. Too capricious. Too whimsical. One minute, stocks are on an upward tear. The next they’re crashing down again. Then you take …Read more…


  6. Daily Reckoning

    Lest We Repeat April 26, 2012

    War doesn’t determine who is right — only who is left. — Bertrand Russell Is the world marching off to battle, Fellow Reckoner? If history is any guide, the answer would seem to be a categorical, “always.” “US may have to strike Iran: Republican VP prospect” read a headline from the wires yesterday afternoon. Apparently …Read more…


  7. Daily Reckoning

    A Caveman’s Account of “Civilized Society” April 19, 2012

    Freedom has a thousand charms to show, That slaves, howe’er contented, never know. — William Cowper, Table Talk Emblazoned across the lucre-basted exterior of the Internal Revenue Service building in Washington DC, reads one of the most intellectually polluted quotes any free mind is ever likely to encounter: “Taxes are the price we pay for …Read more…