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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

    How Piracy Works Against an Unnatural Monopoly • February 2, 2012

    What the market giveth, the state rises to taketh away. One of the more striking features of this whole modern spectacle must surely be the stark contrast between the state and the free markets that exist stubbornly, gloriously, in spite of its best efforts. Wherever evidence presents itself, it appears to do so with the …Read more…

  2. Daily Reckoning

    Lost in Translation: An Important Note for International Reckoners • February 1, 2012

    First up, a quick public service announcement for our International Reckoners: If you’re planning a vacation to the United States of America in the foreseeable future, you would do well to refrain from employing any confusing colloquialisms in your social media updates prior to departure. For Australians, that means no “cracking onto” members of the …Read more…

  3. Daily Reckoning

    Tax Laws, Corruption and Other Reasons to Expatriate • January 27, 2012

    Here’s a meaningless abstraction for you, Fellow Reckoner. You ready? US GDP grew at an annualized rate of 1.7% for 2011. Now, what does that sentence actually tell us? What does it reveal about life or the quality of it; about the long arc of history and where we are along it; about the Heavens …Read more…

  4. Daily Reckoning

    How Ben Bernanke Rationalizes “Exceptionally Low” Interest Rates • January 26, 2012

    Anything happen in the markets yesterday? To tell the truth, we forgot to check. Let’s have a look now, then… Dow up by 80-something points. A barrel of the world’s currently-preferred energy sits pretty at $100, on the nose. Nothing much, in other words. Ooh…but here’s something: “Gold extends post-Fed rally to 6-week high.” MarketWatch …Read more…

  5. Daily Reckoning

    Knowing Your Role as an Obedient Citizen • January 23, 2012

    We can see them there, huddled under cover of night, assembled in the darkened corners of dimly-lit bars, conversing in hushed tones, eyes darting nervously, wondering who among them might turn coat. Which man here conceals a Ministry badge? Do I hide one myself? Dare I even ask? How their hands do tremble. How their …Read more…

  6. Laissez-Faire Bookstore

    What Does Liberty Really Mean? • January 16, 2012

    It is at times useful to imagine how a truly laissez-faire society, one entirely emancipated from the shackles of state coercion, might exist and operate. Morris and Linda Tannehill examine this very idea in, The Market for Liberty: Is Government Really Necessary? Market for Liberty imagines a totally free society; one with no government intrusion …Read more…

  7. Daily Reckoning

    Markets Seen and Unseen • January 12, 2012

    When we hear people talk about the “tale of two economies,” we expect to find them referring to the Wall Street vs. Main Street match up. An important one, to be sure. Or maybe they’re comparing the economies of two different countries or regions; one healthy, the other moribund.…Read more…