Joakim Book

  • The Money Illusion: A Review

    “‘Nothing is as it seems in the world of money,’ Sumner concludes, and worse so as of late. In his grand attempt at rectifying the many blunders in understanding the Great Recession, there’s something for everyone to learn.” ~ Joakim Book

    The Money Illusion: A Review
  • The Only Question That Matters: Is It Correct?

    “We fool ourselves that our arguments follow ethnic, sex, or demographic lines in what amounts to a wholly unscientific collapse into untethered subjectivity. By concerning ourselves with financial or structural bias, we chip away at the idea of objective reality.” ~ Joakim Book

    The Only Question That Matters: Is It Correct?
  • On Price and Output Volatility: How Bad is Bitcoin’s Flaw?

    “The working arrangements of a new generation of freelancing nomads are keen on and capable of handling the discrepancies between many currencies’ relative purchasing power, crypto or old-school.” ~ Joakim Book

    On Price and Output Volatility: How Bad is Bitcoin’s Flaw?
  • Stablecoin Regulation

    “All the risks that accompany the danger of overregulation like rent-seeking and regulatory capture is magnified in the event of regulatory failure.” ~ Donovan Choy & Joakim Book

    Stablecoin Regulation
  • The Long Cycles in Markets and Political Order

    “I found Dalio’s thesis much more persuasive than I had anticipated: some historical patterns are real, wave-like, and operate over long horizons. With skill, data, and humility, we can uncover the likely prospects for our own times.” ~ Joakim Book

    The Long Cycles in Markets and Political Order
  • The Stories from a Decentralized Short Squeeze

    “Millions were made, billions lost, revenge realized and dreams shattered. The GameStop saga is both disturbing for what it reveals about a society’s divides and the market structure that made it possible.” ~ Joakim Book

    The Stories from a Decentralized Short Squeeze
  • The Terrible Baby Boomers

    “If you want a careful, well-researched, and nuanced description of today’s generational conflicts, look beyond Andrews. If, on the other hand, you are looking for something entertaining, give Andrews a look.” ~ Joakim Book

    The Terrible Baby Boomers
  • A Clear and Nuanced View on Generational Conflict

    “Duffy is the first to admit that there are differences between the generations, but upon closer scrutiny many of them fall apart. Many stereotypes of our generations require both nuance and honest qualifications.” ~ Joakim Book

    A Clear and Nuanced View on Generational Conflict
  • A Tale of Two Pizzas: Are Property Values Really Yours to Keep?

    “You may own a monetary asset, but you’re not entitled to determine its exchange rate against other goods and services. Just because you own something, that doesn’t mean you own the prerogative of setting its price. That goes for homes too.” ~ Joakim Book

    A Tale of Two Pizzas: Are Property Values Really Yours to Keep?
  • The Route of (Least) Resistance

    “Refuse to let political issues invade the areas of our lives that we cherish; politics and political disagreements don’t belong there, and our lives are too important to let them be ruled by (mostly contrived) political disagreements.” ~ Joakim Book

    The Route of (Least) Resistance