Tag Archives: Growth

A Supply-Siders Investment Thesis

“If you put the federal government in charge of the Sahara Desert, in 5 years there would be a shortage of sand.” ~Milton Friedman

Last week, I had the opportunity to attend a presentation titled “Around the World in 90 Days” by Dr. Victor Canto. Dr. Canto is the founder of LaJolla Economics and earned his Ph.D. in economics from the University of Chicago. He is very much a proponent of supply-side economics and in 1983 wrote The Foundations of Supply Side Economics.
It is from this Chicago school of thought that he made his presentation.

The presentation was divided into two sections; the first half covered his macro-economic outlook while the second covered his investment thesis based on this outlook. Read more of this post

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