Cable television visionary John Malone could have owned a substantial portion of AOL before it was AOL. Where it perhaps becomes more ironic is that it was Malone’s TCI that was laying the cable throughout the U.S. in the 1970s that set the stage for broad internet access decades later. Said another way, over twenty years […]
Data Center Potential Will Reveal Itself Unexpectedly Over Many Decades Read More »
There are already flying taxis in China. There’s drone delivery of meals too. About the leaps taking place in China, some will say we need to catch up. Others will say that in addition to catching up, we need to keep advances hatched in China out of the U.S. They would be incorrect, twice.
If We Don’t Want the Chinese To ‘Lap’ Us, Let Them Sell To Us Read More »
One of Joe Biden’s biggest fibs received the least amount of attention. Back when he was president, and amid notably high gasoline prices, Biden talked of how when he was young, the price at the pump affected what the Biden family could have for dinner. It was great politics, but for one problem: what
Mitigating the Energy Uncertainty That Saps Our Economic Health Read More »
Leave Nancy Pelosi alone. Or at the very least, leave Pelosi alone to trade stocks. To muzzle her apparent skill when it comes to picking stocks is to blind the rest of us to crucial information. No doubt a few heads have already exploded. Doesn’t this guy know that Pelosi isn’t really an investor?
We Need More Stock Trading by Nancy Pelosi and Colleagues, Not Less Read More »
The top 400 American taxpayers pay more in federal taxes than the bottom 70 percent of U.S. taxpayers combined. The previous truth is a friendly reply to Cliff Asness and Michael Mendelson’s recent Wall Street Journal opinion piece in which they critiqued Mitt Romney’s surely misguided call to tax rich people like him more.
Please Cliff Asness, Don’t Let Mitt Romney Off So Easily Read More »
The brilliant thinking of Ludwig von Mises (1881-1973) has been unfairly besmirched by a rather absurd “money multiplier” theory puzzlingly embraced by his more modern followers. Mises’s self-proclaimed disciples have long promoted the fiction about money somehow multiplying itself via bank lending… Continue reading on Forbes.
Berkshire’s $358 Billion Question & the Money Multiplier Myth Read More »
They thought Elon Musk was retarded. That’s what Walter Isaacson reports in his biography of Musk about the teachers at Musk’s elementary school. Musk’s response to Isaacson was “I wasn’t really going to put an effort into things I thought were meaningless.” From Musk’s reply readers can hopefully see true hope for education. Opposite
Elon Musk May Well Transform American Education Too Read More »
“While the music industry continues to get buffeted by technological change – here comes the AI wave, next.” That’s how media visionary John Malone describes the relentlessly changing circumstances of the music business in his remarkable new book, Born To Be Wired. Though Malone’s Liberty Media has prospered in the music space, including with an
Gargantuan ‘Big Tech’ Investment Discredits ‘Monopoly’ Alarmism Read More »
“We thought Grease was going to be a disaster.” That’s how Barry Diller bluntly puts it in his memoirs (Who Knew) about one of the many blockbuster films that Paramount Pictures released during his tenure as CEO. When it comes to audience tastes, it’s frequently true that no one knows. All of this is worth remembering
If Xi Jinping Is All-Powerful, Then Why Do We Fear China? Read More »
A weak dollar will sap Donald Trump’s presidency like no other policy. This is something Steve Moore, a top outside economic adviser to Trump, knows well. So does Moore’s great friend, Larry Kudlow. Back in 2008, Moore and I published a piece titled “Weak Dollars, Weak Presidencies.” It made a clear case that presidents
Steve Moore and Larry Kudlow Owe Trump Straight Talk On the Dollar Read More »
