The Well Overdone Conceit of ‘Rare Earth’ Alarmists
There’s nothing to all the handwringing about China and “rare earths” despite what economically confused media members and politicians believe.
Do Conservatives Support Taxpayers, or Do They Support Taxpayers?
That the rich account for the vast majority of federal revenues is a logical and empirical reality. It’s a sad reality too, and it’s one that is felt most by those not rich.
As Regulators Attack Banks, ‘Systemic Risk’ Finds a New Address
For the Fed to require banks to expand their capital cushions in the aftermath of SVB is the equivalent of Andy Reid telling Patrick Mahomes to take laps since Jets quarterback Zach Wilson threw an interception on Sunday.
There’s Only One Fix for Inflation: It Has Nothing to Do With the Fed
If the goal is to end inflation, there’s a simple answer. It has nothing to do with the Fed. And never has.
The ‘Fraud’ Charges Against Trump Bring New Meaning to Bogus
Love or hate Donald Trump, the fraud charges against him are hard to take seriously. The very notion that he could trick banks in better lending terms by faking the valuation of his assets is too silly for words.
Seeking to Land Punches on Amazon, the FTC Is Punching Itself
Walmart can offer ‘Everyday Low Prices’ because it makes up in bulk sales for lower prices charged per unit. This is worth remembering with the FTC’s mindless attacks on Amazon.
The Looming, and Intensely Profound Impact of AI on Retirement
The surest sign of a booming economy is falling prices, and the marriage of man with thinking/doing machines is set to bring on the cheapest of “Cheap Revolutions.” Retirees will live grandly, and at prices that continue to decline.
There’s No Growth-Inflation Link, and There Never Has Been
GDP growth and rates of unemployment would never be the reason to question the Phillips Curve. Simple logic indicates that there’s no link between growth and inflation, and there never has been.
The GOP Could Have Dismissed 4.9% GDP Growth, But Instead Owns It
Few things are more fundamental to economic understanding than the basic truth that government has no resources.
Banks Deserve – and Need – Much Better Than Their Media Coverage
Sternberg fears “alchemy” blowing up in the faces of bank executives, but the more realistic truth is that there’s not enough.