A show about a charismatic chef? Who would watch that? Those are two questions formerly asked by studio executives far more than most will ever realize. Evidence supporting the above claim can be found in how often often the highest of high-end chefs refer to themselves as “cooks.” Let’s just say that the self-deprecation […]
Hulu’s “The Bear” Points To a Brilliant Work Future Read More »
West Virginia must be rich, right? All that federal money that flows there year after year. Hopefully readers see the obvious flaw, or contradiction. Government spending saps economic growth, by its very description. Precisely because it signals the central planning of market goods, services and labor by politicians, it’s economically harmful. Only an economist
John Maynard Keynes Resides Inside Right-of-Center SALT Critics Read More »
If Zohran Mamdani could “ruin” New York City, then it wouldn’t be worth saving. And New York City doesn’t require saving, except to the willfully blind. What you’re about to read isn’t a defense of Mamdani, or his government grocery store policies, wage floors, and soak-the-rich socialism. Not at all. At the same time
Finding Abundant Optimism In the Zohran Mamdani Mistake Read More »
“You can spin your political base, but you cannot spin the economy or the bond market. Those two are unforgiving – and eventually voters might be too.” Those are the words of Manhattan Institute scholar Jessica Riedl in a recent Washington Post opinion piece. Riedl was critiquing Republican spin related to their tax bill. As she has
While Correctly Decrying ‘Big Beautiful’ Spin, Deficit Hawks Should Look In the Mirror Read More »
Credit is produced. Repeat the previous truth over and over again. And then internalize the obvious, that we borrow money for what it can exchanged for. That we borrow dollars to get things ridicules the popular notion within the various economic religions that an “easy” Fed is an inflationary Fed. No, that’s not how
If Fed Cuts Fuel Inflation, Then Powell Has Nothing To Fear Read More »
Immigration to the U.S. is by its name a wage positive. It’s tautological. Higher wages are what instigate immigration, so to pretend as some do that the arrival of immigrants pushes down wages implies that the purest of market signal of all (the migration of humans) is a stupid one. No, not likely. More
Love or Hate Immigrants, They Do Not Drive Down Wages Read More »
“You know, people think that because I’m Mike Nichols, I don’t need praise. I need a lot. Nobody gets that.” The previous quote comes from Mark Harris’s excellent 2020 biography (review here) of – you guessed it – Mike Nichols. To read about the polymath was to marvel at how much he was venerated by
Book Review: Ian Leslie’s “John & Paul: A Love Story In Songs” Read More »
Orforglipron is an oral drug from Eli Lilly that’s in trial stage. The New York Times reports that in a trial of over 500 patients, those “who took the highest dose lost an average of around 16 pounds after nine months.” The Times added that roughly “two-thirds of people who took the drug also saw their blood sugar
We Haven’t Scratched the Surface of Weight-Loss Drug Advances Read More »
Let’s start with the obvious, now and in the future Social Security payments aren’t remotely imperiled. It’s said here over and over again, but rates saying once again, that the surest sign that present and future Social Security payments (including COLA increases) are safe and sound is the certain lack of a “lockbox” or
Social Security’s Faux ‘Insolvency’ Is a Limited Government Feature Read More »
“Balanced budgets” have nothing to do with limited government. Neither does a budget surplus. As with most notions crafted by economists and the budgetary scolds they’ve long enabled, the notion of balanced budgets as inhibitors of big government is a massive fraud. Yet the idea persists. See a recent Wall Street Journal news account about how we
“Balanced Budgets”: One of the Most Fraudulent Notions In Economics Read More »
