Articles, commentary, and opinion on economics, markets, business, inflation, banking, history and more from Parkview Institute Founder John Tamny.
Fewer dollars will stretch much further in the future at the same time that the interaction of old people with retirement will change profoundly. More and more will choose work. This truth can similarly be found in nominally low savings for the future.
A Lack of Savings Is the Surest Sign There’s No Retirement Crisis Read More »
Bernanke’s belief that the Fed’s efforts to foster fake Treasury yields, fake equity and corporate bond prices, more housing consumption, and a weaker dollar are remarkable not just for how much his alleged cures are/were at odds with growth, but because the vast majority of his fellow economists think him wise.
Every So Often Ben Bernanke Reminds Us Why Economists Are So Dangerous Read More »
I like the stories about how media used to be. Calvin Trillin has been at it since the 1950s, which means his book, ‘The Lede’, is full of old columns by him remembering the massive expense accounts of old, the characters who spent the money, along with great stories about the people writing the stories. This was a really fun read.
Book Review: Calvin Trillin’s Thoroughly Great ‘The Lede’ Read More »
Mark Helprin tells Barton Swaim that Russia, China and Iran are making enormous strides in South America, “’and we can’t allow them to do that. If South America goes, we’re done.’” Really? How?
Mark Helprin Is the Embodiment of MMT, Foreign Policy Edition Read More »
What the CFPB plainly misses is that a lack of information is costly, and it is to borrower and lender, credit card holder and issuer, and certainly for renter and landlord alike.
Information Is Wealth, a Lack of Information Is Very Costly Read More »
It’s a waste of words to say that every business must make money in order to remain in business. Banks are no different.
When Retailers Attack Banks, They’re Attacking Themselves Read More »
The problem for white collar workers and “intelligentsia” is not AI, but that its genius isn’t being felt fast enough.
If AI Is Coming for Intelligentsia, the Intelligentsia Should Cheer Read More »
To say that many prices were higher in the aftermath of a Key Bridge-equivalent collapse on a global scale in 2020 insults statement of the obvious. Of course prices were and are higher, and of course they will be as producers around the world feverishly work to fix what panicky politicians broke. Just please don’t call this inflation.
Write It Down: Historians Will Conclude 2021-Present Was Not Inflation Read More »
There’s always lots of disagreement about immigration, and much less about migration. Many would agree that at least historically, New York was the final test for ambitious Americans.
If I Can Make It In the United States, I Can Make It Anywhere Read More »
What these substantial investments signal is that while their critics view Meta, Google and Microsoft as monopolies, they plainly don’t feel that way.
Google, Meta and Microsoft Apparently Didn’t Get the ‘Monopoly’ Memo Read More »
