Articles, commentary, and opinion on economics, markets, business, inflation, banking, history and more from Parkview Institute Founder John Tamny.
In his 2006 book Who Really Cares, Arthur Brooks wrote of how the late Robert Byrd’s generosity with the money of others could be found all over the state of West Virginia. There was the Robert C. Byrd Highway System, the Robert C. Byrd Bridge, the Robert C. Byrd Expressway, the Robert C. Byrd Federal […]
No, There’s No Growth In the Funding of Wars Read More »
A a non-compete clause ban would eviscerate roughly 1/5th of employment agreements in the U.S., and as evidenced by the number, it would increase the cost of hiring for some employers to the detriment of employees.
Want Unfairness On the Job? Let the FTC Blanket Ban Non-Competes Read More »
A government that is paying a billion dollars in interest per day is plainly taking in way too much tax revenue, thus its ability to run up so much debt in the first place.
To Focus On Interest Paid On the Federal Debt Is To Completely Miss the Point Read More »
Money in circulation is an exacting market phenomenon, opposite Monetarists, Neo-Austrians and Keynesians, and it is because goods, services and labor always and everywhere buy goods, services, and labor.
Opposite Monetarists, Neo-Austrians and Keynesians, Wealth Isn’t Money Read More »
What’s not acceptable is that we must all lose our freedom because parents won’t, or aren’t doing their jobs. Of course, to even suggest do-nothing parents are the problem vis-à-vis TikTok presumes that there’s a TikTok problem or “crisis” to begin with.
We Lose Freedom Because Parents Won’t Do Their Jobs Read More »
It used to be broadly understood that inflation was currency devaluation, not a politicized concept that warring ideologies could redefine on the fly. They’ve done exactly this in recent years by making inflation whatever they want it to be, including an effect of lockdowns, deficits, the impossibility that is “easy money,” and on and on.
Supply Siders Close To Trump Need To Fix His Dollar Confusion Read More »
As always, what’s the point of trying to get through the long Russian novels without writing out the alleged insights? The Brothers Karamazov was much more difficult to follow than Crime and Punishment, which means it requires another read that I probably won’t get around to.
Yet Another Attempt To Make Sense of Fyodor Dostoevsky’s ‘The Brothers Karamazov’ Read More »
As index funds rise in prominence, so grows the belief that they’ll use the size of their buying to influence companies in politicized fashion. Except if they did as the critics imagine, they wouldn’t be index funds. Furthermore, the low – and falling – costs of index funds are all the information we need to know that passive investment options aren’t suddenly being managed in active fashion.
If Index Funds Were Politically Motivated, They Wouldn’t Be Index Funds Read More »
Former budget director Mick Mulvaney is the latest, but surely not the last to say that inflation is “too much money chasing too few goods.”
No, Inflation Is Not ‘Too Much Money Chasing Too Few Goods’ Read More »
Fed watchers and economists write about and watch the Fed with breathy intensity. Can it bring prices down? No, it can’t.
What On Earth Do Fed Rate Hikes Have To Do With Lower Prices? Read More »
