Articles

Articles, commentary, and opinion on economics, markets, business, inflation, banking, history and more from Parkview Institute Founder John Tamny.

There’s No ‘Junk’ In Credit Card Swipe Fees, Just Essential Service

Credit/debit card issuers quite literally finance the purchases of customers, they enhance the ability of customers to make purchases by not limiting them to what’s in their pockets, and most of all they free retailers from a myriad of burdens including judging the cash or creditworthiness of buyers.

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forbes

Nvidia’s Unlikely Ascent Is An Enemy of Stalked-by-Fallacy ‘Economics’

Economists near monolithically believe the Fed can decree “easy money” via its funds rate, that government spending grows the economy, and that by pushing its funds rate low, the Fed can engineer stock market rallies. Thankfully we have companies like Nvidia.

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DOJ Ankle Biters Attack Live Nation For Seeing What No One Saw

To read about the DOJ’s antitrust suit against Live Nation isn’t to find offense, but to realize that Live Nation saw a future amid a fraught time for the industry that its competitors did not. And for not wanting to hire the losers, it’s threatened with breakup. In other words, typical antitrust.

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