Articles, commentary, and opinion on economics, markets, business, inflation, banking, history and more from Parkview Institute Founder John Tamny.
How soon we forget that cryptocurrencies were given life by the instability of fiat currencies… Continue reading on Forbes.
Sorry, There’s Nothing Stable About Bitcoins OR Stablecoins Read More »
“If you’re ignorant, books won’t laugh at you.” Those are the words of Marilyn Monroe (1926-1962), and hopefully a spur to more humble approaches when it comes to “saving” education. Education won’t be fixed in Washington, state legislatures, in school districts, or in think tanks. To suggest otherwise is to presume that activism,
Marilyn Monroe Reminds Us Learnedness Is a Choice, Not a Policy Read More »
Donald Trump “took out over 85 percent of Iran’s defense industrial base; sank its navy; grounded its air force; damaged its centrifuges; and decimated its ballistic missile capabilities, conventional military forces and infrastructure of repression.” That’s AEI’s Marc Thiessen in the Washington Post. He was laying out some of the “13,000 differences” between what Barack Obama
Credit Is Due Trump for Exiting His Monumental Blunder Read More »
Peggy Noonan is asking if we can “Survive” the AI revolution? Her skepticism about Silicon Valley has her predicting that a tendency to isolate will grow with AI, that “It will pull people away from each other, and into friendship with and dependence on itself.” Noonan’s prediction raises a seemingly unrelated question. Why are
It’s Not Fair To Peggy Noonan’s People To Slow AI’s Arrival Read More »
Taylor Swift’s Eras Tour was a smashing success, but it in no way sparked domestic or global economic growth. Quite the opposite most likely. More on the Swift tour in a bit. For now, it’s useful to point out an obvious truth lost on the Keynesian economic religion: No act of saving ever subtracts
Taylor Swift’s Eras Didn’t Boost Growth. World Cup Won’t Either Read More »
When economists and pundits write with performative alarm about the urgency of shrinking the national debt, and subsequently search for ways to raise more tax revenue to shrink it, they write as though the past 45 years didn’t happen. Which means they’re blindly pursuing non sequitur. Same with those who think spending cuts will
National Debt Hawks Write Like 1981-Present Didn’t Happen Read More »
A willingness to accept the “Maestro” bouquets errantly thrown his way ultimately became his burden… Continue reading on Forbes.
Neither a Genius Nor a Villain, Greenspan Was Simply Human Read More »
Patting a Fed Chair on the head for knowing what’s obvious… Continue reading on Forbes.
Kevin Warsh, The Fed, & the Soft Bigotry Of Low Expectations Read More »
“Sorority consultant” is a profession, and a well-paid one at that. With achieving the “right” bid increasingly a must thing for a growing number of females born to parents with somewhat limitless (or not) means, the quantity and pay of sorority consultants is on the upswing. The profession you just read about recalls the
An Optimistic Case for the Popularity of “Death of a Salesman” Read More »
“If you could fog a mirror, you could get into the University of Florida.” That’s how a longtime Floridian described the admissions’ process of old. How things have changed. As a recent Wall Street Journal article indicated, competition to get into Florida’s flagship state university is so fierce today that students have been reduced to taking online
