Americans Are at Home Everywhere In the World
If you’re a U.S. citizen, you’re at home anywhere in the world. No other nationality can claim this.
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Essays
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
1341 essays · Newest first
About France's National Debt, There's No There There
There’s no there there to the French national debt story. Basic market signals confirm as much.
The Problem Isn’t With Wells Fargo, It’s With Modern White Houses
Sometimes doing what’s “best” for shareholders is very sadly doing what the existing White House most desires. Banks aren't the problem, but Washington is.
By Doing and Thinking For Us, AI Will Render Us Smarter Than Ever
Artificial Intelligence (AI) is poised to drive a human knowledge explosion. The latter speaks to the genius of machines that do and think for us. But we’re getting ahead of ourselves.
The Courts Crucially Recognize That Prediction Markets Are Not Casinos
Gambling suffocates knowledge, while prediction markets reward knowledge on the path to the creation of abundant information that is wealth personified.
Data Center Proliferation Foretells Rapidly Falling Electricity Prices
Data centers will eventually drive down electricity prices, perhaps to zero. If not, close to zero.
Without The Chinese, The U.S. Can’t Win The AI Race With China
AI, like any other technological endeavor, is people driven.
Congress Isn't Drunk, and It Hasn't Yet Begun To Drink
Congress is acting rationally, and in sober fashion. As the wealth pie grows so does federal tax revenue, along with the ability of Treasury to borrow in growing amounts for a Congress that is still…
Who Needs Central Planning When We Have Conservatives?
Milton Friedman's monetarism is Keynesianism’s something-for-nothing variant.
Parents Know Good Schools, and What Makes Them Good
"The next task for education reform isn't merely helping parents identify good schools but understanding what makes schools good." That's Robert Pondiscio of the American Enterprise Institute, in a…
Prediction Markets: An Aggregation Of Knowledge That Casinos Suffocate
Let's not confuse the production of knowledge with its suffocation. The former is prediction markets, the latter is gambling.
We Don't Need More Rep. Pelosi's, We Need More Nancy Pelosi's
Without insider trading, the stock markets are blinded. Which means we need more insider trading.
Social Security Is Protection From An Activist Congress
Social Security’s rising costs restrain the growth of the federal government. Yes, you read that right.
The Tyrannical Global Implications Of Suncor V. Boulder
The danger of the very few arrogating to themselves power over the many.
How Come Peggy Noonan Never Feared the Play Station 2?
The Play Station 2's arrival in the U.S. apparently never kept Peggy Noonan up at night. At least not publicly.
Prediction Markets Are Crucial Knowledge-Givers To Small Business
Knowledge is wealth. Prediction markets enable the voluminous creation of knowledge.
A Rising National Debt Bodes Well For Stocks and Bonds
Soaring government debt bodes well for your investment returns. This is true for both stocks and bonds.
Opposite Stanley Druckenmiller, 10-Year Treasury Note Isn’t Important
Argentina doesn’t need to dollarize, but it very much needs a stable dollar. There’s a difference. But we’re getting ahead of ourselves.
The Rapidly Approaching Disappearance of "Blue Collar" Jobs
“These days, people become cooks instead of becoming lawyers or doctors.” That’s Wolfgang Puck, from a 2016 interview with the Wall Street Journal’s Alexandra Wolfe. In Wolfe’s words from the same…
No One Bets The Money Of Others As Carefully As They Do Their Own
Prediction markets are the opposite of gambling exactly because the participating individuals are bringing their own knowledge and money to the prediction.
A Dollar Is Not a Dollar: A Plea To Make Dollar Policy Great Again
Le Diplomate is one of the toughest tables in Washington, DC. When it opened in 2013 its wildly popular Burger Americain (with French fries) set diners back $14, according to the Washington Post.…
The AI Race Isn’t The U.S. Vs. China, It’s A War For Human Capital
How unfortunate if the U.S. loses the AI race not because it’s not competitive, but because politics needlessly got in the way.
Non-Profit Taxation Would Amount to Quadruple Taxation of the Rich
Without the rich, non-profit organizations would be relatively scarce. The previous statement isn’t ideological as much as it’s merely a statement of the obvious that whether the arts, ideas, health,…
The New York Times Editorial Board Shrinks the New York Times
Nvidia’s share price is up 1,681% since October of 2020. The timing is notable because it was also in October of 2020 that the Department of Justice filed a lawsuit against Google based on its…