Money in no way alters reality. This truth seemingly eludes Harvard economist Jason Furman. Consider his assertion in the New York Times that the dollar at “multiyear lows” ultimately “could be good…
Government spending is excessively harmful precisely because it’s the central planning of precious goods, services and labor by the federal government. Conservatives and libertarians at one time…
Why wasn’t Joe Biden afforded the same, market-based dollar analysis by the Journal’s editorial page when he was President? Continue reading on Forbes.
There was nothing “financial” about the so-called “2008 financial crisis.” Markets quite simply ARE. They’re neither left nor right, nor are they biased toward one Party or another. They just tell…
When did Republicans quit on supply side and go John Maynard Keynes on us? What can’t be said enough is that supply-side economics isn’t about fiddling with the tax rate to increase tax revenues by…
Elon Musk predicts that with the proliferation of AI, including his Optimus robots, the people of tomorrow will not have to work if they choose not to. Thanks to the automation of so much of what was…
Stupid is as stupid does. I’ve never given much thought to Forrest Gump’s mother’s astute observation. These riots in Minneapolis bring great clarity, along with the…
Those who reduce the talks at the World Economic Forum (Davos) to bloviations evidently haven’t witnessed the last two speeches by Argentina president Javier Milei, or for that matter the commentary…
Experts too easily forget that “government spending” is a benign way of describing central planning of precious resources. Which means it fails repeatedly. Rich as the U.S. presently is, we’re a…
The snowstorm has rendered driving in DC nearly impossible. But looking at the Senate calendar, maybe that’s a good thing. If Wednesday’s hearing on concert ticket prices gets cancelled, it would…
A stable dollar would lift the global economy like nothing else, and would give the Trump presidency infinitely more prestige than a Nobel Peace Prize ever could… Continue reading on Forbes.
There were “lines for everything” in the former Soviet Union. That’s what Hedrick Smith conveyed to rapt readers in his 1976 book, The Russians. As frustrated Americans endured long waits for…
Elon Musk and Jeff Bezos can’t realistically spend all the wealth they’ve created. That’s why both epitomize progress. It’s not just that they’ve transformed how we live, it’s that their inability to…
Australia’s young people are way too smart for Australia’s politicians. See the recent implementation of Australia’s “Social Media Minimum Age Act.” The Aussie law is meant to protect youths from the…
“The U.S. must build, baby.” The latter is the subhead to a recent opinion piece published at the right-of-center Manhattan Institute. Supposedly the easy answer to housing affordability is “build…
The worst thing for a country’s economy is for legislators to borrow money for deficit spending during economic downturns. Too bad no one agrees, including those perhaps pre-disposed to agree. For…
The U.S. oil sector had its worst stretch under Ronald Reagan. So substantially did prices fall during his presidency that even his Vice President (George H.W. Bush) made the rather puzzling…
Why did Kant, Hegel, Kierkegaard, and all the great philosophers know so little about the real world? Ever heard of Eddie Levert, Sammy Strain, Frank Little, Jr., and Walter Williams? The…
Forgotten by PhD types eager to elevate their economic intelligence by denigrating Trump’s is that frequently they reveal their own limitations while explaining Trump’s… Continue reading on Forbes.
“You don’t want to send your son there because he’ll become a communist, he’ll become a drug addict.” That’s the modern consensus about elite colleges and universities, so why pay for modern…
Cable television visionary John Malone could have owned a substantial portion of AOL before it was AOL. Where it perhaps becomes more ironic is that it was Malone’s TCI that was laying the cable…
There are already flying taxis in China. There’s drone delivery of meals too. About the leaps taking place in China, some will say we need to catch up. Others will say that in addition to catching…
One of Joe Biden’s biggest fibs received the least amount of attention. Back when he was president, and amid notably high gasoline prices, Biden talked of how when he was young, the price at the pump…
Leave Nancy Pelosi alone. Or at the very least, leave Pelosi alone to trade stocks. To muzzle her apparent skill when it comes to picking stocks is to blind the rest of us to crucial information. No…
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