Speaking recently at a reception after Nvidia’s Global Technology Conference in Washington, DC, Jensen Huang energetically made a case for economic interconnectedness with China. U.S. universities…
Soaring government debt is in the U.S.’s future, and at borrowing costs that will continue to decline. See the excellent Holman Jenkins at the Wall Street Journal if you’re doubtful. Arguably the…
To buy gold is to withdraw resources from the wealth and information creating private sector. That’s because consumption is in most instances a confirmation of knowns, of the exchange of resource…
Since wireless telephony was only in its infancy by the 1980s, and since broad internet usage was realistically decades away, nearly all work took place at a physical location. “Chained to the desk”…
The Merval, Argentina’s benchmark equity index, soared 22 percent the day after the recent vote. Markets had been pricing in big electoral gains for the Peronist parties, only for Javier Milei’s…
With Amazon, it was never about the books. No doubt Amazon began as an online bookseller, but what made its stock attractive through years of losses is what books represented. If Amazon could…
Remember Mr. Potter from It’s a Wonderful Life ? I love that guy. In fact, I have a portrait of him hanging over the fireplace in my study. He uttered one of the great lines in…
“Rather than investing in buildings, I want to invest in the people working in the buildings.” That’s a paraphrase of investor David Bahnsen. Bahnsen’s comment comes to mind when thinking about…
In a recent Wall Street Journal opinon piece, the historically market-oriented Hoover Institution senior fellow John Cochrane argued that “Trump’s Monetary Policy Desires Aren’t Crazy.” As part of…
Karl Marx was a visionary, but his vision was not based on objective reality. Your author, the eminent and all-knowing Rob Smith—soothsaying sage and cosmic psychic—is also a…
“Chinese companies are pushing across the globe to conquer new markets, and U.S. financiers are making a mint by helping them.” That’s how the Wall Street Journal’s Rory Jones reported it in a recent…
Writing about the individuals who hold the “commanding heights of news” earlier this week at the Wall Street Journal, the excellent Gerard Baker described them as having a “philosophical outlook”…
Rubber was oil before oil. As Edmund Morris wrote in his biography of Thomas Edison, in the early parts of the 20th century rubber was arguably the most coveted industrial input in the world. In…
As reported in The Deficit Delusion, Sam Altman and other Silicon Valley giants are in the midst of a bet. It concerns not if, but when the first one-man “unicorn” will reveal itself. Altman and…
Elon Musk is brilliant, but he also has fortunate timing. That’s because leaving technological advances aside, his electric vehicle vision likely wouldn’t have taken flight in the 1980s and 1990s.…
“Those of us who call ourselves Republicans have a choice to make: We can choose to stand for our historic principles, or we can continue on the road to angry populism.” Those are the words of former…
“You deserve happiness.” How many times have readers heard the latter? It’s accepted wisdom, but also nonsensical. Happiness is hard. The founding fathers knew this. They decreed a right to pursue…
“Having to get up and read in class when I couldn’t make sense of the words felt like a fate worse than death.” That’s how the late Ozzy Osbourne described life at school while growing up in…
Somewhere along the way Republicans forgot that when governments take in dollars, they’re not staring lovingly at them. Each dollar represents access to resources for politicians who will direct…
It’s not infrequently said that Adam Smith “invented” capitalism with his publication The Wealth of Nations, but the real truth (one stressed by Matthew Hennessey in Visible Hand) is that Smith…
Total federal debt was $620 billion in 1976. Why 1976? In a recent column, Holman Jenkins referenced Jimmy Carter’s contention in a 1976 debate that “The best way to control inflation is to cut down…
The warning from Sen. James E. Risch (R-Idaho) was blunt: “China’s control of TikTok poses one of the greatest threats to Americans’ health, privacy, and safety. Our kids and grandkids are…
Those of you from outside the Old Dominion have certainly read about the shocking statements and belief systems emanating from Abigail Spanberger, running for governor and her running mate…
To purchase gold isn’t much different from hiding money in the proverbial coffee can. Yes, rising gold signals a little or a lot of economic decline. The yellow metal’s upward trajectory in dollars…
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