Doctors are now happening upon ways to regenerate a brain compromised by stroke. Stop and think about that and perhaps read the opening sentence once again. This is quite the leap. Broken bones can…
Americans consumed just as much Arab oil during the 1973 OPEC “embargo” as they did before it. By some accounts, they consumed more. Which is a reminder that if you’re producing, you’re trading with…
People are not a burden, nor are they a job taken. See Detroit, MI. The continuous arrival of automotive jobseekers over 100 years ago didn’t shrink work options for those already there, rather they…
$37 trillion in total debt is a loud, bullish sign that the U.S. is the world’s richest country…by far. But don’t misread what you’ve just read. The total debt run up by the U.S. Treasury isn’t…
“I trust that you will never lose sight of the fact that millions of Americans are dependent on the Fed continuing to support the economy’s recovery.” Those are the words of Democratic Rep. James…
Vaccines are a miracle. Consider maladies like Polio that used to stalk young people if you’re skeptical. Just the same, the miracle of vaccination makes it hard to understand why the most ardent…
The Fed can’t increase so-called “money supply.” If what you just read weren’t true, rest assured a never independent Fed would have all manner of programs to place so-called “money supply” in the…
When you are lying on your deathbed, reflecting on how your life has been spent, you’re not going to lament that you didn’t make more money or wish you had accrued more power.…
The Marshall Plan was an abject economic failure. And that’s not just because Japan rebuilt itself after WWII without one. The more important truth is that central planning of precious resources that…
“It’s not about driving down the cost of labor.” Those are the words of Lorenzo Pautasso, general manager of RobCo’s U.S. office. Pautasso conveyed them to Farah Stockman of the New York Times. He…
What’s the bigger generational burden: small amounts of annual borrowing to pay for small governmental overages in a nation full of 20 percent taxed middle earners (governments can’t borrow…
Berkshire Hathaway has $340 billion in cash and cash equivalents. Media speculation indicates that the sidelined funds signal Warren Buffett’s belief that corporations are presently overvalued. …
Basic income guarantees won’t define the future, opposite the predictions of more than a few AI visionaries. That’s because what replaces human effort does so by powerfully raising the productive…
Quick question: would you order the bombing of an enemy country? One more quick question: would you order the bombing of an enemy country populated not just by your own family members, but also the…
The Calendar section in the Los Angeles Times used to be thick Monday through Saturday, and then near book-length on Sundays. So many ads promoting released and soon-to-be-released films, and so many…
What’s firstly puzzling about the right’s Ivy League and Ivy League-adjacent hatred, and the belief that so much of what ails us is an effect of what “they’re teaching” on campus, is that so many of…
California’s debt, currently around $1.6 trillion, is poised to soar in the coming years. Bank on it, though don’t be so simplistic as to blame the debt surge on Governor Gavin Newsom, or his…
Capital flows to where it’s treated well. Remember this amid President Trump’s endless jawboning of Jerome Powell. According to Trump, along with his various cheerleaders inside and outside the…
“Up north is where we’ve gotten the money for everything – to build houses, to take care of families, to sow in the fields. If they don’t send money, the town stops.” Those are the words of Rosa…
I think that while I am certainly a conservative/libertarian ideologue, my allegiance is to a set of ideas and not a political party. There are several Democrats (adverse to my political…
Harvard professor Jason Furman says E.J. Antoni “is completely unqualified to be BLS Commissioner.” Furman’s view is the consensus, though the latter is frequently wanting. Think how serious…
Cato Institute co-founder Ed Crane long advised staffers to read the New York Times, including me. Many would give him quizzical looks owing to the newspaper’s left lean, but that was part of his…
Donald Trump did it. Did what? He panicked in 2020 over the coronavirus, and downtown D.C. has yet to recover. More than a few Trump-loving locals (yes, there are more than a few) know this to be…
It’s August 19, 2025. On August 19, 2035, yields on U.S. Treasuries from the shortest to longest maturities will be lower relative to today. I’ll gladly welcome $1,000 bets in a shameless attempt to…
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