Dear American Realtors, American Travel Agents Are Thriving
“Travel advisers play a more critical role at the top end of the market.” Those are the words of Cornell professor of services management Christopher K. Anderson to the Wall Street Journal.
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Essays
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
1305 essays · Newest first
'National Debt Disaster' Is the Most Priced Narrative In Markets
If you want to clear a room at a cocktail party don’t talk about monetary policy, talk the national debt. That’s because everyone in the room has almost certainly heard and read what you’re saying…
The Profit Motive Is Vivifying Karl Marx's Beautiful Vision
The profit motive produces its own “gravediggers.” That’s what Karl Marx and Friedrich Engels argued in The Communist Manifesto.
Whatever You Do, Don't Outsource Your Judgement to Others
Fancy cars don’t impress me. Neither do fancy lawyer offices, oriental rugs everywhere, and oil paintings of the founding partners (Mr. Fleecum, Mr. Cheatam and Mr. Steel). When I was…
"Honoring" Lindsey Graham With Tax Hikes Is Abjectly Foolish
The power “team picture” routinely changes in Washington. This historical truth doesn’t seem to be landing with Republicans in Congress, or their media allies.
Banning Open-Weight AI Models Could Cost America the AI Race
America will win the race to superintelligence unless we defeat ourselves. Unfortunately, there is a scenario where that happens — and as a policy matter, it’s already under…
Retirement Is Better Than Ever As Retirees Work Longer Than Ever
U.S. retirees plan to work until they die. Which is a very happy story about the evolution of retirement. The previous truths are seemingly lost on policy writer John Mac Ghlionn.
Governments Don't Spare Us "Chernobyl Moments," They Create Them
The DOJ was investigating Google and Chrome for monopolistic practices right as Open AI released ChatGPT in 2022. Get it?
Balanced Budget Hagiography Plays Into the Hands of Big Government
Ed Crane, the late co-founder of the Cato Institute, was not a fan of “across the board spending cuts.” And that’s not because Crane favored big government. Crane very much disdained the notion…
There’s Quite Simply No Such Thing As ‘Monetary Accommodation’
In a more just world, Milton Friedman’s monetarism would be described as a monetary variation of Keynesianism… Continue reading on Forbes.
Tariff Legislation Honoring Lindsey Graham Is Abjectly Irresponsible
The Graham legislation doesn’t just vandalize economics, it’s incredibly damaging in an economic sense… Continue reading on Forbes.
To Deport Immigrants to Congo and South Sudan Is To Kill Them
“Please, Mr. Tim. I have a huge favour to ask. My son, my four-year-old, has no future here…Please will you take him with you to South Africa and give him a new life.” That was Oggi, a Congolese…
If Michael Burry Spotted the So-Called Housing “Bubble,” Then We All Did
My parents’ Christmas-tree decorator predicted the so-called “housing bubble.” Or so some might think. While he moonlighted as a tree and lighting expert at Christmas each year, his day job was as a…
Book Review: Rick Atkinson's Spectacular "The Fate of the Day"
I was just a young pup—cocky and ambitious. I had graduated from law school, passed the bar, and thought I was bulletproof. So I jumped headfirst into the real estate development…
Heavy Energy Consumption Is the Greatest Feature of Data Centers
In speeches, Nvidia CEO Jensen Huang tells rapt audiences that Artificial Intelligence (AI) is “work.” Yes, precisely. Jensen’s pithy explanation of what AI truly is speaks to the towering potential…
The Coronavirus Was a Political Tragedy, Not a Medical Trauma
Peggy Noonan remains unwilling to acknowledge the truth about the political tragedy that was the coronavirus. See her recent commentary about Anthony Fauci. While critical of him, she described him…
Paying Down the National Debt Will Not Shrink the National Debt
The parsimonious in Washington won’t always remain in power. Which is a weak attempt at humor, or irony. Still, let’s assume for fun not just major spending cuts by a few thrifty politicians, but…
Kevin Warsh And Christopher Waller Are Incorrect For Different Reasons
What Waller should have said is that central plans don’t become wiser the more experts you add to the team of central planners… Continue reading on Forbes.
The Sheer Wonder and Meaning Found In a Tesla Ride
Last Saturday, I strolled over to the St. Stephen's Farmers Market. I never buy anything. I eat all my meals out, but it's usually a good venue to walk around and spot nice-looking, nubile…
How AI Will Create Youthful Passion for Capitalism
AI will do more to elevate capitalism in the eyes of the young than any other advance. See Elon Musk to understand why. It turns out his teachers in South Africa thought he was touched. What to take…
Mark Zuckerberg Articulates the Brilliant AI Future Ahead
Everyone sucks at something. In a baseball sense, that’s why “five tool” players are paid so well. They can not only hit for average, but they can also hit for power, run the bases with great speed,…
Anthony Fauci Is Loathsome, But His Diaries Should Be Private
Have you ever thought you did something special? Have you felt the opposite? Have you ever expressed petty jealousies, vanities, insecurities, or simply embarrassing thoughts in the quiet of your…
Beware the Experts Who Tie Prosperity to Consumption
There’s no need to focus on consumption. It’s pointless simply because our wants are unlimited. The unlimited nature of our wants raises an obvious question about why some can consume more than…
There’s Nothing “Optimistic” About San Francisco Balancing Its Budget
It’s accepted wisdom in San Francisco that the path to successfully purchasing an apartment is an opening bid of 50% over asking price. It’s worth remembering as the right-leaning California Post…