I apologize for my absence. It’s been a fortnight since I last visited with you, and I know such a lengthy and unplanned departure distresses you beyond measure. I truly appreciate…
“Without broader hiring reforms, proto right-wing employees will continue to control big business. Several states are trying to dictate what conservative executives should and shouldn’t instruct…
Texas should institute a state income tax. So should Florida and Tennessee, along with all U.S. states that presently don’t have an income tax. Please read on. This is decidedly NOT a call for more…
What keeps the CEOs of financial institutions awake at night? One or two errant employees out of tens of thousands can bring down the franchise. What robs financial institution heads of sleep…
“This is clearly a shift in budget accounting that will clear the path to ballooning the debt now, but will also create a precedent that will be used over and over and over again in the future.”…
The Fed can never be independent. Economists should spare readers of any further commentary calling for what can’t be. Long before the Fed existed, and just the same to this day, there were and are…
It’s so easily forgotten that people aren’t a cost. They’re an input, always and everywhere, and this truth won’t lose any validity as robots proliferate. Quite the opposite. Which is why it’s useful…
A show about a charismatic chef? Who would watch that? Those are two questions formerly asked by studio executives far more than most will ever realize. Evidence supporting the above claim can be…
Senate bill would add at least $3.3 trillion to the national debt, according to the Congressional Budget Office. That was the headline in the New York Times as the Senate debated Donald…
West Virginia must be rich, right? All that federal money that flows there year after year. Hopefully readers see the obvious flaw, or contradiction. Government spending saps economic growth, by its…
If Zohran Mamdani could “ruin” New York City, then it wouldn’t be worth saving. And New York City doesn’t require saving, except to the willfully blind. What you’re about to read isn’t a defense of…
“You can spin your political base, but you cannot spin the economy or the bond market. Those two are unforgiving – and eventually voters might be too.” Those are the words of Manhattan Institute…
Credit is produced. Repeat the previous truth over and over again. And then internalize the obvious, that we borrow money for what it can exchanged for. That we borrow dollars to get things ridicules…
Immigration to the U.S. is by its name a wage positive. It’s tautological. Higher wages are what instigate immigration, so to pretend as some do that the arrival of immigrants pushes down wages…
I recommend Big Balls to take over the presidency of the University of Virginia now that Jim Ryan has effectively been defrocked. Please don’t believe the self-serving nonsense the…
“You know, people think that because I’m Mike Nichols, I don’t need praise. I need a lot. Nobody gets that.” The previous quote comes from Mark Harris’s excellent 2020 biography (review here) of –…
Orforglipron is an oral drug from Eli Lilly that’s in trial stage. The New York Times reports that in a trial of over 500 patients, those “who took the highest dose lost an average of around 16…
Let’s start with the obvious, now and in the future Social Security payments aren’t remotely imperiled. It’s said here over and over again, but rates saying once again, that the surest sign that…
“Balanced budgets” have nothing to do with limited government. Neither does a budget surplus. As with most notions crafted by economists and the budgetary scolds they’ve long enabled, the notion of…
The C grade Fred Smith received from a Yale professor about his vision for an overnight delivery service is much less remarkable than is assumed. Naturally Smith got a C. Rest assured that most…
Supreme Leader: Fellas , no need to worry about anything. I know what I’m doing. Have I ever steered you wrong? Didn’t I manipulate the West—and that hick peanut…
The Federal Reserve did not cause the Great Depression. To pretend that it did is to believe that central planners dictate access to capital from the proverbial Commanding Heights, and that the…
Central planning fails, always and everywhere. Leo Tolstoy wasn’t the first to see this, but he provided readers with one of the best articulations of the previous truth in War and Peace. In it,…
Buc-ee’s, the creator of the world’s greatest gas/charging stations and accompanying convenience stores that are beyond football field length, doesn’t need a law to compensate its employees well.…
The Parkview Letter
Read John Tamny in your inbox
John Tamny’s latest essays on the economy and public policy, delivered by email.