Everyone’s got an answer for why Treasury yields have jumped recently. Yet no one knows why. Crucially, they don’t know why precisely because they think they have an answer for the movements of the…
The more that kids can cheat thanks to AI advances, the better education will become. Yes, you read that right. No need to read it again. AI-enabled cheating on homework, term papers and tests will…
House Bill 186, also known as the “Act relating to prohibiting use of social media platforms by children,” is a deeply flawed piece of legislation that deserves strong opposition. While its intent to…
In Men at Work, George Will observed that “The history of baseball is littered with stories of failures by players who thought that their natural physical endowments would be sufficient.” The…
People in Texas pay taxes too. So do workers in Florida, Tennessee and other states that don’t impose an income tax. This has seemingly been forgotten in the ongoing debate about state and local…
Meta used to be Facebook. Why state the obvious? The answer is that what’s obvious very much calls into question the FTC’s antitrust case against Meta, the corporation formerly known as Facebook. Ok,…
The following was sent to Nevada Senate Majority Leader Nicole Cannizzaro. Dear Senator Cannizzaro, I am writing to express my opposition to Senate Bill 63, also known as the Nevada Youth Online…
Karl Marx was born in 1818, but Marxism—in spirit—has been around far longer. “Smith, you fool,” you might say, “how can that be?” Because Marxism is…
Famed media personality Anthony Bourdain once observed, “In my 15 years of traveling around the world, I’ve missed three days due to stomach problems.” He further noted that it was members of his…
“Rising yields on the back of the U.S. credit downgrade is indicative of what will occur if Washington does not curb its appetite for unsustainable spending and low taxes.” Those are the words of…
Low and falling birthrates are not an economic threat. Not remotely. The latter is not a Malthusian or Paul Ehrlich-ian statement as much as it’s a statement about production. The babies being born…
In 1998, fast-food giant McDonald’s invested in a small Colorado burrito chain with just sixteen restaurants: Chipotle. Under McDonald’s leadership over the next seven years — and with an investment…
If you are like me, you have friends with whom you love to talk about books. Each gets excited about something he recently read and wants to share this experience with you. Often, you know…
Inflation is not rising prices. Deflation is not falling prices. The more production expands across a rising number of hands and machines, the lower the price. And vice versa. The Apple iPhone is an…
Immigrants are almost monolithically poor, but they have the mindset of a rich person. That’s why they’re immigrants. They want better, and will do what it takes to get better. What’s written above…
It’s so easy to forget that Congress taxes us not so that it can stare at our money, but to spend it. Which means every dollar Congress extracts in taxes is an extra dollar of control politicians…
“We wouldn’t be where we are without Mike.” The Mike referenced was the one and only Michael Milken, but what was said about Milken could have realistically been said by countless people. Such was…
The following was sent to Minnesota House Speaker Lisa Demuth: Dear Speaker Demuth, I am writing to express my strong opposition to Article 13. Sec. 8. [325M.335] of HF 2435, which mandates mental…
Reps. Nick LaLota, Andrew Garbarino, Elise Stefanik, and Michael Lawler, four House Republicans, are holding up the extension of the 2017 Tax Cuts and Jobs Act (TCJA). Good for them. To understand…
“What will you say about Trump and his tariffs if he gets high-tariff countries to zero?” Trump supporters have asked the previous question endless times since “Liberation Day” and surely before. The…
Presidents get the dollar they want, and George W. Bush wanted a weaker one. Bush’s departure from the Reagan/Clinton era of a largely strong, stable dollar as a measure of constant objective value…
“Acouple employees left for the rest of the day. They were pretty rattled.” Those were the words of multi-restaurant owner and Georgetown Events Hospitality Group president Bo Blair, in a Washington…
From the minute the money is spent, government spending slows economic growth. That’s because central planning of resources is central planning of resources. That government spending is an…
“You better let me take this. They’d never believe it coming from you.” That’s legendary New York Times editor R.W. Apple at the end of a particularly expensive dinner with Times colleague Joseph…
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