There’s no such thing as “easy money” or “costless credit” contra what readers are told with great regularity by economists and their enablers in the commentariat. Evidence supporting this statement…
“Let many ideas flourish as industrial policy doesn’t work.” Those are the words of the excellent Andy Kessler in his latest Wall Street Journal opinion piece. Policymakers should embrace Kessler’s…
Sadly, it has become fashionable for politicians in both parties to demonize “big” business. Although capitalism has put supercomputers in our pockets, provided affordable chauffeurs (Uber) once only…
Modern Monetary Theory (MMT) is something only economists could have dreamed up. It’s the laughable view that governments can spend without limit so long as they’re the sole issuer of their country’s…
“We require a commitment from those countries that they will neither create a new BRICS currency, nor back any other currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and…
Fairfax (VA) and Montgomery (MD) counties are routinely at or near the top among U.S. counties on the matter of per capita income. The politically focused use the latter for political purposes. Get…
Last week, and while walking toward the Pavilions grocery store at the Montecito Country Mart, I passed by Clic. Its website describes it as “a globally acclaimed home décor and lifestyle brand.” Its…
Every so often it’s worth reminding readers what a miracle shopping is. Would-be buyers walk into businesses staffed by employees and owners who haven’t a faint clue about them, only to emerge from…
Let’s imagine that you went to college and then graduate school for the express purpose of going into the widget business. You believe in widgets. The business of America is widgets!…
Stocks are at record highs. More encouraging, if President Trump keeps the same focus on the Dow during his second term as he did his first, the record-setting closings of today should pale in…
Social Security is in the process of morphing into “universal basic income” (UBI). The previous statement isn’t an endorsement of UBI, as much as it’s a prediction about what’s going to happen. Is…
A recent story in the Wall Street Journal indicated that Manhattan Institute scholar Christopher Rufo is set to meet with President-Elect Trump’s team to discuss a plan “to geld American universities…
If Congress relied on federal printing presses to fund its spending, then by definition the spending footprint of Congress would be very small. Yes, you read that right. No need to read it again. To…
Fifty years ago, on Nov. 30, 1974, my dad took my 7-year-old sister and me to the Los Angeles Coliseum to see Notre Dame play football against the University of Southern California. My dad had been a…
“If one-half of the commodities in the market rise in exchange value, the very terms imply a fall of the other half; and reciprocally, the fall implies a rise.” – John Stuart Mill, Principles of…
Particularly after presidential elections that invariably get Democrats and Republicans way too riled up, it’s useful to bring Ed Crane into the discussion. Crane is the co-founder of the libertarian…
“We better hang up. This call is getting very expensive.” It’s something no one says anymore, but it was the norm right up to the dawn of the 21st century, and realistically beyond. Long distance…
If the question at the top of this opinion piece reads as flippant, that’s because it is. How else to respond to Columbia economics professor Glenn Hubbard than with flippancy born of mystification?…
My fellow Americans. Trade policy in a nutshell. It doesn’t get any simpler than this. Unfettered free trade is good. Tariffs are bad. Y’all can go home now. Class is dismissed.…
“Our company is thirty days from going out of business.” Every so often it’s useful to reference the previous quote. It’s real, and to this day can be found posted in the headquarters of Nvidia,…
What, within reason, is the worst sound of all to the typical human ear? One that stands out from the K-12 years is the ticking clock on CBS’s 60 Minutes. Particularly in the days of three networks…
The Department of Justice (DOJ) is presently demanding that Google sell Chrome, the world’s most popular internet browser. Oh wow, not again… Traveling back in time, as late as 2002 Microsoft’s…
Jeff Bezos’s purchase of the Washington Post in 2013 may not have been his best business acquisition, but it still arguably rates among his best acquisitions. Precisely due to Amazon’s stupendous…
Inflation is all over the news and commentary today, particularly after a presidential election that was allegedly all about it. The problem remains that few who utter the word grasp its singular…
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