Back in the 1980s and 1990s, and likely before that, the University of Southern California (USC) had the reputation of a “safety school.” The biggest challenge to what some referred to as the…
In a recent article published in the Wall Street Journal, it was reported that credit-card giant Visa offered Costco a rather princely, anti-competitive deal in 2014. At least that’s the impression…
Humans don’t take wealth, they create it. And they create it by virtue of dividing up work with other humans and machines. It’s called specialization, and it’s the root of productivity. These…
It was recently revealed that lefty economist Robert Reich is not – gasp – an economist. It turns out he’s just a left-wing lawyer. The joke is on those who think Reich’s lack of a PhD is the source…
“Do you honestly think you’re going to replace this?” The previous question should be printed and framed in poster-sized fashion at the Department of Justice’s (DOJ) antitrust trust division. The…
I once saw a picture of my Dad in a NAZI uniform giving the Heil Hitler salute. He had Nazi paraphernalia in his closet. Dear Kamala, did that make my dad a NAZI? Dad and his three brothers…
Kamala Harris has been short on ideas recently on how she would govern differently than President Biden. Here’s a suggestion: promise to cut off Biden’s antitrust attack dogs. Google is currently…
Gold is referred to as a constant for good reason. It’s price doesn’t move. What moves are the currencies in which it’s priced. Which is a reminder that when the price of gold in dollars declines,…
Honore de Balzac observed in seemingly acidic fashion that “Behind every great fortune there is a crime.” Eventually FDR latched onto Balzac’s nonsensical notion, and now it seems to be gaining…
Credit cards are used by billions of consumers at billions of businesses precisely because buyer and seller alike gain so much from their existence. Consumers can purchase what they want when they…
“If you want to know what raising a family might look like under a Kamala Harris presidency, look to this Rust Belt city.” Those are the words of Washington Post economics columnist Catherine…
“My husband and I were going to retire at 65, but the house we owned was too big and too expensive. We downsized to a co-op. Working longer helped, too, both financially and because I love what I…
“Why can’t you pulverize the market just by buying the stocks with the highest share prices?” The previous question was asked by Jason Zweig, author of the rather excellent “Intelligent Investor”…
I never knew Arnold Palmer had a huge johnson. Thanks to Donald Trump, I now know this, and it makes me respect Arnie even more. I understand Donald Trump because I’m not a pumpkin…
“We seem to be having an arms race. It’s emblematic of the complete breakdown of any kind of responsibility about the budget.” Cal-Berkeley economist Alan Auerbach said the latter in a recent Wall…
After a successful head coaching career that included a .668 winning percentage (148-79), and one Super Bowl appearance (a victory), Tony Dungy was voted into the NFL Hall of Fame. Notable about…
I’m on a text chain with my 3 brothers and all our sons. All of us are liberal arts majors, mostly history. I dare say we Smiths are a bit contrarian. It’s our knowledge of…
There’s a price for every good and service. Always and everywhere. This is a notable point at the moment, and in light of the never-ending talk about whether home insurers will or will not continue…
ber really started to become a thing in 2012. It was a spectacular revelation. Gone were the days of worrying about calling a cab or hailing one in order to get to the airport. Similarly gone were…
Do you the reader transact with cryptocurrencies? Do you store wealth in them? Particularly if the answer is no, it’s useful to think about such an answer in light of a recent national poll conducted…
Last week Elon Musk made waves with his latest effort to promote automation on our roads and in our homes. Seeing the sleek taxicabs and helpful robots gave hope to some, while instilling fear in…
The New York Times recently reported on the latest calls for more government regulation—even on an international scale—over the field of artificial intelligence due to perceived risks. Such…
“They’re on track to becoming the richest person on earth eventually.” Those are the words of Cullen Hoback, creator of a new HBO documentary (“Money Electric: The Bitcoin Mystery”) which purports to…
The protectionist attacks on TikTok continue, this time care of thirteen state attorneys general and the District of Columbia. The New York Times reports that the multi-state lawsuit against TikTok…
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