There’s No Way ‘Recession Fears’ Drive the Market Carnage
It makes no sense whatsoever that “recession fears” are the cause of the recent stock-market carnage.
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Essays
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
1298 essays · Newest first
If Affordable Housing Is the Problem, Wall Street Is the Solution
While the future is always unknowable, one historical truism about Wall Street is that it’s long rewarded those who produce accessibility at low costs. So why not let Wall Street try its hand at…
Forget DEI or Culture, Parkinson’s Law Explains Secret Service’s Problems
“I cannot defend why that roof was not better secured.” Those are the words of Ronald Rowe Jr., acting head of the Secret Service, while testifying before Congress.
Kevin Warsh Is a Worrisome Reminder of Ben Bernanke
The Fed is no longer the backstop to the financial system on a dark day. It’s the dominant player day in and day out.” Those are the dispiriting words of former Federal Reserve Board member Kevin…
Pardon 170 Million TikTok Users for Dismissing the Biden DOJ
Pardon 170 million users for perhaps thinking the DOJ’s “forceful case” is much less than serious.
Short Sellers Like Andrew Left Are Essential to Market Health
Andrew Left faces “criminal charges” from an entity (the SEC) that attains its ill-gotten swagger from a federal government that never has to worry about being wrong given its legal access to the…
Manners Are the Adhesive Glue That Binds Society Together
Convention, customs, manners and civility. When my daughter Ella was 16, I met her at a local restaurant for dinner. I was already seated when she arrived and before I could hold the chair…
As Electric Vehicle Prices Decline, Will the Federal Reserve Step In?
Will the Federal Reserve fiddle with rates more to fight what economists imagine deflation to be? If the question reads as flippant, that’s because it is
For Derrick Henry, the Weekend Is During the Week
Playing was the fun part, while practicing and exercising were the work required to get to the fun part of playing. The weekend part. For Derrick Henry, it seems the weekend is all week.
Contra Glenn Hubbard, Economic Populism Is Worse Than a Nuke
Glenn Hubbard’s latest opinion piece asserts that economic populists “have a point.” This is Hubbard throwing a bone to populist conservatives who supposedly have a heart in ways so-called market…
Book Review: Nathaniel Ellison’s Essential ‘Crypto Confidential’
Did Eliason succeed when it came to providing for his family? Read this excellent, essential book to find out. And ask questions as you do. The biggest for me remains the one about dollars.
If You Hated School, Then You Intuit the Genius of Trade
Markets are wise, and it’s in the countries where foreign producers are aggressively pursuing and gaining market share the most that you know the future is brightest.
‘Harris for President’ As a Metaphor for a Powerless Fed
The transformation of the Democratic Party donor class from despondent to ebullient in a matter of minutes instructs us in ways well beyond Joe Biden attempting to pass the torch to Kamala Harris.
Donald Trump Can Survive Many Policy Errors, But Not a Weak Dollar
Markets don’t wait for the policy. They have to anticipate. Arguably the falling dollar is evidence of Trump’s electoral strength, but it will also wreck his presidency if it’s the policy.
Since You're Lost Without Me, I'll Explain the Week's News Events
I’ve always thought that if everybody would just listen to me and do as I say, the world would be a better place. Indeed, it would be a nirvana like utopian paradise where trains…
The Kids Online Safety Act Puts Children Last
We all want to protect children online. And hopefully, we understand that with supervised use, the Internet is a powerful tool to expand a child’s educational horizons, serve as a medium to connect…
The Unsung Bullishness of Trump v. Biden, or Trump v. ?
The masses may be revolting, but collectively they’re smart. That they’ve chosen unserious candidates signals a future quite unlike the one predicted by the pundits. Who are you going to believe?
Fast-Food Work Is Set to Rise In the Public’s Esteem
There’s a myth that just won’t die about fast-food chains going out of their way to underpay their employees. In reality, and as is the case with all industry sectors, low pay is incredibly…
The ‘Sahm Rule’ Is Every Bit As Ridiculous As Economics
Sahm touts her Rule as a forward-looking indicator of recession, and useful as a way of seeing around the corner before “it’s too late for the Fed’s tools to work.” And the Fed could do what?
Overturning Chevron Is An Economic Game Changer — for the Little Guy
In this chaotic campaign season, if you are looking for political optimism, look no further than the Supreme Court’s recent 6-3 decision to overturn the Chevron doctrine. It may be one of the most…
Is It Beyond the Pale To Ask If the Trump Shooter Was Simply Crazy?
Are there enough 9s next to 99% to properly account for the percentage of politically passionate Americans who wouldn’t ever act in the way that the shooter did on Saturday?
Ron DeSantis’s Lack of Private Sector Experience Shows
Governor DeSantis is setting in motion the harmful future politicization of capital flows in his state as a way to score cheap political points now.
As Policy Types Cheer the Demise of ‘Inflation,’ Inflation Arrives
The inflation problem in the U.S. grows worse by the day. But wait, say the experts, the consumer price index (CPI) continues to decline. The Fed “whipped” inflation with its interest rate price…
‘Dollarization’ In Argentina Isn’t a Policy Choice, It’s a Market Condition
Policy experts need to cease shouting at Argentinean president Javier Milei to “dollarize.” He can do no such thing.