No one buys, sells, borrows, or lends with “money.” Production buys and sells production, while borrowing and lending are an exchange of products over longer stretches of time in return for more…
Putting aside the moral reasons we are taught not to copy one’s work in grammar school, there is the practical concern your classmate may know as little as you do… Continue reading in the Gettysburg…
“If you’re ignorant, books won’t laugh at you.” Those are the words of Marilyn Monroe (1926-1962), and hopefully a spur to more humble approaches when it comes to “saving” education. Education…
While Americans were firing up grills and welcoming the start of summer over Memorial Day weekend, a quiet bombshell dropped half a world away that has reshaped the global artificial intelligence…
Donald Trump “took out over 85 percent of Iran’s defense industrial base; sank its navy; grounded its air force; damaged its centrifuges; and decimated its ballistic missile capabilities,…
Peggy Noonan is asking if we can “Survive” the AI revolution? Her skepticism about Silicon Valley has her predicting that a tendency to isolate will grow with AI, that “It will pull people away from…
Taylor Swift’s Eras Tour was a smashing success, but it in no way sparked domestic or global economic growth. Quite the opposite most likely. More on the Swift tour in a bit. For now, it’s useful to…
When economists and pundits write with performative alarm about the urgency of shrinking the national debt, and subsequently search for ways to raise more tax revenue to shrink it, they write as…
“Sorority consultant” is a profession, and a well-paid one at that. With achieving the “right” bid increasingly a must thing for a growing number of females born to parents with somewhat limitless…
“If you could fog a mirror, you could get into the University of Florida.” That’s how a longtime Floridian described the admissions’ process of old. How things have changed. As a recent Wall Street…
Why is Netflix founder Reed Hastings so rich? It’s a clown question, right? Everyone knows why he’s worth billions, and it’s because he founded a company that is worth over $300 billion. Except that…
“In our political age of envy, the press and Democrats are preoccupied by Elon Musk’s otherworldly wealth. But he has enriched the country by building a remarkable company.” That was from an…
As is well known, SpaceX floated its shares last week. Elon Musk is the world’s first, but surely not last, trillionaire. Let’s refer to Musk as the Frederic Bastiat “seen.” From there, let’s pivot…
Milton Friedman was sometimes wrong. Revered by right and many on the left, a look back reveals thoughts and actions that were sometimes puzzling. Take the work Friedman did at the U.S. Treasury…
“I have come to the conclusion that an economic catastrophe must happen before a majority of my colleagues will get serious about curbing out of control government spending.” That’s then Rep. Thomas…
There’s no looming “insolvency” for Social Security. Not in 2032, 2052, or 2102. It’s all politics, from both sides. How we know can be found in the fact that there was never a Social Security “lock…
Happy holidays to everyone who celebrates “National Blame Someone Else Day” — which, unintentionally, may include a handful of senators expected to introduce the “American Innovation and Choice…
Jennifer Aniston is single. But as a 2015 write-up from here pointed out, Aniston’s status was a choice as opposed to a situation that she couldn’t escape. Realistically, millions and perhaps…
Matthew Lynn writes that a “financial castrophe” is in our future. He claims it’s due to the national debt. Lynn’s analysis implies that markets are quite stupid. Misunderstanding and non sequitur…