When It Comes To Money, Economists Are Profound Excess
Production is always matched with credible exchange media. One presumes the other… Continue reading on Forbes.
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Essays
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
1299 essays · Newest first
More Than Any Ideology, Conservatives Should Revere Immigrants
Immigrants will do work that Americans won’t. That’s what defenders and critics of immigration say. Which means even defenders miss what is arguably the bigger, more pertinent positive about…
In Support of The NDO Fairness Act (H.R. 6048 and S. 3663)
NDO-Fairness-Act-Coalition-Letter
Can We Please Stop Feeling Sorry for Gen Z?
Generation Z will be the richest, most fortunate generation in the history of the richest, most fortunate nation in the world, the U.S. That is, until the generation that follows Gen Z reaches…
How Could It Be a “Crisis” That Americans Can’t Afford a House?
In his 2008 book The Ascent of Money, Niall Ferguson observed that the English speaking peoples are obsessed with housing, and that “No other fact of financial life has such a hold on the popular…
Help Me! Seriously, Help Me Get Out of This Capital Black Hole!
You know what the most necessary ingredient is for capitalism to thrive? I'll give you three guesses. No, it's not lower interest rates. It's not better management of the Phillips Curve by…
Meta’s “AI Layoffs” Are a Bullish Sign of More Meta Hiring
“Productive labor may render a nation poorer, if the wealth it produces – that is, the increase it makes in the stock of useful or agreeable things – be of a kind not immediately wanted.” – John…
Sens. Cruz, Cantwell Would Be Wise to Let College Football Be
How dangerous for the Senators to enter what’s prosperous with a one-size-fits-all solution crafted by the most disliked legislative body in America… Continue reading on Forbes.
The Profound Foolishness of Google’s Antitrust Harassment
Since human interaction with computers and all manner of other devices is a frontier-free concept, there’s no way to ever credibly decree “dominance.” Continue reading on Forbes.
A Great Fiscal Inheritance for Gen Z, and An Even Bigger Opportunity
Members of Gen Z won’t just benefit from the genius of artificial intelligence (AI) throughout their careers, they’ll also benefit from a federal government thankfully hamstrung by past spending…
The Fed In No Way Enables Federal Government Expansion
The Fed is the proverbial potted plant, not an enabler… Continue reading on Forbes.
Declining Global Birth Rates Aren’t “Suspicious,” They’re Bullish
People power economic growth, but declining global birth rates are a bullish phenomenon. Yes, both statements are true. If declining birth rates foretold economic decline as Washington Post columnist…
The Problem With Economics Is Macroeconomics
The great Warren Brookes (1928-1991) joked in The Economy In Mind about the return of an economist from overseas, and a quip from a U.S. Passport official about perhaps not letting him back into the…
Good money should center Trump’s economic universe
It’s common for the media to dismiss those extolling the virtues of the classical gold standard by pointing out most mainstream academic economists hate that idea. That skepticism is reminiscent of a…
There Was No “China Shock,” There Was a Big China Boom
Detroit’s existing workers weren’t harmed by a global influx of people in pursuit of Henry Ford’s $5/daily wage. The impressive pay Ford offered as a way of shrinking employee turnover logically…
A Bullish Case Against Mark Perry’s “Chart of the Century”
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…
Jeff Bezos Missed An Historic Chance to Correct a National Debt Falsehood
Jeff Bezos got the national debt wrong during last week’s CNBC interview. He has to know why. Amazon was founded in 1994, but it didn’t issue debt until 1999. Why did Bezos and Amazon rely for so…
“Monetarism”: Confirmation Economists Never Got The Joke
Monetarism recalls the Five Year Plans of the old Soviet Union… Continue reading Forbes.
No, the Treasury Market Didn’t Just Discover the National Debt
The markets are never a snapshot of the present. They’re a look ahead. It’s worth keeping in mind as commentators try to make sense of rising Treasury yields. Take the Washington Post editorial…
What I Learned Over the Last Five Months In Palm Beach
I’ve had a revelation, I don’t think it is a hallucination. It has to do with digitalization. I now have a fascination, With tokenization. Dear Reader, I’ve been in Palm…
The Bigger, Paradoxically Compassionate Meaning In Meta’s Layoffs
Ronald Reagan’s father lost his job on Christmas Eve. It’s a reminder of how different things used to be. Since life was so much more uncertain over 100 years ago for the average American, it’s no…
Why Is Everyone So Sure That More “Housing Supply” Is the Solution?
Do you remember the legislation that put incredibly affordable supercomputers in our pockets, or the federal decree that made Artificial Intelligence (AI) access as costless as an internet…
Don’t let government pick winners and losers on AI
President Donald Trump renewed his commitment to seeing America win the AI race at his recent summit with Chinese President Xi Jinping. The Trump administration has rejected the Biden approach of…
Social Security Was Always Just An Extra Tax. That’s Why It’s Not “Broken”
Maya MacGuineas has been predicting budgetary and Social Security doom for ages. Of course she has. What does she have to lose? If she’s right after having been wrong, she can claim that she was a…