In reality, all decisions are business decisions, which means all business decisions are “about the money.” The bigger question not being asked is if the business decision was a correct one in light…
The left-leaning imagine against all reason that businesses are out to exploit workers with low wages. The right-leaning disagree with the left rhetorically, all the while making the left’s case for…
According to Washington Post columnist Catherine Rampell, “The Chinese economy has hit a rough patch.” On their face, comments like these always rate a raised eyebrow: I can’t measure the economy of…
In his memoirs about the remarkable rise of The Home Depot, the great Bernie Marcus oh-so-thankfully went against the grain of seemingly all modern thought in writing that “bankers put their careers…
The birthrate alarmism that has infected the various economic religions won’t age well. Nothing against procreation, but lower birthrates don’t in any way signal country decline.
The story on Russia these days is that the economy is booming, with inflation breaking out as a consequence of all the government spending that is said to be stimulating the economy.
President Biden’s recent move to ban U.S. investment in “sensitive” Chinese companies will not work. As is, U.S. investment funds all sorts of Chinese innovations despite all manner of rules in China…
Cato Institute co-founder Ed Crane and I have been discussing mark-to-market accounting for banks in the aftermath of SVB’s troubles. Crane is not seeking force on the matter, but does think…
“I have but one lamp by which my feet are guided; and that is the lamp of experience. I know of no way of judging of the future but by the past.” Patrick Henry. My mailbox was…
The simple truth is that if the Fed were as powerful as the various religions want it to be, the U.S. economy would always be in decline. Yield-curve obsession is powerful on the score of nothingness.
The late Jude Wanniski once observed about Spain that its headline rate of unemployment had little to do with actual unemployment. Wanniski’s point was that the 20% official rate was merely a sign of…
In the technology sector, poorly-run businesses don’t last long. They fail quickly only for their assets to be acquired by better stewards. The paradoxical truth is that the technology sector gains…
How does it make you feel when you read Love’s Philosophy by British poet Percy Bysshe Shelly? What images run through your mind? “And the moonbeams kiss the sea.” Does…
Every dollar the federal government taxes or borrows away is an extra dollar of control that Congress has over the economy. This is why Republicans should cheer any uncapping of the SALT deduction.…
Senator Schumer thinks orange juice costs too much, while Senator McConnell thinks chocolate milk has become too pricey. Jerome Powell fears the cost of eggs. All of the above is hypothetical, but…
The happiest time of my life was raising my children. Before my children came along, I was a crazy workaholic, obsessed with “deals” and making money and fueling my oversized…
What were the Redneck’s last words before he died? Answer: watch this fellas! Men are conquerors, if this were not true, America would’ve never been discovered. Our…
In the early 1920s, radios were the pricey, must-have gadgets of the day. And as all transformative market goods are, they started out expensive only for RCA (the Apple of its time) to render common…
That’s the case because “the thing that matters most to any man” is “the saving of his own skin.” That this needs to even be said speaks to how wrongheaded the Post’s editorial board’s approach to…
How many Virginians does it take to change a light bulb? Five. One to change the bulb and four to talk about how the old bulb was better. Nothing is revered more in Virginia than the past.…
Dear Reader, I just read the Supreme Court’s Students For Fair Admissions opinion. Indeed, I have sacrificed sailing on the Chesapeake Bay and a good fireworks show such that I can…
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