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…
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…
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…
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…
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…
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…
Mitch Daniels looks admiringly in the mirror through the words he puts on a page. See his latest Washington Post op-ed, and his comment that “No impulse is more human than wishfulness, the tendency…
Last week after the bill was signed, Spanberger had a hen party with her supporters where they gleefully cackled about what a great day it was, lacking the cognitive ability to understand…
What fractures globalized production naturally results in higher prices just as what integrates global production naturally results in lower prices… Continue reading on Forbes.
“I need my papa!” That’s what a five-year old Mexican child said to her mother, according to the Washington Post. Her father had been deported. How to explain to a small child why your father isn’t…
Kristina Crane gets to watch her grandson’s little league baseball games. On its own that’s a nice thought, but it’s a miracle in consideration of the fact that Crane lives in Falls Church, VA, and…
Last week President Trump said that the high price of oil is “a very small price to pay” for keeping nukes out of Iran. His Secretary of State, Marco Rubio, added that if Iran got a nuclear weapon,…
From the earliest days of RealClearMarkets (2007), “bubble” has rarely reared its empty, utterly meaninglyess head in headlines. What was true about “bubble” in 2007 remains true today. What never…
Government spending is the biggest, most economy-sapping tax of all. While Elon Musk, Jeff Bezos and Mark Zuckerberg will work at all sorts of tax rates, none can work and innovate without capital.…
This country could use a new Ronald Reagan. Majestic, uplifting rhetoric sells. I like President Donald Trump’s ball-busting style. I like that he’s transparent and…
“Grit” is so overrated. It implies that economic growth is an effect of doing what we must to get by. What an awful existence, what an untrue presumption. If there are doubters, they need only…
Everyone is frustrated by the high price of gasoline. But it’s important to keep the blame where it’s due, on the economic cost of war, because politicians are quick to follow Rahm Emanuel’s old…
“The older generation had certainly pretty well ruined this world, before passing it on to us.” That was John F. Carter, in the Atlantic Monthly. It was September 1920, and Carter was channeling what…
Some overestimate the government’s ability to develop novel solutions to challenging problems. NASA’s spacefaring efforts were eventually surpassed by SpaceX, which has maintained a 100% safety…
“The WBD Deal Puts Hollywood, and Democracy, at Risk.” That was the headline for an opinion piece written by Jane Fonda last December. Fonda feared Neflix’s acquisition of Warner Brothers Discovery…
It is a common refrain among young Americans that they feel priced out of the housing market and have begun to question if homeownership is even attainable… Continue reading on Rawlins Times.
“Our story wasn’t unusual. Because the median house was within our financial reach, members of my generation were able to begin homeownership early in our careers and parlay the increased value of…
Since it ignores why we have deficits and debt in the first place, a balanced budget rule would vastly expand the size of the federal government. To understand why, we need only contemplate the…
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