Government spending is by far the biggest, most freedom and economy-sapping tax of all. While Larry Ellison, Elon Musk and Reed Hastings will work at all sorts of tax rates, they can’t innovate…
The great Andy Kessler says it’s “crazy” that California imports oil extracted in Iraq. Or maybe not. As Kessler knows better than anyone reading this, rare does a week go by that some…
No individual or nation need ever worry about the supply of oil or Artificial Intelligence (AI). The latter holds true whether both are sourced across the street or on the other side of the world. …
Money doesn’t solve poverty. Say repeatedly what politicians don’t grasp. Republican politicians used to understand that money is unequal to poverty, but in modern times they’ve become as wedded to…
The minute immigrants touch land in the United States, their economic value soars. That’s because the workers, machinery and training that they get to match their talents with in the U.S. well…
A balanced federal budget in the United States is consistent with a massively bloated government operating well beyond its constitutional limits. This is what the budgetary experts at libertarian and…
Low interest rates aren’t decreed by central planners to the economy’s betterment, rather they’re an effect of productive economic activity of the kind that rates low interest loans… Continue reading…
Do you fear the theory of “global warming”? If so, how deep is your fear? As in would you be willing to bet a substantial amount of your net worth that the theory is not just real, but earth…
I’m very grateful to Dave Hebert that he’s never gone wobbly on the genius of free trade. He’s right that we agree. Why my response to his? It’s an attempt to convince him not about free trade, but…
To discover the U.S. and what the Founding Fathers meant, drive a state or two or three of the United States. About the opening sentence, it’s not a trite tribute to the “Real America” that can…
“Roaches check in, but they don’t check out.” That was the iconic line from the 1970s/80s Black Flag Roach Motel ads. At risk of wasting words, roaches would enter traps that they would never be able…
Conservatives and libertarians talk rhapsodically about markets, while sometimes ignoring the market signals that reject their occasional alarmism. Which is why Montgomery College economics professor…
There’s production and nothing else, with government spending, government borrowing, money in circulation, and interest rate levels an effect of the production… Continue reading on Forbes.
To reference Neil Sedaka, who recently died at age 86, is to age oneself. Some of Sedaka’s most famous songs (“Laughter In the Rain,” “Breaking Up Is Hard To Do,” and “Love Will Keep Us Together”)…
When’s the last time you held a newspaper in your hands? Tick tock, tick tock… The question you’re contemplating comes from someone who daily reads the print editions of the Wall Street Journal, New…
Ronald Reagan was a terrible president for “American oil.” He had nothing against crude, but Reagan did favor reversing the weak dollar policies embraced by Presidents Nixon and Carter in the 1970s,…
Netflix won by “losing” the bidding war for Warner Brothers Discovery (WBD). The victory can be found in contemplating what Netflix was going to get in return for its purchase of WBD. It wasn’t an…
Elon Musk only takes big leaps. It’s a reasonable bet that there’s no laddered, tax-free, municipal bond aspect to his investment portfolio. Musk is an enemy of government waste, not a subsidizer of…
The ambitious of all stripes flock to where the economic growth is. Which is no insight. Where growth is greatest, so are wages. Consider what you’ve just read in relation to the photo attached to…
A recent above the fold, front-page headline at the New York Times asserted that “Reliance on Taiwan Chips Endangers U.S. Economy.” The article’s subhead added that “Big Tech Has Done Little to Heed…
In 1981, and while trying to get the tax cuts he favored passed by Congress, Ronald Reagan joked about getting shot again to move public opinion in his direction, and by extension, congressional…
Why were there no billionaires in the 19th century? Tick tock, tick tock… No doubt those with an Austrian or Monetarist School bent would say that the scarcity of billionaires was rooted in a lack of…
Scholars at Brookings, Cato, Hoover, along with adjacent pundits, have been promising a “crisis” related to the national debt for decades. Despite so many of the wise so routinely and confidently…
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