Conservatives need to relax. See their ranting about Netflix’s proposed purchase of Warner Brothers Discovery (WBD). Podcaster Benny Johnson described the possible deal as “the most dangerous media…
Why is Ray Dalio’s debt alarmism so wrongheaded? The view here is that successful investing (Dalio is brilliant at it) is incredibly difficult, while economics is blindingly simple. The investor in…
“Speed is the name of the game.” That’s how venture capitalist Ben Braverman recently explained investing to the New York Times. He was describing the extraordinary efforts he’s made to match capital…
Kyle Schwarber recently signed a 5-year, $150 million deal to stay with the Philadelphia Phillies. Which speaks to our exciting present and future. As a former college teammate once put it about…
The problem with economics is the economists. They arguably understand what powers economic growth the least. Consider “World Pays a Price for China’s Growth,” the latest piece by Wall Street Journal…
Social Security is no longer the Third Rail of politics. Which is perhaps too bad, though not for the reasons readers might imagine. For now, it’s worth celebrating what’s abundantly true: growing…
Blockbuster could have had Netflix for south of $100 million. Twice. It’s worth thinking about in consideration of Netflix’s present-day market cap of $437 billion. Of much greater importance, it’s…
Balanced budget orthodoxy in the United States will keep the poorest parts of the U.S. relatively impoverished. And not because of reduced federal spending. Quite the opposite. Peter Bauer…
Fed officials rate as much ridicule as does New York City Mayor-elect Zohran Mamdani. Arguably central bankers rate more. To see why, stop and contemplate how politicians, pundits and economists have…
Falling test scores signal rising prosperity. The declines that have pundits up in arms are a signal of a much better future precisely because they signal soaring individual specialization. Which…
President Trump is happily overstepping the naivete that informs so much economic commentary. While the experts continue to look to the Federal Reserve to bring down prices via the tweaking of…
U.S. Postal Service workers used to be able to afford Manhattan’s Upper East Side. When a young Lee Harvey Oswald moved with his mother Marguerite to New York City in 1952, they lived for a time with…
In his recently released memoir, Born To Be Wired, John Malone writes of attending the 1979 Western Show out in Anaheim, CA. What the TCI CEO witnessed fascinated him, but also terrified him. It was…
“Bob and I had no idea of any of the potential back then.” Those are the words of cable television visionary John Malone in his recently released memoir, Born To Be Wired. Malone was writing about…
Why doesn’t West Virginia have more debt? The question rates asking in response to a Wall Street Journal editorial which observes that California “is facing huge budget deficits despite an ebullient…
So much that we see as expensive in the present will be incredibly cheap in the future. There are so many examples of this, so many past examples that so many readers know well (remember…
George Will describes it as “presentism” whereby modern views on morality are imposed on past actions. Will’s crucial point is that if we continue down this path of judging the past through a…
“Literally put me in front of a whiteboard, and I can come up with 100 ideas in an hour.” That’s what Amazon founder Jeff Bezos told a gathering of technology entrepreneurs last month in Italy.…
Remember in 2008 when the experts were calling for nationwide housing destruction to allegedly save the U.S. economy from falling housing prices? It’s something to contemplate as experts like Ezra…
Bloomberg recently reported that Amazon is set to raise $15 billion in an upcoming bond sale. The funds will be used to continue Amazon’s AI buildout. Better yet for the purposes of this piece, the…
Even beggars turned up their noses to the German mark in the 1920s. It’s true. While wheel barrows full of marks continue to animate simplistic economic history, the reality is that the marks in the…
“My why was: Get the hell up out of this situation.” That’s how Carmelo Anthony described his path to becoming the first NBA Hall of Famer from Baltimore. Thinking about how Anthony got himself out…
Economists don’t know economic growth. See New York Times columnist and economist Rebecca Patterson. In “Watch Out, It’s the Jenga Economy,” Patterson expresses worry that “Without income from jobs,…
I’ve seen Barry Diller four times in public. First at a restaurant in Sag Harbor, two more times at Manhattan restaurant Michael’s, and last at Stanford’s Hoover Institution. I knew who he was, he…
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