“Amazon made it easy to sign up for Prime in just two clicks.” That’s how a CNN report on the FTC’s upcoming case against Amazon described it. Which doesn’t help the FTC’s case. To see why,…
“Washington’s spiraling debt trends are simply unsustainable.” Those are the words of Manhattan Institute budget expert Jessica Riedl in the Washington Post. But unless Riedl knows something that the…
Markets are information. They’re constantly pricing the knowns and unknowns, with “markets” a perfectly apt descriptor since no one agrees about the knowns and unknowns… Continue reading on Forbes.
You would have felt lazy, and likely viewed as pathetic and stupid if you were alive in 1825. Why? Because 200 years ago your work options were almost certainly limited to farm drudgery six days a…
There are no benefits to be had from a weak dollar. None. To suggest there are is the equivalent of saying a basketball player benefits from a shrinking inch and foot that will make him taller in…
Openness to foreign production is the single greatest national security strategy the world has ever known. And nothing else comes close. That’s because foreign countries are loathe to aim their guns…
Charlie Kirk’s murder was a tragedy. “Vital few” (Reuven Brenner) doers on the left, right and in between make the world go ‘round, and Kirk was a member of the “vital few” regardless of whether you…
The $37 trillion national debt will not be paid for by America’s middle class. How we know this is the $37 trillion in debt itself, along with the accepted truth that soon enough $37 trillion will be…
Thoroughgoing Keynesian Ben Bernanke once quipped to Milton Friedman (1912-2006), “You’re right, we did it. We’re very sorry.” What did they or “we” do? According to Friedman, the Fed failed to…
People drive economic growth. Which means President Trump’s problem isn’t the Fed, it’s his own administration’s deportations. Trump wants economic growth, but he doesn’t want the people who make…
Doctors are now happening upon ways to regenerate a brain compromised by stroke. Stop and think about that and perhaps read the opening sentence once again. This is quite the leap. Broken bones can…
Americans consumed just as much Arab oil during the 1973 OPEC “embargo” as they did before it. By some accounts, they consumed more. Which is a reminder that if you’re producing, you’re trading with…
People are not a burden, nor are they a job taken. See Detroit, MI. The continuous arrival of automotive jobseekers over 100 years ago didn’t shrink work options for those already there, rather they…
$37 trillion in total debt is a loud, bullish sign that the U.S. is the world’s richest country…by far. But don’t misread what you’ve just read. The total debt run up by the U.S. Treasury isn’t…
“I trust that you will never lose sight of the fact that millions of Americans are dependent on the Fed continuing to support the economy’s recovery.” Those are the words of Democratic Rep. James…
Vaccines are a miracle. Consider maladies like Polio that used to stalk young people if you’re skeptical. Just the same, the miracle of vaccination makes it hard to understand why the most ardent…
The Fed can’t increase so-called “money supply.” If what you just read weren’t true, rest assured a never independent Fed would have all manner of programs to place so-called “money supply” in the…
The Marshall Plan was an abject economic failure. And that’s not just because Japan rebuilt itself after WWII without one. The more important truth is that central planning of precious resources that…
“It’s not about driving down the cost of labor.” Those are the words of Lorenzo Pautasso, general manager of RobCo’s U.S. office. Pautasso conveyed them to Farah Stockman of the New York Times. He…
What’s the bigger generational burden: small amounts of annual borrowing to pay for small governmental overages in a nation full of 20 percent taxed middle earners (governments can’t borrow…
Berkshire Hathaway has $340 billion in cash and cash equivalents. Media speculation indicates that the sidelined funds signal Warren Buffett’s belief that corporations are presently overvalued. …
Basic income guarantees won’t define the future, opposite the predictions of more than a few AI visionaries. That’s because what replaces human effort does so by powerfully raising the productive…
Quick question: would you order the bombing of an enemy country? One more quick question: would you order the bombing of an enemy country populated not just by your own family members, but also the…
The Calendar section in the Los Angeles Times used to be thick Monday through Saturday, and then near book-length on Sundays. So many ads promoting released and soon-to-be-released films, and so many…
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