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…
The rich prosper only insofar as the poor and middle see their earnings and living standards soar. This is important to remember as economists and pundits waste a lot of time promoting the…
Money buys nothing, while products always and everywhere buy products. Which means governments that produce nothing can only spend insofar as they have taxable access to private sector production,…
Diamond Grille doesn’t take credit cards. On the other hand, it does take business cards. Which is why every Federal Reserve official should be required to darken its doors, along with every…
“Colleges are graduating a surfeit of young people who lack hard or even soft skills…They believe their degrees aren’t being adequately rewarded by the free market and blame capitalism.” Those are…
The U.S. could be 100% bereft of “rare earths” while at war with and embargoed by rare earth rich China, but we’d still have all the rare earths we want stateside, and as though they were all sourced…
Deportations and border closures were political losers for President Trump and the Republicans. That’s because voters vote their pocketbooks. More than a few who read this opinion piece’s opening…
Social Security was a bad, big-government mistake. As argued in The Deficit Delusion, a much worse, much bigger big-government mistake would be to lower its annual cost by pushing the retirement age…
Why do Silicon Valley startups never rate loans? Because money is ruthless, and there’s not an interest rate high enough to compensate lenders for loans to business concepts that fail quickly over 90…
A weak dollar wrecked Jimmy Carter’s presidency. This requires mention as the long ago Carter economic plan rises in the estimation of the right. Looking back, they appreciate that Carter didn’t…
Imagine doing the same thing the same way repeatedly not just for months or years, but centuries. Such is the way of education, whether public or private. Worse, education’s immutability is prized.…
Don’t trust economists to manage the economy. Read the musings of Fed Governor Steven Miran if you’re skeptical. Except that we’re getting ahead of ourselves. Before contemplating Miran and his odd…
Readers would never have heard of Zohran Mamdani if New York weren’t the richest, most capitalistic city on earth. It’s that simple. Where wealth is being created abundantly, there’s also an…
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