Book Review: Mark Shupe’s “The Moneyball Method”
Charlie Munger famously said, “It’s remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” Were he…
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Essays
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
1053 essays · Newest first
Clear filtersExcessive Federal Taxes Foist California and New York Onto All of the U.S.
Government spending amounts to the central planning of precious resources by politicians. Worse, it amounts to the warping of the people and businesses on which it’s spent precisely because no one…
There’s No ‘Retirement Crisis,’ LeBron James Shows Why
There’s no retirement crisis. Those promoting the notion that Americans don’t have enough money to retire will eventually regret their expressed pessimism. Contemplate the happy fact that LeBron…
If the U.S. Ever Needs the ‘Printing Press,’ It Will Have No Debt
Money is ruthless. The genius of compounding confirms the previous truth. This rates mention as economists Yeva Nersisyan and L. Randall Wray promote the fiction that U.S. “cannot default on debt…
Economists: The Only Barrier To Return To The Gold Standard
At least 66 countries peg their currencies to the dollar. The previous number undercounts the actual number. Figure that the growth of cryptocurrencies is largely a dollar peg story (think…
Anna Wintour Is a Brilliant Reminder That the Customer Is Always Wrong
“She was never some algorithm trying to give us more of what it thinks we want, or something driven by A.I. She was a person who judged and decided based on her own haughty sense of what was best.”…
Conservatives Adopt Left-Wing Tactics To Allegedly Fix Universities
“Without broader hiring reforms, proto right-wing employees will continue to control big business. Several states are trying to dictate what conservative executives should and shouldn’t instruct…
To Limit the Federal Government, Texas Should Levy a State Income Tax
Texas should institute a state income tax. So should Florida and Tennessee, along with all U.S. states that presently don’t have an income tax. Please read on. This is decidedly NOT a call for more…
Let the Market Punish Corporate Mistakes, Not the Federal Government
What keeps the CEOs of financial institutions awake at night? One or two errant employees out of tens of thousands can bring down the franchise. What robs financial institution heads of sleep…
Markets Will Tell Us When We’ve Borrowed Too Much
“This is clearly a shift in budget accounting that will clear the path to ballooning the debt now, but will also create a precedent that will be used over and over and over again in the future.”…
Say It Routinely, The Fed Isn’t Nor Can It Ever Be ‘Independent’
The Fed can never be independent. Economists should spare readers of any further commentary calling for what can’t be. Long before the Fed existed, and just the same to this day, there were and are…
Robots Will Make the Need for Immigrants More Urgent Than Ever
It’s so easily forgotten that people aren’t a cost. They’re an input, always and everywhere, and this truth won’t lose any validity as robots proliferate. Quite the opposite. Which is why it’s useful…
Hulu’s “The Bear” Points To a Brilliant Work Future
A show about a charismatic chef? Who would watch that? Those are two questions formerly asked by studio executives far more than most will ever realize. Evidence supporting the above claim can be…
John Maynard Keynes Resides Inside Right-of-Center SALT Critics
West Virginia must be rich, right? All that federal money that flows there year after year. Hopefully readers see the obvious flaw, or contradiction. Government spending saps economic growth, by its…
Finding Abundant Optimism In the Zohran Mamdani Mistake
If Zohran Mamdani could “ruin” New York City, then it wouldn’t be worth saving. And New York City doesn’t require saving, except to the willfully blind. What you’re about to read isn’t a defense of…
While Correctly Decrying ‘Big Beautiful’ Spin, Deficit Hawks Should Look In the Mirror
“You can spin your political base, but you cannot spin the economy or the bond market. Those two are unforgiving – and eventually voters might be too.” Those are the words of Manhattan Institute…
If Fed Cuts Fuel Inflation, Then Powell Has Nothing To Fear
Credit is produced. Repeat the previous truth over and over again. And then internalize the obvious, that we borrow money for what it can exchanged for. That we borrow dollars to get things ridicules…
Love or Hate Immigrants, They Do Not Drive Down Wages
Immigration to the U.S. is by its name a wage positive. It’s tautological. Higher wages are what instigate immigration, so to pretend as some do that the arrival of immigrants pushes down wages…
Book Review: Ian Leslie’s “John & Paul: A Love Story In Songs”
“You know, people think that because I’m Mike Nichols, I don’t need praise. I need a lot. Nobody gets that.” The previous quote comes from Mark Harris’s excellent 2020 biography (review here) of –…
We Haven’t Scratched the Surface of Weight-Loss Drug Advances
Orforglipron is an oral drug from Eli Lilly that’s in trial stage. The New York Times reports that in a trial of over 500 patients, those “who took the highest dose lost an average of around 16…
Social Security’s Faux ‘Insolvency’ Is a Limited Government Feature
Let’s start with the obvious, now and in the future Social Security payments aren’t remotely imperiled. It’s said here over and over again, but rates saying once again, that the surest sign that…
“Balanced Budgets”: One of the Most Fraudulent Notions In Economics
“Balanced budgets” have nothing to do with limited government. Neither does a budget surplus. As with most notions crafted by economists and the budgetary scolds they’ve long enabled, the notion of…
Fred Smith Was Too Smart for Joseph Schumpeter, and Donald Trump
The C grade Fred Smith received from a Yale professor about his vision for an overnight delivery service is much less remarkable than is assumed. Naturally Smith got a C. Rest assured that most…
No, Yet Again, Federal Reserve Did Not Cause the Depression
The Federal Reserve did not cause the Great Depression. To pretend that it did is to believe that central planners dictate access to capital from the proverbial Commanding Heights, and that the…