Before investor Bill Ackman requested from President Trump a pause on his tariffs, he perhaps reasonably observed that Trump deserved the benefit of the doubt, that he’s often forged another path to…
The Fed is tasked with fighting inflation that neither it nor Congress understands. See the accepted view among politicians, economists and pundits that if the Fed centrally plans low, but…
“Obama’s Radicalism Is Killing the Dow.” That was the headline of a Wall Street Journal opinion piece by conservative Hoover Institution scholar Michael Boskin on March 6, 2009. With stocks on a…
Dear President Trump: My name is Phil Bell. We have never met, but I have been both a fan and supporter of yours since I was a little boy growing up in New Jersey. I served as an Alternate Delegate…
Debt is a sign of progress. It’s a market signal about growing future earnings for families and businesses. Despite this, politicians continue to argue the opposite. Looking for ways to demagogue the…
President Trump promises to bring back manufacturing jobs to the U.S. If we forget that he can’t do what he claims he will, we can at least think about the horrid economic implications of any…
President Trump is doing major damage to his presidency. And no, this opinion piece is not about tariffs. Much more economically damaging than tariffs is a falling currency. Gold is at all-time…
“There is a ‘treasure trove of medicines that could be used for so many other diseases.’” Those are the words of Donald C. Lo, former head of therapeutic development at the National Center for…
The Federal Reserve is irrelevant. Market signals continue to confirm the previous truth while economists and pundits continue to follow what’s irrelevant in breathy fashion. In future decades and…
Right and Left, Republicans and Democrats brought great shame on themselves with their efforts to ban TikTok. Pizza Hut crystalizes the previous truth. But before discussing Pizza Hut, it should be…
2025 saw Washington, DC shaken to its core by President Trump’s establishment of the Department of Government Efficiency (DOGE). Far from past efforts to “streamline” government, the Elon Musk-led…
If the U.S. were ever so foolishly intent on shrinking inequality, doing so would be easy: abolish usage of cars, planes, computers, smartphones and the internet. Presto, inequality shrunk…
History will show that as traditional test scores meant to gauge in-class learning fell in the U.S., so rose the economic prospects of that same U.S. Pundits fail to see this because they view…
They all want to “rent” Warren Buffett’s name. If Buffett thinks highly enough of your business to invest in it, most every investor not named Buffett will seriously contemplate following his lead.…
Microsoft co-founder Bill Gates used to say that his company’s biggest competitor was Goldman Sachs. Yes, the investment bank. Gates’s point was that business success is a function of the people…
Wise minds inside any presidential administration would quickly sell every barrel of oil presently stored in the Strategic Petroleum Reserve. Forgetting for a minute that there’s nothing about energy…
On January 26, 2023, popular U.S. hamburger chain Five Guys opened in Seoul, South Korea’s capital city. The weather was rainy and humid, but South Koreans braved up to twelve hours in line to get a…
“Would you like fries with that?” What you just read is a question, an economic cost, but also arguably a symbol of the difficulties fast-food restaurants have long faced. How to find good,…
Recently a prominent member of the libertarian community died. Notable about the individual’s death is what he left behind. Though he earned good money over the decades, the pay was in no way…
It’s a popular lament on the right that Montgomery (Maryland) and Fairfax (Virginia) are the two richest U.S. counties in an income sense. Each abuts Washington, D.C. Get it? The above question isn’t…
Google isn’t at all certain that it will be as prominent tomorrow as it is today. See its planned acquisition of New York City-based Wiz if the previous sentence confuses you. It seems only Google…
If there’s production there is money. It’s that simple. “Money” is merely an agreement about value among producers that enables the exchange of actual goods, services, and labor. It’s all a reminder…
When asked if he attended his Lincoln High School (Brooklyn) reunions, the recently passed New York City real estate mogul and civic leader Marshall Rose said he did not, that he thought most of his…
The Wall Street Journal reported how Ford Motor Company’s best-selling F-150 has become the latest example of the negative impact of the new tariff movement. The F-150 in particular, and the…
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