Spending cuts will not shrink the federal government. When politicians promise the opposite, they’re not telling the truth. “We must stop measuring compassion by the amount of money the government…
Conservatives rightly mock the left for its endless alarmism about “global warming.” Whether the latter is a threat or not, the very notion that we humans can mitigate the warming power of a sun that…
In 1948 South Korea had per capita income of $48, a level of earnings that placed its economics below those of sub-Saharan African countries. At the time one U.S. official concluded that “Korea can…
“Don’t count on it.” That’s what Joanne Lipman recently wrote at the New York Times, in a piece titled “The Elusive Promise of the Four-Day Workweek.” Lipman’s pessimism about the four-day workweek…
If education is so important to the development and future prosperity of young people, why doesn’t the latter reflect in compensation for teachers? It’s a question worth asking as conservatives…
Data centers, and the $1 trillion+ that is being invested in their creation, are “causing” overall weakness in the U.S. economy. That’s according to former Biden White House economic official,…
Elon Musk’s enormous wealth will soon enough appear small. For evidence, see a popular chart listing the looming federal tax bills for multi-billionaires in the U.S. Musk will apparently be assessed…
The proposed merger of Union Pacific and Norfolk Southern is about life and death. Yes, you read that right. Which requires a brief digression. Specifically, to Hillary Clinton versus Donald Trump…
The people on the Mayflower were lower middle class, and largely British. Which means they were lower middle-class arrivals from a country that was very poor. As Niall Ferguson wrote in his 2004 book…
“Please God, give me one more oil boom. This time I promise not to piss it away.” It was a popular bumper sticker in Texas in the 1980s. It’s worth remembering as experts who’ve never built houses,…
The Washington Post didn’t report it, but Washington, DC Mayor Muriel Bowser recently attended a ribbon-cutting ceremony for a new restaurant (Wheelhouse) in the high-end, Chevy Chase area of DC.…
President Ford once “told” New York City to “Drop Dead.” Aussie youth are presently telling Parliament “You Don’t Matter.” Think the Social Media Minimum Age Act. Implemented in 2025 to establish a…
It “was a hard company to keep alive.” That’s how Elon Musk described the rise of PayPal. Musk’s fortune is an effect of him creating companies that investors didn’t think amazing. With Tesla, SpaceX…
No one buys, sells, borrows, or lends with “money.” Production buys and sells production, while borrowing and lending are an exchange of products over longer stretches of time in return for more…
“If you’re ignorant, books won’t laugh at you.” Those are the words of Marilyn Monroe (1926-1962), and hopefully a spur to more humble approaches when it comes to “saving” education. Education…
Donald Trump “took out over 85 percent of Iran’s defense industrial base; sank its navy; grounded its air force; damaged its centrifuges; and decimated its ballistic missile capabilities,…
Peggy Noonan is asking if we can “Survive” the AI revolution? Her skepticism about Silicon Valley has her predicting that a tendency to isolate will grow with AI, that “It will pull people away from…
Taylor Swift’s Eras Tour was a smashing success, but it in no way sparked domestic or global economic growth. Quite the opposite most likely. More on the Swift tour in a bit. For now, it’s useful to…
When economists and pundits write with performative alarm about the urgency of shrinking the national debt, and subsequently search for ways to raise more tax revenue to shrink it, they write as…