Back in the early 1990s, an oil-change service business ran a clever ad campaign which said “We’re not trying to change your oil, we’re trying to change your oil.” Get it? The ad springs to mind as…
Bikes were “as indispensable to a Chinese as a car to twentieth century Americans.” Those are the words of Fox Butterfield from Alive In the Bitter Sea, his 1982 book about communist-era China. Call…
Responding to the failures of Enron and Worldcom within six months of each other, failures that didn’t spook the markets much at all, President George W. Bush zestily signed into law Sarbanes-Oxley…
Economists quite literally ascribe to themselves an ability to forecast the global economy. Any doubts about the previous assertion can be found by placing “global recession” into the search bar of…
A scroll through ESPN.com last Saturday afternoon revealed a bit of a shocker. #6 Ole Miss had lost to unranked Kentucky, 20-17. Trite as it sounds, muscle memory of sorts brought on the scroll of…
Democratic presidential nominee Kamala Harris has taken to blaming the Republicans for problems associated with a surge of immigrants at the southern border. Republicans have hit back. One editorial…
“We don’t take American Express.” Those five words kept coming to mind last week while reading about the Department of Justice’s (DOJ) antitrust case again Visa. To which some will reply that the…
“And it’s paid for by you. No billionaires will fund work like this because there’s no money in it. This is government-funded research to determine how the universe was created and whether we are…
It was reported last week that Paul Pelosi, husband of former House Speaker Nancy, recently sold a sizable amount of Visa stock. Actually, it wasn’t that recent. July 1st to be exact. But since…
Former Indiana Governor Mitch Daniels writes in the Washington Post about the coming “collapse of the U.S. public debt market and the dollar’s world reserve status.” Daniels believes that “It’s past…
Last week the New York Times reported on labor unrest among the musicians at the New York Philharmonic, America’s oldest orchestra. Currently paid $153,504 annually, the players were agitating for a…
The legendary Boeing 747 was a brilliant consequence of six million different parts produced by man and machine around the world. Absent this wildly sophisticated division of labor, 747s wouldn’t…
It wasn’t long after Donald Trump’s recent proposal to reverse his $10,000 cap on the State and Local Tax deduction (otherwise known as SALT) that critics on his right flank criticized the move.…
“We steadily began to realize the magnitude of the task ahead of us, not even in terms of financial resources, but just time and effort and coordination. The hour that we can save a day, it’s time…
According to a recently released report from the New York Fed, Americans collectively owe over $1.1 trillion on their credit cards. Reports like this have a tendency to elicit bad ideas from…
A famous libertarian economic thinker, and memory says it was the late Walter Williams, was once presented on a talk show with the idea of a higher minimum wage. The suggestion was something like…
Songwriter extraordinaire Burt Bacharach died in 2023 at the age of 94. In a recent New York Times interview of Herb Alpert, the musician extraordinaire looked back to 2021 when Bacharach called. He…
While electronic payments and transfers are quite a bit safer than they used to be, there remains the forever problem of individuals devising ways to separate those with wealth from it.
George Gilder writes that “Planetary prosperity depends on the outsized genius of a tiny minority of human beings.” He’s right, and this explains the urgent case he makes in The Israel Test
You know how the best NBA and MLB teams spend enormous sums of money scouting talent around the world? The best U.S. corporations do the same. A failure to do so comes at the cost of future…
Talent matched with capital drives all economic advance, always and everywhere. Archaeologists will marvel at how many smart people bought into the Fed myth either way.
Elon Musk recently revived the notion of “government efficiency.” No, there’s no such thing. Always and everywhere there’s no such thing. It’s a mirage.
“But in May 2015, Beijing went public with a 10-year plan to dominate high-value, high-technology sectors – with the unspoken goal of destroying America’s economic supremacy.” Those are the words of…
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