“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…
It has always been said that Amazon killed off the local bookstore. How could what profoundly increased access to books and the fun of reading them have killed off local stores?
Marks came to mind while reading a front page Wall Street Journal story in response to Friday’s employment report. It read along the lines of “Soft Hiring Will Tee Up Fed Rate Cuts.”
Just as large majorities of the electorate were exposed to Biden’s onrushing senility, so will they be exposed to Harris’s numerous weaknesses. Which means if the Republicans lose, the loss will be…
Last Tuesday Nvidia shed over $279 billion in value. It was the biggest one-day paper loss for a corporation in the history of the stock market. As a CNN report put it, “only 27 companies on the…
Are they really laying the groundwork for more of the “the Russians did it”? About the previous question, “they” is the Democrats, and “the Russians” are their go-to anytime elections don’t go their…
Anya Gillinson’s beautifully written and remarkable new memoir, Dreaming in Russian. Gillinson’s life story is largely about her time in the United States, after she, her mother, and sister Liana…
Donald Trump and Kamala Harris have both said that if elected president, they will block Nippon Steel’s planned, $14.9 billion acquisition of U.S. Steel. They’re not being leaders.
According to Ip and GDP, savings are a global problem. For the countries in receipt of the savings. The inflow of capital quite literally brings down GDP. Yes, the more one looks at GDP the dumber it…
The Roots of STEM Excellence” can’t be found in instruction, but in people too brilliant to be held down by non-admission to an elite school, or a lack of schooling altogether.
Freedom lovers will love what’s ahead because inequality is the surest sign (and feature) of freedom, and also the most certain sign that former luxuries are being made commonplace. As always, the…
Coco Cay, Bahamas – Royal Caribbean’s Utopia of the Seas cruise ship had its maiden voyage just last month. Construction of what exceeds 1,100 feet in length took place in Saint-Nazare, France, but…
The “Showtime” Los Angeles Lakers of the 1980s always seemed so happy. This was particularly bothersome to me as a Boston Celtics fan growing up in the Los Angeles area.
According to University of Chicago economics professor Casey Mulligan, what he deems “inflation” was actually instigated by then Vice President Kamala Harris. Wow! Who knew VPs had so much power?…
Without accurate information in the form of prices, markets can’t function. As evidenced by RealPage’s prominence in the apartment software space, including what some deem “monopoly,” the market long…
Commenting on Twitter recently, Elon Musk wrote that inflation “is caused by the Federal government spending more than it earns, because they just print more money to make up the difference.”
In the future, knowledge will become increasingly narrow as more and more of the global population gets to do the work and pursue the knowledge most associated with their unique skills and…
The main thing is that the problems with CPI extend well beyond the known demerits. Prices are at best a reflection of the actual inflation, which means CPI is a distant look back to what market…
Quick: what will people do for a living in the future? How will market goods be transported to increasingly acquisitive and impatient customers? How will law enforcement protect people if a booming…
“When goods don’t cross borders, soldiers will.” There’s no documented evidence that the great 19th century free thinker Frederic Bastiat penned or spoke the previous line, but it doesn’t really…
Young people naturally expect more, but precisely because they can, they’re increasingly free to pursue narrow specialties that uniquely elevate their earning capacity.
Tipping has gotten a bad rap of late. Lots of op-eds and commentary more broadly from left and right about tips, and perhaps worse, the expectation of tips.
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