The most powerful evidence that CEOs are vastly underpaid can be found in the failures whose pay so angers the easily instigated. In seeing what they were paid despite overseeing declining corporate…
Tech visionary Susan Wojcicki died of lung cancer on August 9th. It’s always sad anytime someone dies too early, but it’s especially sad that Wojcicki won’t get to see more of the future she helped…
Remarkable abundance will be one of the many benefits of more automated production and thought, and from it will emerge all sorts of jobs that never could have been work in the past.
While the future is always unknowable, one historical truism about Wall Street is that it’s long rewarded those who produce accessibility at low costs. So why not let Wall Street try its hand at…
“I cannot defend why that roof was not better secured.” Those are the words of Ronald Rowe Jr., acting head of the Secret Service, while testifying before Congress.
The Fed is no longer the backstop to the financial system on a dark day. It’s the dominant player day in and day out.” Those are the dispiriting words of former Federal Reserve Board member Kevin…
Andrew Left faces “criminal charges” from an entity (the SEC) that attains its ill-gotten swagger from a federal government that never has to worry about being wrong given its legal access to the…
Will the Federal Reserve fiddle with rates more to fight what economists imagine deflation to be? If the question reads as flippant, that’s because it is
Playing was the fun part, while practicing and exercising were the work required to get to the fun part of playing. The weekend part. For Derrick Henry, it seems the weekend is all week.
Glenn Hubbard’s latest opinion piece asserts that economic populists “have a point.” This is Hubbard throwing a bone to populist conservatives who supposedly have a heart in ways so-called market…
Did Eliason succeed when it came to providing for his family? Read this excellent, essential book to find out. And ask questions as you do. The biggest for me remains the one about dollars.
Markets are wise, and it’s in the countries where foreign producers are aggressively pursuing and gaining market share the most that you know the future is brightest.
The transformation of the Democratic Party donor class from despondent to ebullient in a matter of minutes instructs us in ways well beyond Joe Biden attempting to pass the torch to Kamala Harris.
Markets don’t wait for the policy. They have to anticipate. Arguably the falling dollar is evidence of Trump’s electoral strength, but it will also wreck his presidency if it’s the policy.
The masses may be revolting, but collectively they’re smart. That they’ve chosen unserious candidates signals a future quite unlike the one predicted by the pundits. Who are you going to believe?
There’s a myth that just won’t die about fast-food chains going out of their way to underpay their employees. In reality, and as is the case with all industry sectors, low pay is incredibly…
Sahm touts her Rule as a forward-looking indicator of recession, and useful as a way of seeing around the corner before “it’s too late for the Fed’s tools to work.” And the Fed could do what?
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