For every excited or optimistic buyer in any market to express the excitement or optimism, there must be a seller willing to transact. This has seemingly been forgotten by China’s Xi Jinping
College attendance will never go out of style mainly because the desire for exclusivity is as old as humanity is. At the same time, the relevance of college education to career (always vastly…
FTC Chair Lina Khan’s aversion to big is well established, as is the EU’s. Imagine if Khan had headed up the FTC in the 1990s? Other than her age, the notion isn’t outlandish.
Paraphrasing George Orwell, some things are so ridiculous that only an economist could believe them. Take the front-page drama related to China’s alleged “deflation.”
Printed money isn’t the same as circulated money. Not by a longshot. That’s why the dollar circulates so heavily in countries not the U.S., and that have their own currencies
It’s so easy to be pessimistic, but the pessimism ignores that the whole world becomes more and more safe from socialism, communism and other ideologies as savings and investment grow.
This will be the last pretentious Dostoevsky reference for a while, I promise. But since economists and their enablers still think of inflation as rising prices (there’s in reality a big difference…
The surest signs of immense prosperity in the here and now can be found in the problems that excite the minds of left (global warming) and right (left-wing professors).
Proponents of the global warming theory claim that the warming is caused by the burning of fossil fuels. The theory implies that the primitive living conditions that preceded the discovery of…
Right now, there’s legislation in the House and Senate meant to limit hospital consolidation alongside efforts to equalize the cost of routine doctor/hospital visits. No thanks. As with all price…
I’ll always believe that the secret to Donald Trump’s success wasn’t his policy rhetoric, but his rhetorical style. That’s why Bret Stephens’s case for Donald Trump (Stephens can’t stand Trump) in…
If Jeff Bezos had been born in 1864 instead of 1964, no doubt he would have made his mark, but his genius would have touched exponentially fewer people.
As always, the kids are alright, so much so that that they’ll live long enough and have the time and means enough to eventually complain about what Harvard is teaching future generations.
No movie critic, I just like going to the movies. American Fiction is a very funny movie about a politically correct college professor’s frustration with what he refers to as “delicate” students,…
Former Indiana governor Mitch Daniels is the latest, but surely not the last to predict crisis of the economic kind. You could fill more Rose Bowls than you have fingers with all the pundits who’ve…
Love or hate immigration, it’s probably no reach to assume that most would agree those at the border are coming from much, much worse. Americans are incredibly lucky, and to much of the rest of the…
If the problem with Harvard is that it’s left wing, isn’t the better strategy to allow Harvard to continually weaken itself with people like Gay in charge?
Oil is the most important commodity in the world, by far, and without it life as we know it would be defined by grinding poverty for the vast majority of the world in concert with primitive living…