Every product and service that we enjoy today used to be nosebleed expensive. Which is why it’s strange that the various economic religions focus so much of their energies on monetary policy. They…
Money isn’t abundant in Palo Alto but scarce in Baltimore because the state decreed it so, rather money in circulation is production determined. It’s a market phenomenon every bit as powerful as the…
Speech, including ugly speech, is just that. Let’s not mimic the left and its ugly, cancel culture ways. If we believe we’re correct, we shouldn’t fear their ugly speech.
Nikki Haley bills herself as “a firm believer in economic freedom,” but to watch her speak or read her opinion pieces is to read all the ways she intends to limit economic freedom.
It only took Javier Milei two days in office to err in monumental fashion. If we ignore just how damaging currency devaluations are (the write-up doesn’t) to individuals, we can’t ignore that they’re…
In Rampell’s words, policymakers responding to a contraction of their own making “swung into action with a swiftness and single-mindedness they hadn’t exhibited in prior downturns.” Keynesianism just…
Peggy Noonan worries that “AI is putting the fate of humanity in the hands of the men and women of Silicon Valley, who invented the internet as it is, including all its sludge.
Asked about inflation recently, Joe Biden presumably read that it’s a consequence of corporations “gouging” consumers…But even if corporations had the power to set prices, a high price born of…
It’s worth repeating that higher prices are at best an effect of inflation, not inflation itself. To say they’re inflation is like saying suntans cause the sun.
Martin Peretz is a person of the left who feels the left has left him. He’s strongly anti-communist, but more than a bit too hawkish for me. Whatever your views, I think his book is very much worth…
Retirement is vanishing before our eyes. Probably in the lifetimes of our children it will take on dated, past tense connotations like the telephone booth. One can only hope. People are happier when…
The inflation fight was a non sequitur, not to mention that the higher prices had nothing to do with inflation. The wonder is if the various economic religions will ever accept that the fastest path…
We must be a seriously rich country with very few real problems if media members and grandstanding politicians are attacking Instagram and Meta for having young users.
How fortunate we are to have Elon Musk, how fun it is to read about him, and how exciting if we could know now whom Isaacson will write about ten years from now.
U.S. businesses are expanding rapidly in China. Do you trust their instincts, or that of a political structure that was once so certain about the Soviet threat?
Tractors, cars and computers are ubiquitous today precisely because they thankfully surpassed human ability, and the expectations of many skeptics back then. Let’s hope AI does too.