When Kimbal (brother of Elon) Musk brought the idea of an online directory of businesses to the head of the Toronto Star, he was dismissed haughtily for believing with his brother that the internet…
History says the governmental incompetence that Jenkins so routinely and expertly reveals doesn’t stop at our borders. Maybe past government waste will finally bring with it an upside.
Another benefit of globalized LNG markets will be the quieting of country autocrats who merely threaten to cut off the flow commodities, along with the pundits who have a naïve tendency to believe…
In prosperous economies the surest sign of prosperity is relentless job destruction. In 2020, we saw job destruction of a different kind whereby panicky politicians decided economic contraction was…
Congress is widely loathed by Americans who continue to overwhelmingly re-elect their own representative. This paradox speaks to the importance of strict term limits.
The problem with government can’t be found in how the funds it wastes are extracted, rather the problem can be found in the extraction. Eventually deficit hawks will realize this truth, that the real…
Every time a government shutdown happens, or is threatened to happen, economics reporters find economists at Goldman Sachs and other prestige institutions willing to tell them how much GDP will…
Banks, like any business, never run out of money. They run out of investor trust. That’s why the only capital requirement for banks should be no capital requirement. They only succeed insofar as they…
China’s Evergrande has been staring bankruptcy in the face since 2021. More recently, media members have fingered Country Garden as yet another large China property company that could fall.…
Governments can only centrally plan the direction of resources insofar as they’ve taken them from us first, and they can only offer tax incentives insofar as they’ve overtaxed us first. The economic…
It’s a waste of words to say the central planning that underlies Fed conceit always fails, not to mention that the surest path to lower prices is economic growth as is.
If we’re free-speech absolutists, we’re by definition absolutists about the sources of speech. What’s being done to TikTok is embarrassing, and it won’t redound to its political critics in the U.S.
If voters really want to avoid a future “financial crisis,” they would vote for Biden if he promises to go to bed after the next financial institution failure, and Trump if he promises to play golf.
In the late 1970s, Ken Langone connected Bernie Marcus and Arthur Blank with Ross Perot. They were trying to raise money for what became Home Depot, and Perot was offered the chance to purchase 70%…
The consensus among the allegedly wise is that China is “enduring its worst economic slowdown in years.” If the latter described the United States, economists and pundits would be calling for massive…
Americans are mostly wrestling with “keeping up with the Joneses.” If he’s right then he, his fellow libertarian inequality apologists, along with Ahmari, Rubio Cass, should praise inequality to the…
If the arrival of the virus was a crisis as lockdown proponents so confidently asserted back in 2020, their hysteria offered the best case for government doing nothing.
The implied point in the Post headline was that government spending makes most sense when the economy is weak, a supposition suggesting that central planning of resource allocation is most needed…
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