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Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
993 essays · Newest first
Clear filtersDetroit’s existing workers weren’t harmed by a global influx of people in pursuit of Henry Ford’s $5/daily wage. The impressive pay Ford offered as a way of shrinking employee turnover logically…
If one-half of the commodities in the market rise in exchange value, the very terms imply a fall of the other half; and reciprocally, the fall implies a rise.” – John Stuart Mill, Principles of…
Jeff Bezos got the national debt wrong during last week’s CNBC interview. He has to know why. Amazon was founded in 1994, but it didn’t issue debt until 1999. Why did Bezos and Amazon rely for so…
Monetarism recalls the Five Year Plans of the old Soviet Union… Continue reading Forbes.
The markets are never a snapshot of the present. They’re a look ahead. It’s worth keeping in mind as commentators try to make sense of rising Treasury yields. Take the Washington Post editorial…
Ronald Reagan’s father lost his job on Christmas Eve. It’s a reminder of how different things used to be. Since life was so much more uncertain over 100 years ago for the average American, it’s no…
Do you remember the legislation that put incredibly affordable supercomputers in our pockets, or the federal decree that made Artificial Intelligence (AI) access as costless as an internet…
Maya MacGuineas has been predicting budgetary and Social Security doom for ages. Of course she has. What does she have to lose? If she’s right after having been wrong, she can claim that she was a…
Mitch Daniels looks admiringly in the mirror through the words he puts on a page. See his latest Washington Post op-ed, and his comment that “No impulse is more human than wishfulness, the tendency…
What fractures globalized production naturally results in higher prices just as what integrates global production naturally results in lower prices… Continue reading on Forbes.
“I need my papa!” That’s what a five-year old Mexican child said to her mother, according to the Washington Post. Her father had been deported. How to explain to a small child why your father isn’t…
Kristina Crane gets to watch her grandson’s little league baseball games. On its own that’s a nice thought, but it’s a miracle in consideration of the fact that Crane lives in Falls Church, VA, and…
Last week President Trump said that the high price of oil is “a very small price to pay” for keeping nukes out of Iran. His Secretary of State, Marco Rubio, added that if Iran got a nuclear weapon,…
From the earliest days of RealClearMarkets (2007), “bubble” has rarely reared its empty, utterly meaninglyess head in headlines. What was true about “bubble” in 2007 remains true today. What never…
Government spending is the biggest, most economy-sapping tax of all. While Elon Musk, Jeff Bezos and Mark Zuckerberg will work at all sorts of tax rates, none can work and innovate without capital.…
All loans are production in return for production always and everywhere created in the private sector… Continue reading on Forbes.
“Grit” is so overrated. It implies that economic growth is an effect of doing what we must to get by. What an awful existence, what an untrue presumption. If there are doubters, they need only…
“The older generation had certainly pretty well ruined this world, before passing it on to us.” That was John F. Carter, in the Atlantic Monthly. It was September 1920, and Carter was channeling what…
“The WBD Deal Puts Hollywood, and Democracy, at Risk.” That was the headline for an opinion piece written by Jane Fonda last December. Fonda feared Neflix’s acquisition of Warner Brothers Discovery…
“Our story wasn’t unusual. Because the median house was within our financial reach, members of my generation were able to begin homeownership early in our careers and parlay the increased value of…
Since it ignores why we have deficits and debt in the first place, a balanced budget rule would vastly expand the size of the federal government. To understand why, we need only contemplate the…
What the Federal Reserve does has nothing to do with inflation. The central bank is not the source of the hyperinflation that Mises disciples (this is a shame simply because Mises himself was…
“In college, you had certain career paths. There was law, medicine, that kind of thing. You didn’t get on the Lampoon in order to have a career in comedy because there were no careers in comedy.”…
FTT coins, the same coins that entitled owners to a third of FTX’s annual profits, initially fetched roughly .5 cents per. Wrapped in the latter, along with the recent private valuation of Anthropic…
