There’s production and nothing else, with government spending, government borrowing, money in circulation, and interest rate levels an effect of the production… Continue reading on Forbes.
To reference Neil Sedaka, who recently died at age 86, is to age oneself. Some of Sedaka’s most famous songs (“Laughter In the Rain,” “Breaking Up Is Hard To Do,” and “Love Will Keep Us Together”)…
When’s the last time you held a newspaper in your hands? Tick tock, tick tock… The question you’re contemplating comes from someone who daily reads the print editions of the Wall Street Journal, New…
Ronald Reagan was a terrible president for “American oil.” He had nothing against crude, but Reagan did favor reversing the weak dollar policies embraced by Presidents Nixon and Carter in the 1970s,…
Netflix won by “losing” the bidding war for Warner Brothers Discovery (WBD). The victory can be found in contemplating what Netflix was going to get in return for its purchase of WBD. It wasn’t an…
Elon Musk only takes big leaps. It’s a reasonable bet that there’s no laddered, tax-free, municipal bond aspect to his investment portfolio. Musk is an enemy of government waste, not a subsidizer of…
The ambitious of all stripes flock to where the economic growth is. Which is no insight. Where growth is greatest, so are wages. Consider what you’ve just read in relation to the photo attached to…
A recent above the fold, front-page headline at the New York Times asserted that “Reliance on Taiwan Chips Endangers U.S. Economy.” The article’s subhead added that “Big Tech Has Done Little to Heed…
In 1981, and while trying to get the tax cuts he favored passed by Congress, Ronald Reagan joked about getting shot again to move public opinion in his direction, and by extension, congressional…
Why were there no billionaires in the 19th century? Tick tock, tick tock… No doubt those with an Austrian or Monetarist School bent would say that the scarcity of billionaires was rooted in a lack of…
Scholars at Brookings, Cato, Hoover, along with adjacent pundits, have been promising a “crisis” related to the national debt for decades. Despite so many of the wise so routinely and confidently…
The frequently excellent Bret Stephens was thrilled about Secretary of State Marco Rubio’s elevation of Western civilization in his Munich Security Conference speech last week. Stephens desires a…
Social Security is not going bankrupt, and by extension benefits won’t be cut. Not now, not in four years, not in forty. The irony in all of this is that existing and future retirees wouldn’t much…
According to the New York Times, global warming isn’t a threat. About what you just read, the Times didn’t acknowledge the latter as much as it implied it. In a recent article, the Times reported…
West Virginia’s relative poverty isn’t an effect of California’s enormous wealth. The better way to look at it is to consider how much poorer the Mountain State would be minus all the advances…
The rich of tomorrow will happily be quite a bit richer than today’s rich. That’s because the proliferation of AI meant to do and think for us will unearth superhuman qualities in a growing number of…
If “the border” informs your thoughts about immigration, then your mind is wandering. Seriously, how often have you crossed the border (on foot, no less) to go to work in or visit any other city,…
People travel from around the world to visit Brooklyn. The “outer borough” formerly known as “Crooklyn” is increasingly a destination for travelers the world over. As David Ibsen, executive director…
Ed Crane lived a big life. Some will see the previous statement as an obvious one, and one made evident by the fact that Ed, along with Charles Koch, founded the Cato Institute, the world’s foremost…
The U.S. economy would be a fraction of its incredibly vibrant self if investors truly keyed on “quarterly earnings.” Amazon and Google continue to show us why. For background, in the 1970s the cable…
The national debt will continue to soar. Bank on it. See Holman Jenkins’s column from last week for evidence. He wrote in the Wall Street Journal that “The U.S. won’t deal with its looming debt…
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