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.…
“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…
What if the United States were really and truly a low-tax country whereby legislators, bound and dedicated to the Founders’ deep skepticism about government, made it their legislative aim to severely…
For an economy to grow, it’s necessary that capital reaches its highest perceived use as quickly as possible. From this seemingly trite statement of the obvious we can conclude that information…
The burden of government consumption is now, and frequently felt in gruesome, heartbreaking ways right now. The debt burden left behind to the sainted grandchildren is easy compared to what we’re…
An insatiable American work ethic is what attracts immigrants to the United States. So, when Americans lament the arrival of would-be workers, they’re in a very real sense yelling at themselves. Work…
The retirement outlook grows better by the day. That’s because we’re living much longer right as wealth inequality is poised to skyrocket. It’s a brilliant combination. For background, Wall Street…
Ben Sasse couldn’t care less where a cure comes from, he just wants to survive. Sasse didn’t tell me that, and he didn’t need to. His desire to live is all over his face, literally and figuratively.…
Market prices are arrived at through infinite decisions and actions taking place every millisecond of every day around the world. Capitalism is happily too fast for politicians and policy scholars…
U.S. workers are – by far – the most taxed workers in the world. Evidence supporting the previous claim can be found in $39 trillion worth of federal debt. Yet not everyone agrees. A recent report by…
“The U.S. has destroyed most of Iran’s navy and neutered what remains of it. Its air defenses no longer exist. Some large part of its ballistic missiles have been used, destroyed or damaged.” That’s…
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