Will the Pundit Class Please Alert Business To Where All the ‘Free Money’ Is?
“Our company is thirty days from going out of business.” That’s the motto inside Nvidia, a company presently worth around $1.148 trillion.
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Essays
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
84 essays · Newest first
Clear filtersJavier Milei Needn’t ‘Dollarize’: Market Forces Have Done It for Him
Argentina is already “dollarized.” For Javier Milei to decree dollarization would be for him to insert the state into monetary policy.
What Happens When Monetarist Central-Planning Marries Santa Keynes
Keynesian theory says governments can grow the economy with spending, but that too much government spending causes inflation. Monetarism, a Keynesian variant, claims that increases in so-called…
Indifference Will Kill Off Social Security, Not a Lack of Money
Uncertainty about Social Security’s future is more of a political discussion than it is a discussion of actual market realities.
SVB Is All About 'Other People's Money' and 'You Trusted Us'
You don’t need to get an economics degree from Princeton to understand economics. In fact, it will likely imbue you with a dangerous level of self-importance and indoctrinate you with…
The Woke, Ingrate University of Richmond Leadership Should Give the Money Back
January 30, 2023 Mr. Kevin Hallock President of the University of Richmond 410 Westhampton Way, Richmond, VA 23173 Dear Mr. Hallock: One of the most basic tenets of our Judeo-Christian…
The Roman Empire Reminds Us That Confidence In the Currency Is Crucial
I am a people person, and always enjoy meeting new people, especially if we share the same passions. Sometimes fortuitous circumstances bring people with similar interests together, as what happened…
Lawyering Meant to Save You Money Is the Good Kind of Lawyering
I always think it is bad form to ask someone “what do you do” upon first meeting them. I usually make something up and tell them I am a toll booth operator or a Walmart greeter. However, when the…
Afghanistan Is a Symptom of a Government With Too Much Money
It was a night time firefight. In the jungle. Vietnam. The morning sunlight exposed the carnage from the night’s horror. The dead and blown up body parts lay scattered around the encampment. Ken…
Two Markets Diverge: TIPS, Gold & Growth
Gold has been highly correlated with real interest rates in the past. In particular the relationship between the 5 Year TIPS yield and gold has been very tight. This chart shows the 5 Year TIPS yield…
How About a New Bretton Woods?
This weekend President Bush will host an economic summit of the G-20 nations. This summit has been compared to the conference at Bretton Woods, NH that convened in 1944 to rebuild the global…
A Strong Dollar Will Reduce Oil Prices
In less than one month, oil prices have fallen nearly 22%. That drop happened during a period when our leaders in Washington accomplished exactly nothing of importance that could account for the…