Donald Trump and Kamala Harris have both said that if elected president, they will block Nippon Steel’s planned, $14.9 billion acquisition of U.S. Steel. They’re not being leaders.
U.S. Steel: Trump and Harris Are Being Led, Not Leading Read More »
According to Ip and GDP, savings are a global problem. For the countries in receipt of the savings. The inflow of capital quite literally brings down GDP. Yes, the more one looks at GDP the dumber it gets.
The More You Look at GDP, the Dumber It Gets Read More »
Freedom lovers will love what’s ahead because inequality is the surest sign (and feature) of freedom, and also the most certain sign that former luxuries are being made commonplace. As always, the kids being born today are so very lucky.
Royal Caribbean’s Utopia of the Seas Is a Monument to Fed Irrelevance Read More »
Coco Cay, Bahamas – Royal Caribbean’s Utopia of the Seas cruise ship had its maiden voyage just last month. Construction of what exceeds 1,100 feet in length took place in Saint-Nazare, France, but it’s more realistic to say that this monument to the vastness of the human imagination was produced around the world. And
It ‘Took a World’ to Create Royal Caribbean’s ‘Utopia of the Seas’ Read More »
Without accurate information in the form of prices, markets can’t function. As evidenced by RealPage’s prominence in the apartment software space, including what some deem “monopoly,” the market long lacked what RealPage is crucially offering.
Without RealPage, Apartment Rents Will Remain Nosebleed Read More »
Commenting on Twitter recently, Elon Musk wrote that inflation “is caused by the Federal government spending more than it earns, because they just print more money to make up the difference.”
Elon Musk’s Explanation of Inflation Is Sadly Contradictory Read More »
The main thing is that the problems with CPI extend well beyond the known demerits. Prices are at best a reflection of the actual inflation, which means CPI is a distant look back to what market participants already intuitively know, only for them to suffer government intervention on top of the initial devaluation error by governments lacking monetary price rules.
The CPI Is a Long Look Into the Distant Past Read More »
Quick: what will people do for a living in the future? How will market goods be transported to increasingly acquisitive and impatient customers? How will law enforcement protect people if a booming economy makes working in the sector a fool’s errand?
Sens. Rick Scott and Jon Tester Suffocate Discovery of the Future Read More »
Pundits on the right and editorial boards have rightly made sport of Kamala Harris’s calls for price controls. They don’t work. Settled science.
How Did Conservatives Get the Idea That Price Controls Whip Inflation? Read More »
Tipping has gotten a bad rap of late. Lots of op-eds and commentary more broadly from left and right about tips, and perhaps worse, the expectation of tips.
The Unsung Genius of the Rise of Tipping Culture Read More »
