Stephens disappointingly makes a case that the market’s vitality is a Federal Reserve thing. He quotes Sharma as saying in an interview that “When the price of borrowing money is zero, the price of everything else goes bonkers.”
Bret Stephens Unwittingly Suggests ‘They Didn’t Build That’ Read More »
Doctors still exist, but technology has happily freed them from a business model of old that allowed them to see and treat a tiny fraction of the individuals they could and will be able to treat in the future.
Doctors Didn’t Disappear, They’ve Happily Chosen to Earn More Read More »
The erasure of work won’t put mean we’re not working, but it will mean we’re working in ways that maximize our ability to showcase our unique skills and intelligence.
Beyond Prosperity, AI Will Imbue the World With Immense Dignity Read More »
Consumption is once again a consequence of reducing the tax burden on those (the rich) most penalized by taxes. No serious supply-sider would disagree with what’s just been said, which is why it’s more than odd that they near-unanimously are cheering for extension of the 2017 “Tax Cuts and Jobs Act” that, by the admission of those same supply siders, largely reduced the tax burden on middle and poor earners while increasing it on the rich. Let the vastly overrated tax bill die. The economy grew despite it
The Trump Tax Cuts Were Keynesian, Not Supply Side. Let Them Lapse Read More »
Janet Yellen asserted that “if we do not respond strategically and in a united way” to “China’s industrial policy,” the “viability of businesses in both our countries and around the world could be at risk.” She couldn’t have it more backwards.
Janet Yellen Is the Big Threat to the U.S. Economy, Not China Read More »
Lopez is the embodiment of the major risks Live Nation took to get where it is, and how perilous its status will always be given the massive uncertainty (remember Tower Records, Friday Night Videos, or MTV?) that’s always defined the music sector.
Jennifer Lopez Is a Reminder of the Huge Risks Live Nation Took Read More »
Talmon Joseph Smith and Jordyn Holman of the New York Times recently reported that “Over the past year, a series of indignant McDonald’s customers took to social media and posted receipts of orders they feel were overpriced.” Adding the empirical to the emotional, Smith and Holman note that since 2019 the price of a
On the Matter of Expensive Big Macs, McDonald’s Isn’t to Blame Read More »
Former attorney general William Barr is at it again with his overnight conversion to “monopoly” critic. He claims that if “allowed to dominate AI,” Microsoft, Google and Amazon “could reinforce and extend their supremacy over more of the economy.”
If They’re Talking ‘Monopoly,’ They Don’t Have a Clue What One Is Read More »
Live Nation’s reward for risking everything on an uncertain tomorrow is a lawsuit from a federal government eager to tear it town.
Phil Knight and Nike Enunciate the DOJ’s Fatuous Case Against Live Nation Read More »
It is of tremendous importance to push back against calls for more protectionism with China. Trade helps our economy, and it keeps us safe.
Trade Protectionism Helps Nobody—Not Even the Pandas Read More »
