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 »
The proliferation of air conditioning was a market response. A response to the intense human disdain for high heat and humidity.
Global Warmist Nostalgia For the Past Is Rejected by AC Read More »
According to University of Chicago economics professor Casey Mulligan, what he deems “inflation” was actually instigated by then Vice President Kamala Harris. Wow! Who knew VPs had so much power? Except that such flippancy isn’t fair to Mulligan.
Hoping Casey Mulligan Will Define His “Inflation” Terms 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 »
In the future, knowledge will become increasingly narrow as more and more of the global population gets to do the work and pursue the knowledge most associated with their unique skills and intelligence
A Remarkable Future Is Coming At Us Faster Than We Realize 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 »
“When goods don’t cross borders, soldiers will.” There’s no documented evidence that the great 19th century free thinker Frederic Bastiat penned or spoke the previous line, but it doesn’t really matter whether he did or didn’t. It really doesn’t even matter if Bastiat would have agreed with it or not, even though he likely
A Prosperous TikTok Is the Ultimate National Security for the U.S. Read More »
Young people naturally expect more, but precisely because they can, they’re increasingly free to pursue narrow specialties that uniquely elevate their earning capacity.
Now That Millennials Are Rich, Whom Will Pundits Pity Next? Read More »
