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 »
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 »
The most powerful evidence that CEOs are vastly underpaid can be found in the failures whose pay so angers the easily instigated. In seeing what they were paid despite overseeing declining corporate valuations and fortunes, we see just how much uncaptured value the great CEOs bring.
Jamie Dimon and Brian Nicoll Show CEO’s are Underpaid Read More »
Trump’s assertion that “SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” is more pro-growth than the 2017 Keynesian cuts foisted on him by Paul Ryan.
There’s More Growth In Social Security Tax Cuts Than 2017 Cuts Read More »
Readers should save Greenwood and Hanke’s recent op-ed claiming monetarists predicted what they allege will be a recession.
The Obnoxious Conceit Behind ‘Recession’ Warnings Read More »
