Vladimir Lenin famously asserted that the “The capitalists will sell us the rope with which we will hang them.” Some conservatives are hiding behind Lenin’s quip to justify their latest big, encroaching government apostasy.
Cowardly Critics of TikTok Hide Behind Vladimir Lenin Read More »
For Bill Ackman to suggest that rising energy costs could “cause inflation to rise” is for the investor to flip causation. It’s the equivalent of the assertion that suntans cause the sun.
Quite Unlike His Investing Style, Bill Ackman’s Economics Scream Conventional Read More »
There was a time when it was accepted wisdom at the Hoover Institution that market interventions slowed economic output. How things change.
The Federal Reserve’s Challenge Is Economists, Not Too Much Growth Read More »
The minute anyone sets foot in the U.S. their value automatically rises thanks to massive investment directed at production processes here.
To Keep Foreigners From Driving Down Wages, Let Them In Read More »
Just as the U.S. economy collapsed when panicky politicians decided to fight a virus with lockdowns, so did China’s where abject stupidity was allowed to last even longer. The answer in China is the same as anywhere when it comes to growth. China’s critics are overcomplicating what isn’t.
A Lack of a Plan Is Just What China Needs In Order to Grow Read More »
It’s crucial that the CFPB’s rule be revisited very quickly. Meant to protect borrowers, what it will really do is make it much less likely that would-be borrowers will have access to credit at all.
The CFPB Unwittingly Puts a Bull’s Eye On Credit Card Users Read More »
As always, rising prices can’t cause inflation any more than falling prices can cause deflation. Both are currency phenomena born of currency instability either in the direction of weakness or strength.
Christopher Waller’s Inflation ‘Prescience’ Didn’t Much Exceed Lawrence Summers’s Read More »
As poets write China’s economic obituary, actual U.S. businesses are rapidly expanding in China. Whom are you going to trust?
The Blind Spots of the Critics of China’s ‘Tanking Economy’ Read More »
University of Exeter professor Marc-William Palen’s Pax Economica: Left-Wing Visions of a Free Trade World, is out. What a great book. While left wingers in the 19th century didn’t invent the natural act of trade, they had a tendency to embrace it as a way of avoiding war and imperialist tendencies.
Book Review: Marc-William Palen’s Crucial ‘Pax Economica’ Read More »
Critics of so-called “isolationism” claim a desire to stay out of conflicts like Ukraine are rooted in veneration for Donald Trump and/or Tucker Carlson, partisan disdain for Joe Biden, fear that the U.S. is too weak for global involvement, too broke, or that non-interventionists want to save money, bombs and bullets for the supposedly inevitable war with China over Taiwan.
Critics of ‘Isolationism’ Cherry-Pick the Worst Arguments For It Read More »
