The U.S. could be 100% bereft of “rare earths” while at war with and embargoed by rare earth rich China, but we’d still have all the rare earths we want stateside, and as though they were all sourced here. It’s simple because economics is simple. To see why all the rare earth hysteria is […]
Short of Hoarding, China Can’t Keep ‘Rare Earths’ Out of the U.S. Read More »
As reported in The Deficit Delusion, Sam Altman and other Silicon Valley giants are in the midst of a bet. It concerns not if, but when the first one-man “unicorn” will reveal itself. Altman and friends’ wager is useful to keep in mind as demographic experts promote the narrative that China faces a troubled economic future
The China and U.S. Birthrate “Crisis” Is Much Ado About Nothing Read More »
Central planning fails, always and everywhere. Leo Tolstoy wasn’t the first to see this, but he provided readers with one of the best articulations of the previous truth in War and Peace. In it, Tolstoy rejected all the “great man” theories of war. He’d seen war up close, and knew that the natural human instinct
The Iran Discussion Would Be Lots Improved By a Little Tolstoy Read More »
Oil is the most important commodity in the world when it comes to human flourishing, and nothing else comes close. Stop and think about how intensely inconvenient and impoverished life would be without the goods and services made possible by oil, along with the remarkable advances in work productivity that never would have happened
The Rise of DeepSeek Is Unreservedly Bullish For the U.S. Read More »
