Wall Street is the ultimate nonpartisan animal when it comes to making money, and the shorts are making their moves. Read More
ne of the earliest recorded crackdowns on a prediction market was a papal decree. In 16th-century Rome, bets on who would become the next... Read More
The jobs report for September was a tale of two surveys. The survey of employers was lousy: it showed only 46,000 private jobs added... Read More
Over the last few weeks, President Trump has crossed yet another Rubicon. No doubt encouraged by the Supreme Court’s very bad decision... Read More
"The next task for education reform isn't merely helping parents identify good schools but understanding what makes schools good." That's... Read More
Only if it dumps its developer-run government and focuses on putting wealth to good use Read More
Before the 2022 midterms, Americans were facing the worst inflation in 40 years, a collapse in real wages, the highest murder rate since the... Read More
Politicians on the right and left blame each other for sky-high housing costs. Meanwhile, young Americans are overlooking a proven path:... Read More
Some new names. Read More
Can a clean economy be built at the speed and scale that this moment demands? That was the question hanging over New York City as... Read More
When the United States and Israel attacked Iran in February, a temporary surge in oil prices was a given. Seven months on, with the... Read More
A former DOGE lead at the Department of the Interior describes Elon Musk's relentless work ethic and defends the team against media... Read More
After a plague ridden crusade left Venice deep in debt, the republic created the world's first bond market. Read More
There aren’t many good things that happen in a recession or a crisis, but Schumpeterian creative destruction is one of them. Read More
If AI gives us a lot more leisure time are we just going to sit on the couch? Read More
The numbers will amaze you - and the future amazes me. Read More
Startups are adamant that autonomous technology will solve the safety issues in the trucking industry, but many questions remain Read More
Only if the wheel stops spinning Read More
More countries are buying into a core piece of President Trump's argument about what is broken in global trade, even as his tariffs rattle... Read More
Commodities and cash were the only winners among the major asset classes in September. Read More
The AI wealth effect. Read More
By looking at the money that the Fed sends to the US Treasury each year, this explainer demonstrates how much these funds distort the... Read More
Inflation is still a problem no matter how you slice and dice the data. Read More
Wall Street equity analysts work in sector silos, and when you add up their forecasts, the numbers are internally inconsistent. Subscribe for... Read More
Investment bubbles are easy to spot but timing the top is incredibly difficult. Read More
Discounted raw materials from allies are not the same as imported finished goods from adversaries. Read More

Social Security’s rising costs restrain the growth of the federal government. Yes, you read that right. That’s why it would be a major blunder if deficit hawks and self-proclaimed limited government proponents get their wish to reform it. Don’t let them. To see why reform would be a big mistake, consider the meaning of the projected 2032 insolvency date for Social Security. This ... Read More
Without insider trading, the stock markets are blinded. Which means we need more insider trading. What's hard to fathom is why "insider trading" ever became a pejorative in the first place. Exactly because we want market prices to reflect reality, we should logically champion more trading by insiders. By their very description, they know best what's going on inside any corporation, what is p... Read More