-
Jun 29, 2022
What’s the economic impact of lifting $20 from the person next to you on a Manhattan subway, only for you to exit the train at the next stop in order to spend it? Unless...
-
Jun 28, 2022
It’s too easily forgotten by the deep and not-so-deep in thought that production is all about the getting. Goods and services always flow. Everywhere. Without regard to...
-
Jun 27, 2022
The 'experts' don't know what they're talking about.
-
Jun 23, 2022
Mitch Mustain, Whitney Lewis, and Lance Pavlas. What do the names mean to you? Most likely nothing, though if you’re a college football fan they likely ring a bell. All three...
-
Jun 21, 2022
Recently a judge or someone in power in California defined a bee as a fish. It was something like that, though if not exactly that, it realistically doesn’t matter. Markets...
-
Jun 20, 2022
Scarcity as a driver of soaring value has to be one of the most overrated notions in economics.
-
Jun 16, 2022
Back before Facebook was a public company, founder Mark Zuckerberg had a bit of a reputation with venture capitalists. He would show up to meetings in shorts, flip flops, and with...
-
Jun 15, 2022
As most are aware, the various cryptocurrencies are in correction mode at present. Some of this is rooted in a reality discussed in this column a few weeks ago about why these...
-
Jun 14, 2022
A recent story in the New York Times by Oscar Lopez and Alejandro Cegarra told of “one of the largest caravans seeking to reach the United States in recent years.”...
-
Jun 13, 2022
“Much of the security of person and property in modern nations is the effect of manners and opinion rather than of law.” – John Stuart Mill, Principles of Political...
-
Jun 10, 2022
A discussion of the billionaire's memoirs.
-
Jun 9, 2022
Government spending is a tax. Let’s get what’s obvious out of the way. And this isn’t a comment about deficits versus surpluses. A focus on either is the stuff of...
-
Jun 7, 2022
"Come in this place, you don’t know if you’re coming out. And if you do you might be missing an arm or eye or leg. Do something for...
-
Jun 6, 2022
There's nothing worse than being obvious.
-
Jun 4, 2022
“Despite strong levels of vaccination among older people, Covid killed them at vastly higher rates during this year’s Omicron wave than it did last year, preying on long...
-
Jun 1, 2022
In his masterful two-book history about Ronald Reagan and his times, titled The Age of Reagan, Steven Hayward wrote of the dollar’s notable move upward on November 5, 1980, the...
-
May 30, 2022
The wealth unequal are by their descriptor remarkable.
-
May 27, 2022
Tesla founder Elon Musk plans to purchase Twitter. He has an “absolutist” approach to free speech and announced that he plans to vote Republican in upcoming elections. Does the...
-
May 26, 2022
It’s been eclipsed by his subsequent entrepreneurial achievements, but Elon Musk has a banking background. Before he brought his talents to the U.S., he was going to school at...
-
May 25, 2022
It’s a presidential tradition that serious, tier one candidates for the office speak at the Detroit Economics Club. Young people must wonder why since Detroit is almost never...
-
May 24, 2022
“Decent housing is an effect of middle class values, not a cause.” – George Gilder, Wealth & Poverty, p. 93
“I even hated him more because I knew he could...
-
May 24, 2022
Legal Analyst Seth Berenzweig and Real Clear Markets columnist John Tamny discuss inflation and the Fed
-
May 23, 2022
A headline at Forbes.com last week indicated rising layoffs at Silicon Valley start-ups that are said to foretell a "quiet summer" for venture capitalists. On the same day, an A1...
-
May 21, 2022
The market speculation that is Bitcoin has risen to prominence for a variety of reasons, but it’s not unreasonable to say that the dollar, euro, yen, pound, yuan (or name your...
-
May 19, 2022
Upon return from a family vacation three summers ago, economist Ike Brannon remarked at a subsequent lunch about an individual at the resort who was almost literally covered in...
-
May 18, 2022
While he was president the dollar fell 27 percent against the euro, and 25 percent against the British pound. Who was this president? It has to be Joe Biden, right? Figure that...
-
May 17, 2022
Last week Federal Reserve Chairman Jerome Powell warned of looming "pain" from the Fed's fight against inflation. Such an assertion, or observation, or excuse is foolish (and...
-
May 16, 2022
A country that can direct $40 billion to Ukraine has the capacity to do a lot of stupid things.
-
May 14, 2022
The dollar is the most important price in the world. Former Fed Vice Chairman Manuel Johnson asserts the latter in his book on monetary policy, though one gets the feeling he...
-
May 12, 2022
In Michael Ovitz’s very excellent 2018 memoir (review here) Who Is Michael Ovitz, the entertainment legend provided fascinating insight into why CAA was much more than a talent...
-
May 11, 2022
It’s too easily forgotten that when Ronald Reagan sought the Republican nomination for president in 1980, the view even in his own Party was that the tax cuts he desired were...
-
May 10, 2022
In a recent weekend interview with the Wall Street Journal, Hoover Institution senior fellows John Cogan and Kevin Warsh concluded with the properly optimistic, and laudable...
-
May 9, 2022
Wise minds will look beyond a Fed that’s logically not the story right now, and that realistically never was.
-
May 6, 2022
Two days before Prince William married Kate Middleton on April 29, 2011, John Berlau published an opinion piece in the Wall Street Journal hailing Middleton as “The...
-
May 4, 2022
It’s accepted wisdom that supply and demand sits at the center of all economic thought. Figure that prices are what organize a market economy, at which point it’s only...
-
May 3, 2022
Were he around, Adam Smith would marvel. All this talk of a “strong,” “weak,” or as is often said lately, a “mighty” dollar. Wait, what? Money...
-
May 2, 2022
Reasoned people will ignore what makes no sense, but that both Democrat and Republican partisans routinely focus on in order to score cheap political points that have nothing to do...
-
May 2, 2022
Legal analyst Seth Berenzweig is joined by RealClear Markets and Forbes writer John Tamny
-
Apr 28, 2022
“I spent my career as an academic studying great depressions. I can tell you from history that if we don’t act in a big way, you can expect another great depression, and...
-
Apr 27, 2022
At its height as the world’s most prominent sports magazine, and realistically one of the world’s most prominent magazines regardless of genre, Sports Illustrated (SI)...
-
Apr 26, 2022
It was 1999 at Goldman Sachs, and a senior person in its private bank was asked what he was recommending his very rich clients buy. He replied that they should purchase AOL, and hold...
-
Apr 25, 2022
When it comes to economics and the high IQ types who populate the profession, what’s ridiculous is the faux science’s daily bread.
-
Apr 23, 2022
In a piece published last month, Washington Post columnist Dana Milbank lashed out at Koch Industries as a “recidivist corporate offender” that had earned a...
-
Apr 21, 2022
The late J.R. Richard was a Major League Baseball phenomenon of the 1970s for the Houston Astros. If the radar guns were accurate, no one’s fastball traveled faster than...
-
Apr 19, 2022
On March 23rd it was announced that buyers from “unfriendly countries” would provide rubles in return for Russian gas, instead of the traditional U.S. dollar. Eventually...
-
Apr 18, 2022
Market forces will run circles around the central-planning fantasies of economists.
-
Apr 14, 2022
“During those days he stood still for such disastrous fatuities as Franklin Roosevelt’s impetuous call for unconditional surrender, a rhetorical fillip which in the...
-
Apr 12, 2022
The Power Law is the title of Sebastian Mallaby’s spectacular history of venture capital (review here). For those who haven’t read it, they would be wise to....
-
Apr 11, 2022
When we want something, let’s put our wealth to work as opposed to running to Washington for help.
-
Apr 7, 2022
Every so often Cato Institute co-founder Ed Crane reminisces about the early days of libertarianism, and in particular the make-up of the movement as gatherings began taking place....
-
Apr 6, 2022
From when Elon Musk was very young he “plotted an escape from his surroundings and dreamed of a place that would allow his personality and dreams to flourish.” Those are...
-
Apr 5, 2022
Political discourse would be much less nauseating if politicians weren’t so obnoxious as to talk incessantly about “creating jobs.” They can do no such thing.
On...
-
Apr 4, 2022
Reality always intrudes on attempts to deceive.
-
Apr 2, 2022
Legal analyst Seth Berenzweig is joined by RealClear Markets and Forbes writer John Tamny
-
Mar 31, 2022
The economic discussion would be greatly improved if it were passably understood that what we call “the economy” isn’t some living, breathing machine that can be...
-
Mar 30, 2022
About the great Fred Smith (founder and CEO of FedEx), there are more than a few stories that have followed him over the decades. Particularly as the star of what was formerly...
-
Mar 29, 2022
“You have to be kidding me.” Those were the words uttered with obvious incredulity to Martin Eberhard and Marc Tarpenning, the original founders of Tesla Motors. They...
-
Mar 28, 2022
President Nixon's hand was in no way forced.
-
Mar 24, 2022
In a phone call with prominent investor Richard Strong about fourteen months ago, he asked me my thoughts on Elon Musk. While I didn’t have deep or detailed opinions on the...
-
Mar 22, 2022
For those who remember the 1980s, it’s not unreasonable to speculate that they remember the great Robin Leach. He was one of the faces of the mis-named “Decade of...
-
Mar 21, 2022
Leave it to economists to blame finance, as opposed to government, for inflation.
-
Mar 17, 2022
The Berenstain Bears is a collection of “First Time Books” with a devoted following among young kids, along with parents who used to be young, and who used to be devoted...
-
Mar 16, 2022
When and how did it happen? How did the definition of inflation become so deformed over the decades? It used to be easily and properly understood as a decline in the unit of account;...
-
Mar 15, 2022
In the Spring of 2017, the Whole Foods located in Washington, D.C.’s Glover Park neighborhood shut down ahead of plans for major renovations. The problem was that the...
-
Mar 14, 2022
It cannot be stressed enough how exceedingly bright the future is as billions of “hands” join the work force.
-
Mar 11, 2022
In 2013 the Wall Street Journal’s Gregory Zuckerman published The Frackers (my review here), a rather laudatory account of the intrepid ways of America’s modern...
-
Mar 10, 2022
In 1981, Cato Institute co-founder Ed Crane traveled to the Soviet Union with his fellow co-founder, industrialist Charles Koch. Crane subsequently wrote a long-form essay about his...
-
Mar 9, 2022
“COVID Has Killed One of Every 100 Older Americans.” The previous headline made the front page of the New York Times in mid-December of 2021. In the subhead it was noted...
-
Mar 8, 2022
In 1815, Great Britain could claim government debt that was 261% of GDP. Did inflation ensue? No. The pound was tied to gold.
In 1945, war spending had U.S. federal debt well north...
-
Mar 7, 2022
Government “doing something” is almost by definition government acting incompetently.
-
Mar 3, 2022
In his endlessly excellent 1981 book The Economy In Mind, the late, great Warren Brookes told the story of an economist clearing customs at JFK Airport in the malaise-ridden, late...
-
Mar 1, 2022
The U.S. dollar and other credible global currencies bring new meaning to fungible, as does finance itself.
-
Mar 1, 2022
"I can't think of a single, major innovation coming from experts in the last thirty, forty years. Think about it, isn't that stunning?" – Vinod Khosla
Back in the 1980s when an...
-
Feb 28, 2022
Gold came to define money not by magic, but due to market forces.
-
Feb 25, 2022
“Putin changed when I was president. Early on, Russia was broke and he wanted help, and I thought he was going to promote a civil society that enabled people to have a big say...
-
Feb 24, 2022
“All progress depends on the unreasonable man.” – George Bernard Shaw
Back when future Hall of Fame coach Bill Belichick was a former head coach after a largely...
-
Feb 23, 2022
No business ever runs out of money. This is true even of businesses that routinely lose money. As evidenced by the high failure rate in Silicon Valley, the oil patch, and in the...
-
Feb 22, 2022
Last week President Biden asserted in rather eye-opening fashion that he "grew up in a family where the price at the pump was felt in the kitchen.” Except that President Biden...
-
Feb 21, 2022
It’s not if the inflation problem will be solved, but which political party will wake up to what is good economic policy, and by extension brilliant politics.
-
Feb 18, 2022
Up front, there are many people who knew P.J. O’Rourke much better than I did. Based on that, it’s arguable that a tribute by me isn’t merited. My response is that...
-
Feb 17, 2022
“It is a fact that man can’t fly.” That’s what a Washington Post editorial confidently asserted in the early days of the 20th century. Please imagine the...
-
Feb 15, 2022
It’s one of those myths that just won’t die. Those interested in the economy are well aware of it, but most often are unaware that it's a myth. It’s the one about...
-
Feb 14, 2022
The future is opaque precisely because the improbable invariably defines it.
-
Feb 11, 2022
It’s accepted wisdom among the mildly sentient that prices are the way that a market economy organizes itself. Without the price mechanism, producers are blinded on the matter...
-
Feb 10, 2022
It’s perhaps easily forgotten that Bill Belichick’s record during his first head coaching stint with the Cleveland Browns was 36-44, and among other things, included a...
-
Feb 8, 2022
“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.” That’s what Treasury secretary Andrew Mellon is said to have told President...
-
Feb 7, 2022
The Federal Reserve prizes consensus above all else, which raises the question why Left and Right are so afraid of opposing viewpoints at the central bank.
-
Feb 4, 2022
A close friend who has few peers when it comes to belief in limited government has a problem: he’s not sure what news channel – if any – to watch. While the views...
-
Feb 3, 2022
Detroit has hosted the Super Bowl twice. Once in 1982, and once in 2000. Each time there was the routine commentary about how free-spending attendees would lift the Motor...
-
Feb 1, 2022
“My little book proposal was met with almost no excitement until I became, for a couple of weeks, the headline in the story.” Those are the words of the very excellent...
-
Jan 31, 2022
In a world of globalized capital in search of a wide range of returns, central bank fiddling brings new meaning to meaningless.
-
Jan 27, 2022
I once asked actor Jay Karnes (FX’s The Shield, among others) if he had any designs on directing. He looked at me sarcastically, only to say he would much prefer to have a...
-
Jan 26, 2022
A free-ranging talk about his new book, American Happiness and Its Discontents.
-
Jan 25, 2022
Every so often it’s useful to remember for readers the dismissive line from John Maynard Keynes about his numerous disciples in the economics profession. Asked admiringly about...
-
Jan 24, 2022
Growth spasms that will end the cruel currency devaluations that are as old as money is.
-
Jan 24, 2022
Government intervention can never grow an economy.
-
Jan 20, 2022
In his 2014 memoir, One Lucky Bastard (review: here), the late Roger Moore wrote of his first introduction in 1939 to the then obscure television. Rest assured it wasn’t...
-
Jan 18, 2022
In his recently released book The Cloud Revolution, Mark Mills relayed to readers the remarkable fact that “it is one thousand times cheaper to light up a room today than it...
-
Jan 17, 2022
The U.S. dollar and other credible global currencies bring new meaning to fungible, as does finance itself.
-
Jan 13, 2022
P.J. O’Rourke long ago quipped that what really ended the Cold War was Bulgarian blue jeans. One bets he was being somewhat tongue-in-cheek, but the brilliant satirist had a...
-
Jan 11, 2022
Some would say it’s the education system’s failings, but the view here is that confusion is a bullish signal of prosperity. Staggering amounts of it enable the kind of...
-
Jan 10, 2022
Historians will marvel at how taken economic types were by an entity so irrelevant to actual credit access.
-
Jan 4, 2022
"They should have their passports stamped right away." That's what Cato Institute co-founder Ed Crane once remarked about Cuban refugees who had navigated shark-infested waters to...
-
Jan 3, 2022
By its very name, government spending is an economic somnolent.
Jun 29, 2022What’s the economic impact of lifting $20 from the person next to you on a Manhattan subway, only for you to exit the train at the next stop in order to spend it? Unless...
Jun 28, 2022It’s too easily forgotten by the deep and not-so-deep in thought that production is all about the getting. Goods and services always flow. Everywhere. Without regard to...
Jun 27, 2022The 'experts' don't know what they're talking about.
Jun 23, 2022Mitch Mustain, Whitney Lewis, and Lance Pavlas. What do the names mean to you? Most likely nothing, though if you’re a college football fan they likely ring a bell. All three...
Jun 21, 2022Recently a judge or someone in power in California defined a bee as a fish. It was something like that, though if not exactly that, it realistically doesn’t matter. Markets...
Jun 20, 2022Scarcity as a driver of soaring value has to be one of the most overrated notions in economics.
Jun 16, 2022Back before Facebook was a public company, founder Mark Zuckerberg had a bit of a reputation with venture capitalists. He would show up to meetings in shorts, flip flops, and with...
Jun 15, 2022As most are aware, the various cryptocurrencies are in correction mode at present. Some of this is rooted in a reality discussed in this column a few weeks ago about why these...
Jun 14, 2022A recent story in the New York Times by Oscar Lopez and Alejandro Cegarra told of “one of the largest caravans seeking to reach the United States in recent years.”...
Jun 13, 2022“Much of the security of person and property in modern nations is the effect of manners and opinion rather than of law.” – John Stuart Mill, Principles of Political...
Jun 10, 2022A discussion of the billionaire's memoirs. 
Jun 9, 2022Government spending is a tax. Let’s get what’s obvious out of the way. And this isn’t a comment about deficits versus surpluses. A focus on either is the stuff of...
Jun 7, 2022"Come in this place, you don’t know if you’re coming out. And if you do you might be missing an arm or eye or leg. Do something for...
Jun 6, 2022There's nothing worse than being obvious.
Jun 4, 2022“Despite strong levels of vaccination among older people, Covid killed them at vastly higher rates during this year’s Omicron wave than it did last year, preying on long...
Jun 1, 2022In his masterful two-book history about Ronald Reagan and his times, titled The Age of Reagan, Steven Hayward wrote of the dollar’s notable move upward on November 5, 1980, the...
May 30, 2022The wealth unequal are by their descriptor remarkable.
May 27, 2022Tesla founder Elon Musk plans to purchase Twitter. He has an “absolutist” approach to free speech and announced that he plans to vote Republican in upcoming elections. Does the...
May 25, 2022It’s a presidential tradition that serious, tier one candidates for the office speak at the Detroit Economics Club. Young people must wonder why since Detroit is almost never...
May 24, 2022“Decent housing is an effect of middle class values, not a cause.” – George Gilder, Wealth & Poverty, p. 93 “I even hated him more because I knew he could...
May 24, 2022Legal Analyst Seth Berenzweig and Real Clear Markets columnist John Tamny discuss inflation and the Fed
May 23, 2022A headline at Forbes.com last week indicated rising layoffs at Silicon Valley start-ups that are said to foretell a "quiet summer" for venture capitalists. On the same day, an A1...
May 21, 2022The market speculation that is Bitcoin has risen to prominence for a variety of reasons, but it’s not unreasonable to say that the dollar, euro, yen, pound, yuan (or name your...
May 18, 2022While he was president the dollar fell 27 percent against the euro, and 25 percent against the British pound. Who was this president? It has to be Joe Biden, right? Figure that...
May 17, 2022Last week Federal Reserve Chairman Jerome Powell warned of looming "pain" from the Fed's fight against inflation. Such an assertion, or observation, or excuse is foolish (and...
May 16, 2022A country that can direct $40 billion to Ukraine has the capacity to do a lot of stupid things.
May 14, 2022The dollar is the most important price in the world. Former Fed Vice Chairman Manuel Johnson asserts the latter in his book on monetary policy, though one gets the feeling he...
May 11, 2022It’s too easily forgotten that when Ronald Reagan sought the Republican nomination for president in 1980, the view even in his own Party was that the tax cuts he desired were...
May 10, 2022In a recent weekend interview with the Wall Street Journal, Hoover Institution senior fellows John Cogan and Kevin Warsh concluded with the properly optimistic, and laudable...
May 9, 2022Wise minds will look beyond a Fed that’s logically not the story right now, and that realistically never was.
May 4, 2022It’s accepted wisdom that supply and demand sits at the center of all economic thought. Figure that prices are what organize a market economy, at which point it’s only...
May 3, 2022Were he around, Adam Smith would marvel. All this talk of a “strong,” “weak,” or as is often said lately, a “mighty” dollar. Wait, what? Money...
May 2, 2022Reasoned people will ignore what makes no sense, but that both Democrat and Republican partisans routinely focus on in order to score cheap political points that have nothing to do...
Apr 27, 2022At its height as the world’s most prominent sports magazine, and realistically one of the world’s most prominent magazines regardless of genre, Sports Illustrated (SI)...
Apr 26, 2022It was 1999 at Goldman Sachs, and a senior person in its private bank was asked what he was recommending his very rich clients buy. He replied that they should purchase AOL, and hold...
Apr 25, 2022When it comes to economics and the high IQ types who populate the profession, what’s ridiculous is the faux science’s daily bread.
Apr 23, 2022In a piece published last month, Washington Post columnist Dana Milbank lashed out at Koch Industries as a “recidivist corporate offender” that had earned a...
Apr 19, 2022On March 23rd it was announced that buyers from “unfriendly countries” would provide rubles in return for Russian gas, instead of the traditional U.S. dollar. Eventually...
Apr 12, 2022The Power Law is the title of Sebastian Mallaby’s spectacular history of venture capital (review here). For those who haven’t read it, they would be wise to....
Apr 11, 2022When we want something, let’s put our wealth to work as opposed to running to Washington for help.
Apr 6, 2022From when Elon Musk was very young he “plotted an escape from his surroundings and dreamed of a place that would allow his personality and dreams to flourish.” Those are...
Apr 5, 2022Political discourse would be much less nauseating if politicians weren’t so obnoxious as to talk incessantly about “creating jobs.” They can do no such thing. On...
Apr 4, 2022Reality always intrudes on attempts to deceive.
Apr 2, 2022Legal analyst Seth Berenzweig is joined by RealClear Markets and Forbes writer John Tamny
Mar 30, 2022About the great Fred Smith (founder and CEO of FedEx), there are more than a few stories that have followed him over the decades. Particularly as the star of what was formerly...
Mar 29, 2022“You have to be kidding me.” Those were the words uttered with obvious incredulity to Martin Eberhard and Marc Tarpenning, the original founders of Tesla Motors. They...
Mar 22, 2022For those who remember the 1980s, it’s not unreasonable to speculate that they remember the great Robin Leach. He was one of the faces of the mis-named “Decade of...
Mar 21, 2022Leave it to economists to blame finance, as opposed to government, for inflation.
Mar 16, 2022When and how did it happen? How did the definition of inflation become so deformed over the decades? It used to be easily and properly understood as a decline in the unit of account;...
Mar 15, 2022In the Spring of 2017, the Whole Foods located in Washington, D.C.’s Glover Park neighborhood shut down ahead of plans for major renovations. The problem was that the...
Mar 14, 2022It cannot be stressed enough how exceedingly bright the future is as billions of “hands” join the work force.
Mar 11, 2022In 2013 the Wall Street Journal’s Gregory Zuckerman published The Frackers (my review here), a rather laudatory account of the intrepid ways of America’s modern...
Mar 7, 2022Government “doing something” is almost by definition government acting incompetently.
Mar 1, 2022"I can't think of a single, major innovation coming from experts in the last thirty, forty years. Think about it, isn't that stunning?" – Vinod Khosla Back in the 1980s when an...
Feb 25, 2022“Putin changed when I was president. Early on, Russia was broke and he wanted help, and I thought he was going to promote a civil society that enabled people to have a big say...
Feb 23, 2022No business ever runs out of money. This is true even of businesses that routinely lose money. As evidenced by the high failure rate in Silicon Valley, the oil patch, and in the...
Feb 22, 2022Last week President Biden asserted in rather eye-opening fashion that he "grew up in a family where the price at the pump was felt in the kitchen.” Except that President Biden...
Feb 18, 2022Up front, there are many people who knew P.J. O’Rourke much better than I did. Based on that, it’s arguable that a tribute by me isn’t merited. My response is that...
Feb 15, 2022It’s one of those myths that just won’t die. Those interested in the economy are well aware of it, but most often are unaware that it's a myth. It’s the one about...
Feb 14, 2022The future is opaque precisely because the improbable invariably defines it.
Feb 11, 2022It’s accepted wisdom among the mildly sentient that prices are the way that a market economy organizes itself. Without the price mechanism, producers are blinded on the matter...
Feb 8, 2022“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.” That’s what Treasury secretary Andrew Mellon is said to have told President...
Feb 7, 2022The Federal Reserve prizes consensus above all else, which raises the question why Left and Right are so afraid of opposing viewpoints at the central bank.
Feb 4, 2022A close friend who has few peers when it comes to belief in limited government has a problem: he’s not sure what news channel – if any – to watch. While the views...
Feb 1, 2022“My little book proposal was met with almost no excitement until I became, for a couple of weeks, the headline in the story.” Those are the words of the very excellent...
Jan 31, 2022In a world of globalized capital in search of a wide range of returns, central bank fiddling brings new meaning to meaningless.
Jan 26, 2022A free-ranging talk about his new book, American Happiness and Its Discontents. 
Jan 25, 2022Every so often it’s useful to remember for readers the dismissive line from John Maynard Keynes about his numerous disciples in the economics profession. Asked admiringly about...
Jan 24, 2022Growth spasms that will end the cruel currency devaluations that are as old as money is.
Jan 24, 2022Government intervention can never grow an economy.
Jan 20, 2022In his 2014 memoir, One Lucky Bastard (review: here), the late Roger Moore wrote of his first introduction in 1939 to the then obscure television. Rest assured it wasn’t...
Jan 18, 2022In his recently released book The Cloud Revolution, Mark Mills relayed to readers the remarkable fact that “it is one thousand times cheaper to light up a room today than it...
Jan 17, 2022The U.S. dollar and other credible global currencies bring new meaning to fungible, as does finance itself.
Jan 11, 2022Some would say it’s the education system’s failings, but the view here is that confusion is a bullish signal of prosperity. Staggering amounts of it enable the kind of...
Jan 10, 2022Historians will marvel at how taken economic types were by an entity so irrelevant to actual credit access.
Jan 4, 2022"They should have their passports stamped right away." That's what Cato Institute co-founder Ed Crane once remarked about Cuban refugees who had navigated shark-infested waters to...
Jan 3, 2022By its very name, government spending is an economic somnolent.