As a new year dawns, it’s customary to reflect on the past and set resolutions for the future. This year, let’s resolve to greet three widespread claims with healthy doses of skepticism. The first dubious claim is that income inequality…
Writing in the Diplomat, R. Evan Ellis, U.S. Army War College professor of Latin America research, warns about “China’s Growing Strategic Position in Nicaragua.” The Nicaraguan regime headed by Daniel Ortega is expanding trade with China and inviting more Chinese…
Milk is still expensive? You’re wrong. Can’t afford long trips? You’re wrong. You’ve lost customers? You’re wrong. Your company went bankrupt? You’re wrong. Can’t find anyone to invest in your business because of economic uncertainty? You’re wrong. Paul Krugman, my…
It’s hardly news that Americans are deeply dissatisfied with President Biden’s stewardship of the economy. The polls consistently show his approval rating well below 40 percent on this critical issue. Yet the President insists that this isn’t an accurate reflection…
The U.S. Census Bureau announced Tuesday that poverty rates have spiked, more than doubling among children. However, the White House is determined to assign blame anywhere other than Bidenomics. Rather than recognizing that rampant inflation has had a massive impact…
Last week, Donald Trump volunteered that he would not reappoint Jerome Powell as chairman of the Federal Reserve. This seems a defensible point. His reasons, at least from a conservative perspective, find no defense. “I felt that he was not…
Modern market economies are marked by a relentless quest for efficiency. In every area of economic endeavor, along all segments of the value chain, and within each function of increasingly complex commercial organizations, greater efficiency equates to increased profits and…
Disney’s ESPN is in for a world of hurt in the coming years, and it’s not entirely clear how they can avoid the red. Still profitable, the network is nonetheless stuck, with shrinking revenue and a hostile outlook. While those…
In May I visited Monterey in California for a conference. Knowing that it is the heart of John Steinbeck country, I grabbed a beat-up copy of Travels With Charley a couple weeks before the trip. The book is a page turner…
