It’s raining here in LA. Not cool. I liked it much better when it never rained. LA is not too much fun in the rain. The sky is gray and it’s cool. I’ll go swimming anyway. Okay, get ready to…
The question of questions: Why did we have so much volatility in the financial markets in the Fall and early Winter? This was extreme volatility by any measure. The fact that it happened while the U.S. was in an extreme…
The question of questions: Why did we have so much volatility in the financial markets in the Fall and early Winter? This was extreme volatility by any measure. The fact that it happened while the U.S. was in an extreme…
Monday When I read this afternoon that President Donald J. Trump had settled on Larry Kudlow to replace Gary Cohn as his chief economic advisor, I felt light headed and I recalled a bit of Ancient History. Caligula, the supposedly…
Two months after Donald Trump signed the Tax Cuts and Jobs Act into law, and America is still standing. It’s a remarkable feat considering the left’s apocalyptic predictions that the tax cut would devastate the American economy. Not only is…
My father was the most reasonable man I have ever known. The most loving man I have ever known. He had a challenging life: father unemployed during most of the Great Depression. Shy. But brilliant beyond words. Entered Williams, the…
One of the painful realities of our times is how long a political lie can survive, even after having been disproved years ago, or even generations ago. A classic example is the phrase “tax cuts for the rich,” which is…
So, as the headline has it, begins the subtitle of John Tamny’s latest book, Who Needs the Fed? It might have been even more aptly titled The Emperor Has No Clothes. It explodes the myth that government agencies, especially the Federal Reserve System, can be a force for prosperity and with justice for all.