My son sent me a link the other day to a isidewith.com to see who I would vote for. You are allowed to weight the questions according that issue’s importance to you, which ostensibly will lead to a more accurate assessment of who you support based on their positions. I came down solidly on the […]
Archives
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How you frame the question means a lot
31 Aug 2016
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When asked how one could tell whether a country had left capitalism and become a socialist economy, the Austrian economist Ludwig Von Mises said: “A stock market is crucial to the existence of capitalism and private property. For it means that there is a functioning market in the exchange of private titles to the means of […]
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Dem’s have annointed their choice for our elite ruler, Republicans have theirs. Which elite do you want?
27 Jul 2016
It’s a frustrating choice to be sure, but let’s take a few minutes to think about what Mr. Trump and Mrs. Clinton have in common. At root, they and their supporters think they have the right to direct our lives in very important ways. They differ, of course, in the specifics of how they want […]
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Am I the only one who sees the cognitive disconnect between the Democrats saying that there is no indication that the Russians (or Chinese) had access to Mrs. Clinton’s private server, and the assertion by many of those same Democrats that the Russians hacked the DNC to ensure she is defeated by Donald Trump? ‘Course […]
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Stock markets hit record highs this week, and yet most people aren’t excited about it. Google “the most hated bull market in history” and you’ll find many reasons for pessimism–we just don’t trust this market. In normal times, this would indicate we are still healthy, as legendary investor Sir John Templeton once said: “Bull markets […]
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The latest Obama Admin edict: Let them eat Tofu!
28 Jun 2016
In today’s Wall Street Journal (gated) reports on a political battle over the provision of food stamps, and it illustrates much of what is wrong in Washington DC. Many of us lament the almost doubling of the number of people receiving food stamps, with only a slight drop off well after the recession is over. We […]
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In an amazing 8-0 decision, the Supreme Court threw out the conviction of former VA governor McDonnell for alleged corruption: The Justice Department alleged Mr. McDonnell agreed to legitimize, promote and seek research studies for the company’s products. The former governor among other things arranged meetings for the businessman, Jonnie Williams, with other government officials […]
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Tales from the economic heartland–we don’t kill the golden goose, we just bleed it slowly
24 Jun 2016
Janet Yellen (Federal Reserve chair) received a lot of press in last week after the Fed’s meeting, where she acknowledging that monetary policy can’t really solve the slow growth rate of the U.S. economy. She, as many other economists, believe there are structural problems which leave us in a “new normal” of lower economic growth […]
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Not according to economist Ben Powell, and I’m with him (in the abstract). Of course there are specific cases we should have outrage, but we can’t simply wish that all of the world was wealthy enough for no children to have to work. Indeed, children working has been part of the human experience since the […]
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its getting serious. News reports continue daily on the deteriorating state of dysfunctionality called government in Venezuela. Not only is food shortage a significant problem for many, but basic protection and law and order functions are missing in action. This is leading to vigilante justice, with some suspected criminals being burned alive on the […]