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 […]
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A major part of the Dodd-Frank bill that Mr. Obama and the Democratic congress of 2009-2010 was the creation of an agency to protect consumers, the Consumer Financial Protection Bureau (CFPB). Dodd-Frank was troubling enough; I’ll not delve too deeply into that murky mess other than to note the irony of the financial reform bill […]
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“The LORD, He is God; the LORD, He is God.”
04 May 2016
I woke this morning earlier than usual (around 4:30) and my mind raced to the reality that Mr. Trump is the Republican nominee. It’s certainly easy to get discouraged, perhaps even to lose sleep. Yet in my quiet time this morning (one of the benefits of getting up early), as I reflected on what God […]
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Trumpeting toward Irrationality
03 May 2016
During my graduate studies at George Mason University, I was blessed with outstanding faculty, especially in the field of Public Choice economics (the study of the public sector using economic methodology). Nobel Laureate James Buchanan led the intellectual tradition, but there were many other fine minds, including a brash young economist from Princeton, Bryan Caplan. I […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach