Why Aren’t Automation and Baby Boomer Retirements Driving Consumer Prices Down?
"When I was your age, I used to go to the movies for a dime. I’d get a big bag of candy for a nickel." I… [more]
The Culture of Entitlement in Medicine II: Your Invoice is Rejected
I previously wrote about the culture of entitlement in medicine back in 2017. This is to be expected… [more]
Conservatism is More Harmful to Liberty Than Progressive Liberalism
Following the horrors of the Wilson and FDR presidencies, conservatives made nice with classical liberals… [more]
Here Comes Another Recession Wrongly Blamed on Capitalism
The stock markets sold off on Friday, and financial media headlines were dominated by an inverted yield… [more]
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Why Aren’t Automation and Baby Boomer Retirements Driving Consumer Prices Down?
“When I was your age, I used to go to the movies for a dime. I’d get a big bag of candy for a nickel.” I still remember my father saying those words as I headed off to the movies in the 1970s when the afternoon matinees cost $1.75 per ticket, more than 10 times […]
The Culture of Entitlement in Medicine II: Your Invoice is Rejected
I previously wrote about the culture of entitlement in medicine back in 2017. This is to be expected in an industry in which half of all gross revenue is tax revenue. That’s not to say doctors, nurses, etc. are bad people. Quite the contrary. But it’s human nature to overestimate the value of one’s own services – […]
Words and Phrases to Avoid on April 15
We hear a lot about words and phrases we should or shouldn’t use these days, politics having crept into virtually every area of our lives. At the risk of promoting even more “political correctness,” here are some terms that can legitimately be considered “microaggressions” when used in the presence of […]
Conservatism is More Harmful to Liberty Than Progressive Liberalism
Following the horrors of the Wilson and FDR presidencies, conservatives made nice with classical liberals and later libertarians as the only way to maintain any relevancy. This was a rather odd fellowship, conservatism being a fundamentally authoritarian philosophy. And because people seem unable to think in terms of anything outside the conservative-liberal spectrum, this has […]
Here Comes Another Recession Wrongly Blamed on Capitalism
The stock markets sold off on Friday, and financial media headlines were dominated by an inverted yield curve, a key recession indicator for the past several decades. Was the selloff just a pullback as equity prices consolidate before heading for new highs? Or is this the top of a dead cat bounce after the December market meltdown? […]
Cut Wasteful Spending on the Obsolete Conventional Military
What possible reason could there be to increase spending on the mostly obsolete conventional military? The days of wars ending with one country marching into the capital of another are over, other than when DC invades some destitute, virtually defenseless Third World backwater. No nuclear power is going to surrender without firing its nukes. No […]
Amazon’s NYC Pullout Shows Economy Is Rigged, Just Not the Way Most People Think
Amazon announced Thursday it will not build a new headquarters in New York City, citing the backlash from union leaders and some lawmakers over the nearly $3 billion in government incentives included in a deal to bring the company to NYC. Those leaders treat Amazon’s decision as a victory. For Governor Andrew Cuomo and NYC Mayor Bill […]
Just like modern “progressives,” the big government Federalists meant well
It’s true Federalists like Madison (at the time) and Hamilton proposed a much stronger federal government than the 1788 constitutional convention authorized, but many people wrongly argue they were motivated by purely tyrannical intentions. On the contrary, their main motivation was the belief a stronger central government would protect the individual from the democratic mobocracies […]
I, Interest Rate
It is often said, “Don’t kill the messenger,” but that is precisely what everyone seems to want to do in my case. I’m not sure why because the news I bring is neither good nor bad. It is simply the truth; and it is a very sad day when telling the truth can foster such […]
Should Social Security Be Means Tested?
Ken Langone told CNBC on Wednesday Congress “has to have the courage” to make Social Security means tested, arguing a billionaire like him shouldn’t be getting $4,000 a month (he and his wife) from the government when entitlements are 71% of spending. In a way, means testing would be a good thing, as it would […]
Democracy Goes Out the Window During “Government Shutdowns”
Everyone loves democracy, until the vote doesn’t go their way. Then, there are protests, marches, recounts, and other forms of whining from everyone who doesn’t like the results. We saw that after Donald Trump’s election and after the 2018 midterms, when Democrats tried to keep recounting the votes in some races until they got the result they […]
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