The idea of Bernie Sanders being the stock market’s best hope for Trump to win is starting to gain more traction. We need to be careful when we wish for this though. Both New Hampshire and Iowa are proud of their front and center positions in kicking off the Democratic nomination process for president, and […]
What does the left-wing branch of corporate and antitrust law look like? Wayne State law professor Sanjukta Paul gives us a glimpse, and it’s a pretty strange world indeed. You would think that capitalism and socialism would make strange bedfellows. Capitalism is based upon the combination of property rights and free exchange, where the law […]
Normally, it is preferable to let the market determine the price of something. With something that is believed to be essential, we need to really make sure the market is free. Free markets need to actually be free markets for them to do their thing and seek out efficiency. The key word here is free, […]
In spite of how great the employment numbers are, there’s always room for complaints. It’s important to realize that we don’t want certain numbers to be too good though. Investors tend to look at the jobs report from the perspective of wanting to see evidence of more economic expansion. Investors love more expansion, and will […]
Democratic presidential candidate Michael Bloomberg just wrote an op-ed piece to tell us that in spite of what President Trump says, the economy is broken and he wants to fix it. It is not uncommon for politicians or prospective ones to try to twist things around to suit their political ambitions. Former NYC mayor, mega-billionaire, […]
When two hotheads and gunslingers Donald Trump and Ayatollah Ali Khamenei get into a gunfight, anything can happen. It turns out that both are wiser than they get credit for. The stakes were high in the current confrontation between the United States and Iran. World leaders are generally careful in their remarks, even when they […]
2020 Golden Globes host Ricky Gervais fancies himself as a comedian, and maybe even a good one, given how much of a fool that he made of himself on this awards show. The saddest thing about British comedian Ricky Gervais taking potshots at companies like Apple, Amazon, and Disney is that this actually was pretty […]