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 […]
It costs about $50,000 a year for tuition alone these days at top schools like Harvard and Yale. Whatever all this money buys, teaching them to reason well isn’t on the list. The iconic Harvard/Yale football game has been held every year since all the way back in 1875. Neither of these schools are known […]
There are a lot of people who think that we need to drastically cut down or even eliminate our use of fossil fuels for energy. Our dreams need to be realistic. Humans have been relying on getting energy from combustion for a very long time indeed. This goes back even further than the species in […]
The cost of a college education has been climbing three times faster than the rate of inflation and the amount of student loan debt in the U.S. is rising as well, now at $1.5 trillion. Becoming of age and becoming of age to continue one’s studies happens around the same time, where newly minted adults […]
As more and more shots get fired in the trade war between the U.S. and China, many are now wondering just how bad this might become if things just keep getting worse. The stakes just keep getting bigger and bigger in the trade war between the United States and China. The goal presumably is to […]
Donald Trump was already in a class by himself among U.S. Presidents in the category of being bombastic, but his now ordering U.S. companies to pull out of China sets a new standard. Friday was supposed to be all about hearing Fed Chairman Jerome Powell speak about the economy during the central bank’s annual retreat. […]