Markets

Yield Curve Inversions Don’t Improve Investment Outcomes
Ronald Reagan once remarked that the nine most terrifying words in the English language are: "I'm from the government and I'm here to help." Similarly, the financial economist Campbell Harvey recently wrote that the four most dangerous words, feared by central bankers...
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Law

Hillary Clinton Insults Herself–and Women Everywhere
Hillary Clinton recently said she hoped the U.S. would elect a woman to the White House because it would send "exactly the right historical signal" to men, women and children. She said women in politics need to "dare to compete" and the nation needs to "take that leap...
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Culture

Political Advocacy Disguised with Obscure Academic Jargon
What today’s academics write, and what journals treat as neutral science, tends to reinforce only one side of the political spectrum.
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Politics

Big Spending Donald Trump
Last week, I tallied Joe Biden’s spending plans. This week, President Trump’s.
Health Care on April 15: How Taxes and Government Damage Your Health
College Admissions Voodoo
Stupid Airport Security 2
Social Security: There is No Trust Fund, Only IOU’s
How Washington Will Spend Your Taxes In 2005
United Nations Scandal: Kofi Annan Aide Shredded Thousands of Documents
Amtrak is Anti-American
World
Freedom, Not Foreign Aid, For Africa
British Prime Minister Tony Blair is pressuring the rich nations of the world to give more foreign aid to Africa -- to the tune of $25 billion a year by 2010. The U.S. already gave $3.2 billion last year. In the wake of this pressure, we might ask ourselves whether...
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Science & Technology
Dispelling Some Crude Myths About Oil’s Real Impact
Economists are beginning to panic about the recent run-up in the oil price (+36%, year to-date, to $44.4/barrel) and its likely future impact on stock prices, profits and output in the U.S. But there's no reason to panic. A fast-rising oil price is no necessary...
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