Donald Trump and Hillary Clinton’s Last Hurrah
Ironically, the Republicans have a much stronger set of presidential candidates than usual to choose from this year.
Ironically, the Republicans have a much stronger set of presidential candidates than usual to choose from this year.
Big-government politicians bemoan income inequality, but would equalizing incomes make life fair?
To make people eat their seed corn, we need to add the essential element: a perverse incentive. Let’s look at monetary policy in this light.
Laws without law enforcement are just suggestions.
Random thoughts on the passing scene.
FedEx turned out to be much better than the U.S. Postal Service, teens ignore Hollywood and become rich and famous on YouTube, people skip hotels and find rooms via Airbnb and so on. Who knows what discoveries await if we don’t let tired old rules get in the way?
Imagine running a rink company at the end of the roller skating craze. You know it is not going to survive for long. How do you operate your business? You milk it. Well, that’s now happening across the entire economy.
After more than six years of Barack Obama in the White House, have we learned nothing about the dangers of choosing a President of the United States on the basis of sound bites, with no track record to check against his rhetoric?