New York Post Article: “New York City Is Dead Forever”

Recently, author and former hedge fund manager James Altucher wrote an opinion piece for the New York Post with the title New York City is Dead Forever.

Despite the rather inflammatory title, the article is generally fact-based and well-argued. Whether you … Read More

Socialists’ Attack On “Greed” Is Really Concealed Envy

Gordon Gekko in the motion picture Wall Street regurgitated what socialists have been saying for a century: capitalism is based on greed. Here is part of his monologue:

The point is, ladies and gentleman, that greed — for lack of a better … Read More

Happy GO-Day: Wednesday’s Economic CAT Scan Shows Resiliency

This last Wednesday was a milestone for data nerds like me, and for general economic understanding. For the first time, the government released something called ‘Gross Output’ (GO) along with its official GDP numbers. You may not know it, … Read More

Magnifying Old And New Lessons

Note: I wrote the majority of this week’s Dividend Cafe before the news had broken that President Trump and First Lady Melania had tested positive for COVID.  We wish them a speedy recovery, of course, but don’t have much to … Read More

Just What Is It That Judy Shelton’s Critics Are So Afraid Of?

Have you ever wondered why the U.S. dollar is accepted as payment around the world? Better yet, have you ever wondered why the dollar liquefied exchange in Iron Curtain countries during the 20th century, and still liquefies trade in countries like … Read More

A Simple Math Model And The Numbers

In the later part of the 20th century and on into the 21st century, the claims of wealth inequity run rampant. But is this the case; and, if it is the case, is it destructive to the Great Experiment – or to … Read More

New Book About Jesus And Economics: An Excerpt

This is an excerpt from The Maker Versus the Takers: What Jesus Really Said About Social Justice and Economics, by Jerry Bowyer (New York, Fidelis Books, Post Hill Press, 2020)

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Introduction

This all started with a phone call to my radio … Read More

The U.S. Is Not Capitalist

Is the US the vanguard of capitalism for the world? Is the US even capitalist? For most media pundits the answer is obvious: Yes! Everyone knows that! After all, the U.S. has always ranked high on the indexes of … Read More

The Wrong Way To Vote For Trump

Voting isn’t just voting. It’s also talking about voting, which means it’s not just about politics, it’s about culture.

Four years ago at about this time, I wrote somethings critical about Trump. Maybe it was “grab ’em by the…” … Read More

A Few Of The Many Reasons To Celebrate The United States

There are so many reasons to celebrate the United States of America. Thankfully too many reasons to celebrate what’s spectacular. Countless books, articles and songs speak to this happy truth. In that case, this write-up will lightly cover just three of … Read More

America Has Been “Fundamentally Transformed”

Monumental changes do not always occur with fanfare and explosive action. Sometimes, they take place gradually, a result of actions that initially appear relatively inconsequential but develop into extraordinary alterations in the very fabric of society. That is currently occurring … Read More

2020 Can End Up As A Year Of Unity

The year 2020 has been a year of disruptions, disunity, and violence. The virus has done some damage, but worse by far is the economic pain and dislocation perpetrated by our own governments, as well as the ongoing riots that … Read More

Sir William Blackstone And Equality

The great English jurist, Sir William Blackstone, warned vigorously, as did Brutus, in Anti Federalist Nos. 78-79, that given too much jurisdiction on equality over the States, the Judicial Branch would reach and take power as another legislative branch. In fact, … Read More

Tithing: Should We Give From Net Or Gross Income

A question I get quite often from Christians who want to be faithful with the money entrusted to them is “Should I be giving my tithe from my gross or net income?” It’s a great question and one which … Read More

Data Confirms Big Tech’s Left-Wing Bias

, Apple, , Google, Samsung, , and Microsoft are the largest tech companies in the world by market capitalization. We all use some of their products on a daily basis, spending hours a day on and and … Read More

Democrats Willing To Kill 90,000 COVID Patients To Discredit Trump

The number of patients who have died from the COVID-19 virus will have topped 175,000 by the time you read this. A vaccine is at least a year away. So far, the only treatment approved by the FDA and … Read More

Biggest Economic Drivers Are Most Poised To Come Back

Which sectors are the big drivers of economic output? As we’ve seen in the past, some of the highest profile industries (movie theaters, concerts, professional sports) are actually not all that important to total economic output.

First, by “output” we … Read More

The Destructive Obsession With Equality

Today in the United States there are many who not only push for “equality” but actually work to force it on all citizens but themselves. The Founders embodied equal rights, not equality, yet collectivists continue to demand equality. Economist … Read More

The 2020 Election And Your Portfolio

In all my years of managing client capital, covering now six Presidential election cycles, I have never received as many inquiries, expressions of anxiety, questions, and general concerns about what this election means to investors.  Across all mediums, I have … Read More

Europeans Discover The Myth About ‘Safety Nets’ The Hard Way

Economic discussions would be much better if it were understood that no one receives dollar, euro, yen, pound or yuan “aid.” They receive the goods that those currencies can be exchanged for. Money on its own doesn’t feed, shelter or … Read More

Inflation By Fiat

The Fed has now officially changed its inflation target from 2%, to one that averages above 2% in order to compensate for the years where inflation was below its target. First off, the Fed has a horrific track record with … Read More

Innovation Springs From Liberty

Deirdre McCloskey, professor of economics and history, has offered powerful insights for several decades, culminating in her multi-volume work with the theme of “bourgeois dignity.” She explains why, for most of history, poverty was so pervasive, and why the standards … Read More

Manufacturing A Recovery

This metric is broad in that is looks at many, many different factors — from actual production, to orders, to employment trends, and many others. It is also ‘high frequency’, which means that rather than the data only being … Read More

5 Things The Millionaire Next To You Is Doing With Their Money That You’re Not

• They spend less than they earn, a lot less.

The number one contributor to financial success is living within your means. That millionaire sitting in the booth next to you at your favorite restaurant learned this at … Read More