The War Of The Worlds

The recent pandemic has led more and more people into the world of ‘virtual reality’.  Unable to travel, downloads of virtual-travel apps have doubled in a matter of months.  People are getting accustomed to living in a make-believe world … Read More

Cuomo’s Partisan Authoritarianism Struck Down By SCOTUS

The United States Supreme Court ruling temporarily blocking enforcement of New York Governor Cuomo’s Executive Order restricting attendance at houses of worship was an appropriate recognition of the primacy of the First Amendment.

SCOTUS Blog reports, “The Supreme Court […] granted requests … Read More

Socialism: The Road-To-Hell Paving Company

“Uncle Joe” Biden promised to revive the Paris climate accord in spite of the fact that the agreement would accomplish little. Dr. Robert Murphy wrote of the accord, “The only reason so many countries signed up for Paris is that … Read More

Amazon And The Los Angeles Lakers Wreck The Wage-Stagnation Narrative

In 1981, Magic Johnson signed a 25-year, $25 million contract with the Los Angeles Lakers. The deal was massive for its time. The Lakers rewarded Johnson with an eye on keeping him with the team forever, but eventually the … Read More

Capital Abounds, And It Needs A Place To Go

As I am typing, the market sits at 30,000 exactly on the Dow, really close to 4,000 points higher than it was in the middle of the day on Friday, October 30 (it closed at 26,500 that day).  Now, … Read More

How Companies Pay Shareholders: Buybacks Are Not A Giveaway

London Business School finance professor Alex Edmans devotes a substantial portion of his excellent book Grow the Pie to stock buybacks. His discussion offers an honest recapitulation of both the political and financial case against them, showing that he has taken … Read More

Signs That Biden Will Be Soft On Iran

A Biden Administration could spell the end of progress for peace in the Middle East, if it follows the policy of appeasement and support for the world’s chief sponsor of terrorism, Iran. The first step would be a return to … Read More

Diseases Of Modernity: What Do They Have In Common?

I recently had a discussion with the brilliant Dr. Benjamin Bikman, author of the book, “Why We Get Sick: The Hidden Epidemic at the Root of Most Chronic Disease — and How to Fight It,” which makes a very compelling argument for … Read More

Markets Digest Reality Of Biden Presidency

Early December is a tough time of year for my writing inspiration.  I have soooooo much I want to say about 2020, but we really aren’t done yet, and this year as much as any other, affirms the reality that … Read More

A Statistical Overview Of American Households: Part 4, Positioning

Financial advisor Michael Shedlock observed: with inflation as a primary tool of the government (Federal Reserve specifically),[1] those with first access to money – particularly fiat money – are simply in a much better situation to profit during the artificial boom cycle prior … Read More

New Conservative Portal Makes Fighting Woke Capitalism Free And Easy

With contributions by Charles Bowyer.

I recently sat down for a second interview with Justin Danhof, director of the Free Enterprise Project at the National Center for Public Policy Research. You can listen to, and read about, our first conversation here. … Read More

As The Dow Jones Industrial Average Reaches 30,000, ‘The Fed Did It’ Narrative Becomes Even More Ridiculous

There are so many reasons the Federal Reserve will never be abolished, but none of them have anything to do with its existence being necessary. As this column has made plain for years, the central bank is wholly superfluous.

It … Read More

A Statistical Overview Of American Households: Part 3, High Income vs. Low Income?

Another measure of income born from the Great Recession is the employment-population ratio, which is the “statistic[al] measure [of the] economy’s ability to provide jobs for a growing population…” which answers the question, “What proportion of the working-age population is … Read More

How A Failed Commune Gave Us What Is Now Thanksgiving

It’s wrong to say that America was founded by capitalists. In fact, America was founded by socialists who had the humility to learn from their initial mistakes and embrace freedom. One of the earliest and arguably most historically significant North … Read More

Senate Disgracefully Stalls Trump Fed Nominee

The rial is no longer Iran’s currency. It was recently replaced by the toman. Why was it replaced? The answer is really simple. Since 1971 the rial has been devalued over 3,500 times. Translated for those who need translation, the rial … Read More

A Statistical Overview Of American Households: Part 2, The Great Recession

While recessions, particularly the Great Recession, have proven to be financially crippling to both the top percent and bottom percent of citizens, the former is usually able to recover much quickly—and at a higher rate as well.[1] This relates directly back … Read More

Follow The Science To Sweden

Governor Cuomo is imposing renewed Covid-19-related restrictions in New York based on the mantra, “Follow the science,” as have many others of the political class. That begs the question of which science that you follow, because science is a … Read More

Our Move Along, Nothing-To-See-Here Media

The overt and extraordinary bias and partisanship on the part of far too many leaders and the media that support them has led to a form of moral blindness that has warped values.

In the comedy movie series, “Naked Gun,” … Read More

Pessimism And Your Portfolio

Some of you may recall that during the peak moments of COVID anxiety and the national lockdown (March/April) we put out a series of 2-3 minute videos meant to address specific client concerns.  From what investors should do in that … Read More

Profits Are A Blessing, Not A Curse

Soon after earning a BA, I got a job at Cities Service Company in Tulsa, dead since 1986 but at the time the 12th largest oil company in the world. Then I met a friend from college, and when I … Read More

The GOP Should Embrace Its Reputation As The Party Of Financial Success

Much has been made during Election 2020 about the make-up of the typical Donald Trump voter. It’s said he’s remade the Republican Party. The base is no longer well-to-do, or even superrich. The Republican of today tends to be middle … Read More

Can Dog-Eat-Dog Capitalism Exist?

In a faceoff with lawyer and writer David French, Yale theologian Miroslav Volf said, “There are no effective replacements for capitalism. The question is, what is the Christian responsibility for the proper functioning of it, and to what extent can we … Read More

Look For Companies With Blockholder Investor Base

When you are deciding whether to invest in a company, you are not just deciding which company to buy, you are also choosing which investors to join with. You get a share in the company, but you also find … Read More

A Statistical Overview Of American Households

The 2014 report from the Congressional Budget office shows how the federal income tax is very progressive.   Households in the lowest quintile for income pay around $500 in federal taxes, with the middle quintile paying about $7,000, and … Read More