Inflation Update
October 20, 2021
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Inflation Update
Biden's Tax Proposals
October 16, 2021
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Biden's Tax Proposals
The Imperial Presidency
October 9, 2021
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The Imperial Presidency
Immigration Makes America Great
October 2, 2021
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Immigration Makes America Great
Is America About to Break-up with TINA?
September 25, 2021
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Is America About to Break-up with TINA?

The Lonely Realist is a bridge across the partisan gap, raising questions and making pointed observations about politics, economics, international relations and the markets. Its goal is to raise awareness and inspire thought on controversial issues that impact America and Americans, highlighting issues that should be, but rarely are, the focus of bipartisan discussion.


In seeking to promote dialogue, The Lonely Realist is not an advocate of conclusions or remedies. To the extent perceived biases leak into these pages, as they sometimes do, please ignore them. They are inadvertent missteps. 

About the Author

About the Author

William (Bill) Natbony is The Lonely Realist, its author and originator. The opinions expressed in TLR are solely Bill's opinions, have not been edited or reviewed, and do not reflect the views or opinions of any other person.

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  • Readers will recall commentaries over the past two years in which TLR expressed the view that the Federal Reserve will face political and economic realities that prevent it from adequately responding to incipient inflationary forces by either tapering its bond-buying or raising interest rates. In...

  • “Although the Biden Administration’s Build Back Better tax proposals would reduce income inequality, they would do so at a cost that includes increased complexity … yet again. They could be targeted far more efficiently. America deserves a tax system that indeed Builds Back Better.” –...

  • “America’s most recent Presidents have stretched their Constitutionally-granted powers to an extreme. Unless Congress acts to end the power-grab, America may be breeding a monarchy.” –The Lonely Realist Arthur Schlesinger’s 1973 book, The Imperial Presidency, reached the conclusion that the Constitution provides no real limits...

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  • I’ve received a number of comments from readers confused by the cross-outs in The Lonely Realist. I did not intend them to be a source of confusion. I add them to inspire thought – that is...

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