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.

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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.

  • “The Iran War is igniting an inflationary bonfire.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... TLR yesterday had the opportunity to discuss economics with Cassandra, the mythical Trojan priestess gifted by the Greek God Apollo with the ability to make accurate prophesies...

  • “Is a gerrymandered democracy good for America?” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... TLR first discussed gerrymandering 7 years ago. That commentary, “Elbridge Gerry’s Salamander,” is being republished today in light of last week’s ruling by a Virginia county judge declaring...

  • “Highs and lows of April 2026…, and thereafter.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... TLR recently received a number of questions from readers. TLR’s responses follow: Dear Mr. Realist:           I’ve been reading a range of commentators’...

  • “There is and will be further collateral damage from the Iran War.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... We are 7 weeks into the Iran War and markets have been soaring. even more so following comments made by President Trump...

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More by TLR

TLR Updates, Part 1*

“Will Modern Monetary Theory Work” (April 14th TLR) and “They’re All Keynsians Now” (March 27th TLR)Loading the Elevenlabs Text to Speech AudioNative Player… Republicans no longer are believers in balanced budgets. Democrats most often have favored deficit spending. Both are now in agreement that Congressional

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Joe Biden and Jay Powell

“Self-interest has made Joe Biden and Jay Powell best buds. Joe has agreed to reappoint Jay. Jay, in turn, has reassured Joe that America can (and will!) achieve low inflation and ever-higher equity prices by November 2022.” – The Lonely RealistLoading the Elevenlabs Text to

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Socialism and De-Risking

“The American brand of capitalism has been replaced by an American brand of socialism.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… TLR is a huge fan of laissez-faire capitalism, crediting it for America’s geopolitical preeminence, 200 years of wealth-creation and an

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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 or any other person.