You have some extra cash. What should you do with it? There are those Earbuds you’ve been coveting. Apple makes the coolest ones, but you recall that Apple’s Earbuds are manufactured somewhere in Asia and wonder whether you shouldn’t choose a brand that’s manufactured in the...
MMT provides a textbook illustration of Stein’s Law: “If something cannot go on forever, it will stop.” MMT will work – in fact, it is working, and it will continue to work – until at some point it will stop working. When it stops, the...
No, it’s not about a pending war with Russia. It’s about China’s current war – its Stealth War – against America. And no, it’s not simply a Trade War. The U.S. and the Soviet Union waged a Cold War for 45 years. It took focused...
A Quick Report on the Economic Climate For reasons that should be apparent, this is an opportune time to take the world’s macroeconomic temperature. The global economy continues to expand, although at a decelerating pace, driven primarily by the U.S. and China, and global equity markets continue...
Does Central Planning Work? Well, does it? Citizens of the former Soviet Union and its Eastern Bloc satellites would answer with a resounding “No.” The economic failures of Soviet-style Central Planning led inexorably to government collapse, the disintegration of the Soviet Empire and the adoption of...