“Is a crash inevitable? Is the only question ‘When?'” – The Lonely Realist Ray Dalio recently wrote about the difficulties with “The U.S. Government’s Situation”: “[I]magine that you are running a big business called the U.S. government…. The [U.S. government’s] total revenue this year will be about...

“Growing up to be President is every child’s dream.” – The Lonely Realist With AI threatening to wipe out entry-level employment in many of America’s knowledge-based industries, including medicine, law, accounting, and finance, a number of readers have been seeking career guidance for their erstwhile teenagers....

“Are members of America’s government guilty of treason?” – The Lonely Realist An American commits treason, as defined in Article III, Section 3, of the Constitution, if he or she wages war against America, or conspires with America’s enemies to wage war against America, or gives...

“Should Executive Power be subject to judicial checks and balances?” – The Lonely Realist TLR recently received the following question from a reader: “Curious what your thoughts are on Federal District Judges blocking much of the Trump agenda?” What follows is the ensuing dialogue, edited for...