“Is a gerrymandered democracy good for America?” – The Lonely Realist Gerrymandering is the redrawing of electoral maps in order to maintain a partisan advantage. Its derivation is a combination of Elbridge Gerry’s last name (he was the governor of Massachusetts in 1812) and salamander, which...
“History Doesn’t Repeat Itself, but It Often Rhymes” – Mark Twain Although Mark Twain was right that history seldom repeats itself, he was also correct in saying that history often rhymes. For example, it’s easy today to see the many parallels between recent events and those...
“Never bet against a stock index.” – The Lonely Realist America’s stock markets have been on a tear for the past 15 years. The S&P 500 index, down below 700 in March 2009, now is cresting 5,300, having increased more than 7.5x. Can it continue rising...
“Regulatory whipsawing is undermining American business.” – The Lonely Realist Consistency in policy and law-making provides the optimal foundation for strong economic growth. Uncertain government policy inhibits economic planning and therefore is business’s bane. Alternating political party Presidencies over the past 32 years provide a demonstrably...
“What others now are saying is what TLR warned about years ago.” – The Lonely Realist In a recent opinion piece in Bloomberg, noted historian Niall Ferguson emphasized longstanding TLR themes, one of which is “the formation and consolidation of an Axis.” TLR readers witnessed the...