How often have you heard or read someone use a sports analogy to describe commercial society? Games are great fun, but they have winners and losers in ways exchanges don’t.
The island nation of Taiwan may be in the spotlight today for handling Covid-19 without a lockdown but it’s about to become one of the most contentious geopolitical flashpoints of the decade.
Recently Tesla CEO Elon Musk asked Ark Investment CEO Cathy Wood about her view concerning the Buffett Indicator, which is pointing to a historic overvaluation in stocks and hence suggests a coming…
This year marks the 150th anniversary of a radical change in the way economists came to understand the logic of human decision-making and the formation of prices in society.
As the Great Suppression enters its second year and as people go to greater and greater lengths to get vaccinated, I remember one of the conclusions we reach when we analyze how…
Inflation expectations are on the rise. At first sight, this change in expectations seems to be odd. The Federal Reserve has been increasing the supply of base money at a…
“Build Back Better” is the motto for President Biden’s ambitious plans to remake much of the American economy and society. On Wednesday in Pittsburgh, Biden will reveal his plans for trillions of…
Worries have intensified and spread lately about the prospects of higher U.S. inflation in the coming years. It’s an important issue because higher inflation, even if it remains in the…