As I have said before, it is good to have alternative views to consider. And this is one. mrossol ====== WSJ 3/20/2020 A telling moment came on CNBC Thursday. A host gently shushed the learned Jim Grant, editor of Grant’s Interest Rate Observer, saying discussion of tradeoffs was not encouraged. On TV, delivering up unpleasant choices is bad for the brand. Unfortunately policy... Read more
Archive for the ‘Economics’ Category
Debt, Currency wars in sight?
November 16 | Posted by mrossol | Debt, Economics, US DebtThis is an interesting article. A very brief overview of what might be driving thinking on the US Dollar. William White in theMARKET.
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Income inequality?
November 4 | Posted by mrossol | American Thought, Economics, Tax IssuesHelp me understand.. The Truth About Income Inequality – WSJ 11/4/2019 By Phil Gramm And John F. Early Never in American history has the debate over income inequality so dominated the public square, with Democratic presidential candidates and congressional leaders calling for massive tax increases and federal expenditures to redistribute the nation’s... Read more
The Politics of Work
November 27 | Posted by mrossol | American Thought, EconomicsVery interesting, indeed. ===== WSJ 11/24/2018 By Jason Willick Since election night 2016, liberal pundits have debated whether Donald Trump won because of “economic anxiety” or “cultural resentment.” According to Oren Cass, “these aren’t different things.” The real issue, the Manhattan Institute scholar says, is work. Whether and how people are employed—what their role is in society’s productive system—“is both an economic... Read more
Antitrust vs Apple
November 27 | Posted by mrossol | American Thought, Economics, Tax IssuesI am not sure I fully agree, but this article is worth consideration. ====== WSJ 11/24/2018 Technology advances at warp speed these days, but the antitrust bar keeps attempting a switch in time. On Monday the Supreme Court will consider in Apple v. Pepper whether to overturn decades of precedent that supports the digital economy. A decade ago Apple revolutionized software development and... Read more
Your Father is a Realist
November 5 | Posted by mrossol | American Thought, Economics, Western CivilizationGreat article about immigrants. (I’m one.) ====== WSJ 11/2/2018 I own and rent out 25 mom-and-pop storefronts in Lakewood, Ohio, an inner-ring suburb of Cleveland. About 20% of my tenants are immigrants. I sell them the American dream—a chance to run their own business—and they sell beer, cigarettes, used furniture, and services like dry cleaning and haircuts. The stores are street-level... Read more
