"The method of capitalism's destruction rests on never letting the world discover what it is that is being destroyed—on never allowing it to be identified within the hearing of the young." -- AYN RAND
Today's wild predictions about climate doom are likely to be just as true as yesteryear's. The major difference is today's Americans are far more gullible and more likely to spend trillions fighting global warming.
Amongst Thomas Piketty, Elizabeth Warren, Bernie Sanders, Jerry Yang, and Jeremy Corbyn a wealth tax is all the rage as a means to rectify "wealth inequality". But what does it really do?
The view that social media platforms like Twitter and Facebook are corroding our public discourse has become increasingly accepted wisdom, the starting point for a debate rather than the debate itself.
Economists, investors, and policy makers would do well to take seriously the predictive power of the yield curve, to study and comprehend not only its empirical but also its causal features.
For small retailers, especially those selling goods Amazon itself does not choose to carry, Amazon Marketplace may be the entire reason for their existence.
