Part two of a two-part series. Before spending trillions of dollars on climate change, someone should ask whether it should be society’s top priority. What’s more important? Trying to keep…
Which Is the Existential Threat? Climate Change or Cancer?
Part one of a two-part series. “I promise you if I’m elected president, you’re going to see the single most important thing that changes America. We’re gonna cure cancer.” …
Is it Worth Doing Business With China? Part Two.
Part two of a two-part series. Theft of intellectual property. While its COVID-19 vaccines are ineffective, China has otherwise made great technological progress. But it has achieved that status by…
Is it Worth Doing Business With China? Part One.
Part one of a two-part series. American businesses have profited from China. They benefit from access to the world’s largest market and they’re able to import goods at a lower…
What Would Paul Volcker Do? Part Two.
Part two of a two-part series. There were big price shifts up and down in August, making it difficult to pick up a clear signal about inflation. However, if consumers…
What Would Paul Volcker Do?
Part one of a two-part series. Interest rates have been near zero for the past 15 years, except for a brief period when they rose as high as 2½%. That’s…
Unaffordable Housing: Part Two
Part two of a two-part series. For three years during the Trump Administration, the Fed modestly raised interest rates, but it changed direction when the pandemic and the accompanying lockdown…
Unaffordable Housing: Part One
Part one of a two-part series. For home sellers, life has never been better. For home buyers, panic may be setting in, as housing prices jumped at an annual rate…
Federal Help Often Hurts – Part Two
Part two of a two-part series. Spending on entitlements is mandatory, but paying for them is often pushed into the future. In spite of all the tax revenue used to…
Federal Help Often Hurts
Part one of a two-part series. Federal entitlement programs, which are created to address social issues, often make matters worse. They also cost more than initially projected and they are…