08/29/2020
Today

Abe Defied Expectations to Build a Better Japan

Noah Smith, Bloomberg

(Bloomberg Opinion) -- Shinzo Abe, Japan's longest-serving Prime Minister, is resigning due to ulcerative colitis. He leaves behind a Japan that is both...

What Now? The Fed Has Given Up on the Phillips Curve

Ron Insana, CNBC

Is this a contrarian signal that the Fed ought to be more, rather than less, vigilant about incipient inflation?

What the Fed Inflation Policy Means for Your Retirement

Alessandra Malito, MW

Low interest rates can be a blessing or a curse

The TikTok Ban Should Worry Every Company

Keman Huang & Stuart Madnick, HBR

It's part of a trend that could severely disrupt international trade.

How Does the COVID Recession Compare?

Michael Boskin, World Economic Forum

Although every recession is different, history offers lessons for the current pandemic-induced downturn, writes economist Michael Boskin.

A Gen-X Adviser to Biden Argues Equality Is Good for Growth

Katy Lederer, NYT

Heather Boushey is at the forefront of a generation of economists rethinking their discipline â?" just as the government deploys trillions to address a once-in-a-century emergency.

More Proof that 'Progressive' Wealth Taxes Hurt Americans

Brad Polumbo, NRO

A new study reaches the obvious conclusion that 'soaking the rich' doesn't help anyone.

Stakeholder Capitalism and Future of Democracy

Reihan Salam, Manhattan Institute

As Americans of all stripes debate contentious social issues, one group in particular is making its voice heard: corporate leaders. Citing the doctrines of "stakeholder capitalism" and &ld

A Brief Reply to Oren Cass's New York Times Piece

Michael Strain, National Review

Oren Cass, executive director of American Compass, has an essay in the New York Times that I encourage you to read.

The Rise and Fall of the Industrial R&D Lab

Ben Southwood, Works in Progress

For a time in recent history, R&D labs seemed to exist in a golden age of innovation and productivity. But this period vanished as swiftly as it came to be. How did it happen, and why did it fade away?

When Retirement Comes Too Early Because of Pandemic

Paula Span, NYT

Workplaces have grown steadily less friendly to older employees, and the pandemic has pushed more of these workers from the labor market.

NBA & MLB: Boycotting Themselves Out of Business?

Steven Malanga, City Journal

By skipping games for nebulous political demands, pro athletes threaten to alienate fans and crater their own industry.

The Historic Opportunity We See for Value Investors

Jeff Troutner, Equius Partners

What Drives Market to All-Time Highs?

Brad McMillan, Commonwealth Financial Network

Comm. Real Estate: Who's Been Swimming Naked?

Jerry Bowyer, Vident Financial

A New Approach for Curbing College Tuition

Beth Akers, Manhattan Institute

Over the last two decades, the cost of higher ed has grown faster than almost any other sector. This new report identifies four sources leading to these rising costs.

No Evidence the Lockdowns Worked

Various, National Bureau of Economic Research

How Do You Recognize Financial Abuse?

Carrie Schwab-Pomerantz, Charles Schwab

Financial abuse comes in many guises and impacts men and women alike, warns Carrie Schwab-Pomerantz. Here are some common signs you shouldn't ignore.

Thoughts on Why Green Dot Investors Are In Green

Jerry Bowyer, Vident Financial

The Danger of Investing on the Big Picture

John Rekenthaler, Morningstar

When half-right means entirely wrong.

A Missed Opportunity at the Fed

Editors, National Review

The Fed's caution has served it badly in its recent review of its policies.

The Federal Reserve's New Strategy Comes With Major Risks

Tim Duy, MSN

Too many questions about the central bank's intentions and policy framework have been left unanswered.

The Assault On Social Security Is Underway

Brett Arends, MarketWatch

Pandemic panic is the perfect cover for gutting the program

Spotting $62 Million in Alleged P.P.P. Fraud Was the Easy Part

Stacy Cowley, NYT

Investigators have charged big spenders with cheating the Paycheck Protection Program for small businesses. But more fraud lies below the surface, and it'll be harder to find.

It's Time To Take From The Rich & Give to The Poor

Randy Epping, CNN Business

Randy Epping has no idea how to create wealth so his only solution is to take from rich and give to the poor.

The Summer Without Hollywood Blockbusters

Alissa Wilkinson, Vox

What Hollywood's big-budget mythmaking spectacles did for America, and why it's all changing.

Return of the Zombie Foreclosure

Douglas A. McIntyre, 24/7 Wall Street

So-called zombie foreclosures were part of the mortgage landscape in the Great Recession, and new research shows that they are back.

America's Coming Double Dip

Stephen S. Roach, Project Syndicate

Soaring financial markets are blithely indifferent to lingering vulnerabilities in the US economy. But the impact of consumers' fear of COVID-19 on pandemic-sensitive services are unlikely to subside, undermining the case for the uninterrupted recovery that investors seem to expect.

Want More Econ. Growth? Cut Government Spending

Veronique de Rugy, Reason

Research suggests reducing spending will boost consumption in the short- and long-run.

No, Active Funds Don't Do Better In Difficult Markets

Ben Johnson, Morningstar

Investors should focus on the long-term signals, pick their spots, and keep a close eye on costs, based on analysis from Morningstar's midyear Active/Passive Barometer.

Fisher Investments on Election-Year Uncertainty: This, Too, Shall Pass

Fisher Investments Editorial Staff, Fisher Investments

Ken Fisher on Nixing the VIX

Fisher Investments Editorial Staff, Fisher Investments

Will Uncle Sam Force Big Tech to Break Up?

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

The Beginning of The End Of COVID?

Alex Tabarrok, Marginal Revolution

It’s taken far too long and it’s still not FDA approved for at-home use or for asymptomatic individuals but the new $5,15-minute, easy to use, Abbott test and the Trump administration’s promise to purchase 150 million of them is a big deal.

The US Housing Market Since 1976 In Pictures

Ironman, Political Calculations

We're going to tell a story about the history of the market for new homes in the U.S. almost entirely in pictures today.

Time For Some Context, Again

Macromon, Global Macro Monitor

Money Fueled Bubble Speculative manias gather speed through expansion of money and credit.

Bourgeois Libertarianism Can Save America

Brian Doherty, Reason

Reliance on persuasion, freedom, property, and markets might deliver both peace and justice where "No Justice, No Peace" has so far failed.

Alternative Forms of Wealth

Morgan Housel, Collaborative Fund

Wealth takes many forms, not all of them monetary.

Lumbering Along

Cullen Roche, Pragmatic Capitalism

Three things I think I think

If You Aren't "Cheesing" You're Nuts

Rusty Guinn, Epsilon Theory

Cheesing is how Kodak happens.
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