04/21/2021
Today Jacob Silverman, TNR Countries are launching digital currencies to rival Bitcoin—and opening up new ways to snoop on their citizens in the process. |
Meir Kohn, Cato Policy Report The consequences of intervention are rarely what we expect or desire. |
Paul Krugman, New York Times The president's party is finally comfortable in its own skin. |
Adam Posen, Foreign Affairs America's self-defeating economic retreat. |
Jeffrey Tucker, AIER "What will replace lockdown ideology? We can hope it will be the realization that the old principles of public health served us well, as did the legal and moral principles of human rights and restrictions on the powers of government." ~ Jeffrey Tucker |
Editorial, Issues & Insights Excerpt provided by the Committee to Unleash Prosperity. Sign up to receive a free subscription to the full weekday Unleash Prosperity Hotline newsletter by clicking here: The Hotline has reported… |
Nicole Gelinas, New York Post Thanks to COVID, most New Yorkers are no longer captive to a five-day-a-week commute. How does the next mayor lure people back without choking the city on traffic? The pandemic altered Gothamites'… |
Brent Orrell & Matthew Leger, USA Today If projections of a slow services recovery come true, women and minorities may be scrambling for work in 2021 and beyond. |
Jim Campbell, RealClearMarkets According to some media conjecture, Robinhood, which ostensibly offers "free" trading to retail investors, has ignited a populist movement democratizing the stock market and beating down the big bad hedge funds. The reality is darker. As the author of Madoff Talks - the first complete account of the Madoff story from one man's Ponzi scheme to the systemic failure of the regulators charged with protecting investors - even Madoff never abused his customers in the way Robinhood does. It is no doubt little understood by its customers, but Robinhood makes its money, not through charging... |
Emily Brandon, U.S. News The retirement savings you have accumulated in a tax-deferred 401(k) or individual retirement account can't all be used for retirement because you still owe taxes on each distribution. The timing of your retirement account withdrawals can play a big role in how much tax you pay on your retirement savings. |
Bianca Taylor, The Hill Organizing to protect the environment is commendable and needed, but a better understanding of the scope and complexity of the environmental crisis may yield more efficient results. |
Johnny Kampis, RealClearMarkets The push for symmetrical broadband speeds in proposed federal legislation, the Leading Infrastructure for Tomorrow's (LIFT) America Act, will only hurt the quest for closing the digital divide in this country. The success of heavy-bandwidth platforms like Zoom during the COVID-19 pandemic shows that upload speeds do not need to approximate download speeds for a good experience for the end user of broadband services. |
Bret Swanson, American Enterprise Institute Even perhaps the internet industry it invented. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Richard Moody, Regions Bank |
Rob Williams, Charles Schwab How to turn retirement savings into retirement income. |
Jeffrey Kleintop, Charles Schwab The specific set of conditions that have historically characterized the start of an investment bubble appear to be forming. |
Ryan Detrick, LPL Financial Research Market Blog Wednesday, April 14, 2021 "I look to the future because that's where I'm going to spend the rest of my life." George Burns |
Dan Ferris, American Consequences In the wake of Bernie Madoff's death, Dan Ferris charts the legendary Wall Street grifter's $19 billion Ponzi scheme and its repercussions. |
Jamal Simmons, Hill Corporate leaders are standing up for democracy to avoid facing the wrath of consumers, investors and historical judgment. |
John Phelan, Foundation for Economic Education As Paul Krugman explained, "So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment." |
Daniel Kennelly, City Journal An interview with Tamny about his book, When Politicians Panicked. |
Brad Smith, USAT We need to talk together — across the political aisle and between the public and private sectors. |
Ethan Yang, AIER "The use of lockdown policies has shown us once again the dangers of overestimating the capabilities of state power and disregarding the importance of naturally occurring institutions in society. To attempt to bend these institutions with the force of lockdowns is to attempt to bend human nature... |
Editorial, New York Post Various Democrats (and some Republicans) in Congress threaten to vote against President Joe Biden's infrastructure package unless it repeals the SALT cap. It's all the more reason to keep the cap. … |
Charlie Mitchell & Austin Frerick, Vox Iowa's largest hog producer courted power and turned farming into a numbers game. Businesses like it are increasingly the norm. |
Editorial, New York Post Eight trillion dollars. That's how much President Joe Biden has proposed in new spending — in just the 2½ months since taking office. It's an absurd figure, equal to more than a third of America's … |
Travis Nix, Washington Examiner With slim majorities in the House and Senate, Democratic lawmakers have a prime opportunity to get their pet projects passed thanks to President Joe Biden's $2 trillion "infrastructure plan." And it's an opportunity that Rep. Tom Suozzi of New York isn't passing up. He's threatening to vote against… |
Editorial, New York Times The corporate income tax has been gutted. Raising rates and cracking down on evasion are sensible ways to come up with trillions of dollars. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Angelo Calvello, Institutional Investor Is the mysterious maker of the 'Unicorn Trading System' what it claims to be? |
Liz Wolfe, Reason 2020 was nobody's idea of a good year, but the ability to smoke pot in my own backyard, mostly free from fear of arrest, majorly redeemed it. |
Michael Harris, Price Action Lab Don't cherry pick the start date to make your point. |
Matt Egan, CNN Panic gripped the energy market last spring as a frightening realization dawned on oil traders: The world was rapidly running out of space to store excess crude. |
Jason Goepfert, SentimenTrader The 1-year growth in margin debt hit a 20-year high in March as smart money corporate insiders see a sudden spike in selling. |
Laura Tyson & Jan Mischke, Project Syndicate After years of disappointing productivity growth, the COVID-19 pandemic has shaken something loose, with surveys of business executives showing most reporting increased investments in technology. The danger now is that the pandemic-era acceleration of automation and digitalization impedes growth in labor income and consumption. |
Allison Schrager, City Journal If history is any guide, the result will be lower growth and more risk. |
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