10/31/2020
Today

Do We Want Pre-C19 Trump Growth, or Biden Stagnation?

Bernie Marcus, Fox News

Trump deserves a second term not despite his COVID-19 response but because of it.

Biden Looks like a Safe Pair of Hands for Economy

Jeffrey Frankel, Project Syndicate

Contrary to popular belief, Democratic presidents have been better for the economy than Republicans

Donald Trump's Economy Really Was Better Than Obama's

Karl Smith, Bloomberg

At least until the pandemic, the president's unconventional policy got unprecedented results.

Meet the Economists Who Got Joe Biden to Where He Is

Kara Voght, Mother Jones

Fixing the economy might be his biggest challenge if he wins, and the wonks shaping that agenda offer clues for how he'll do it.

Bitcoin Changed the World. It's Time For Us to Adapt

Rep. Warren Davidson, RCM

On October 31, 2008 Satoshi Nakamoto changed the world. Someone, or several people, writing under the pseudonym of Satoshi published the Bitcoin Whitepaper. The cryptography was brilliant. It used Markov chains and a distributed ledger to provide what has become the world’s most secure, internet-connected, computing network. But that wasn’t the goal. Bitcoin launched a true rival to gold as a store of value. And Bitcoin launched a true rival to fiat currency whose primary utility has devolved to a means of exchange and unit of account. Finally, Bitcoin did this in a way that was...

Economic Implications of Election 2020

Seth Berenzweig & John Tamny, The Capitol Brief

The economic meaning of Trump v. Biden.

Why Investors Should Simply Ignore Next Week's Election

Justin Spittler, RiskHedge

RiskHedgeâ?"Disruption Research, Disruptive Technology Stocksâ?"RiskHedge helps investors profit from disruption by providing research on the latest breakthrough technologies and the stocks driving them.

The Big Market Moving Event Next Week Is November 3rd

Pat O'Hare, Briefing.com

Blue Places Have Been Hit Harder Economically Than Red Ones

Jed Kolko, NYT

The different mix of jobs is a big driver, but there are other factors, too.

Big Tech Needs an Entirely New Business Model

Nick Couldry & Dipayan Ghosh, Slate

Time for a digital realignment, one that can correct the social harms unleashed by the current internet.

Book for Free Thinkers: They're Both Wrong

Ethan Yang, Am. Inst. for Econ. Research

John Tamny's fourth book mocks the policy pretense of both sides.

I Hope NYC's The Strand Survives, But Let's Not Overdo It

Russ Smith, Splice Today

NYC has a lot of indie bookstores that need money more than the Strand. And a nod to the great Jerry Jeff Walker. || Russ Smith

How Would Biden’s Tax Proposals Impact Your Tax Liability?

Kyle Pomerleau, AEI

In our recently updated analysis of Joe Biden’s tax proposals, we found that the Biden plan would raise federal revenue by $2.8 trillion over the next decade. Almost a quarter of that new revenue would come from individual income and payroll tax increases that fall primarily on high-income households.

ETFs and Taxes: What You Need to Know

Michael Iachini, Charles Schwab

Different ETF structures have different tax implications. Be informed and avoid unpleasant surprises come tax time.

Extreme Poverty Plummets

Robert Murphy, Foundation for Economic Education

Capitalism rushes people out of desperation.

Is Your Financial "Go Bag" Packed, Ready?

Carrie Schwab-Pomerantz, Charles Schwab

Having a digital or physical financial "go bag" as part of your emergency plan is more important than ever these days, says Carrie Schwab-Pomerantz.

C19 Lessons Applicable to Less Exceptional Situations

Jeff Erber, Grey Owl Capital

Is the Recent Market Pullback Positive?

Brad McMillan, Commonwealth Financial Network

Economy Poised for More Growth

Brian Wesbury & Robert Stein, First Trust Advisors

Dire Rates: The Biden Tax Plan

Kevin Hassett, National Review

Biden intends to reverse the policies that led to higher investment, productivity, and wage growth at precisely the wrong time.

How A Century of RE Tax Breaks Enriched Donald Trump

James B. Stewart, NYT

The real estate industry has long enjoyed uniquely favorable tax treatment thanks in part to Mr. Trump's actions before and after he became president.

The Managers Who Found Unlikely Covid-19 Winners

Amanda Cantrell, II

Boat makers. Home improvement retailers. Industrial real estate. These stocks have improbably crushed it this year.

A Stock Market Bubble Is Forming

John Rekenthaler, Morningstar

However, it has not (yet) become a mania.

The Stock Market Is Overvalued. Here's The Proof

Mark Hulbert, MarketWatch

The stock market is hugely overvalued when judged against almost any historical standard. That's the conclusion that jumps out from the accompanying table,...

Paul Krugman, The Lock'em Down Economist

Jenin Younes, AIER

Extraordinary claims require extraordinary evidence.

The Economy Could Lose a Generation of Working Mothers

Bryce Covert, Vox

Hundreds of thousands of women have been pushed out of work during the pandemic. It's a catastrophe that could set them â?" and America â?" back years.

Universal Basic Income: An Unequivocally Bad Idea

Nick Buffie, Quillette

I first heard the phrase "Universal Basic Income" when I was sitting in a Wesleyan sociology class. The liberal version of UBI is unworkable, and the conservative version would throw millions into poverty. Regardless of how one tinkers or modifies the details, UBI is an Unequivocally Bad Idea.

How Trump Maneuvered His Way Out of Trouble in Chicago

David Enrich, NYT

When his skyscraper proved a disappointment, Donald Trump defaulted on his loans, sued his bank, got much of the debt forgiven and largely avoided paying taxes on it.

Dishonest Politics and Coronavirus Relief

Veronique de Rugy, Reason.com

Why people continue to trust government officials is a mystery.

Gray Rhinos, Black Swans & Resilience

Peter Bakker & Keryn James, Project Syndicate

COVID-19 is forcing firms to reimagine resilience. Instead of trying to strengthen their ability to resist change, companies must learn how to adapt and adjust if they are to continue to exist as employers, value creators for shareholders, and trusted members (and servants) of communities around the world.

How COVID Has Changed Our Spending & Savings Habits

Jeanne Sahadi, CNN

The pandemic has changed how many of us use our money.

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 COVID-19 Fatality Rate (for Businesses)

Robert VerBruggen, National Review

The most dire numbers in a new Federal Reserve report pertain to restaurants.

"Contrarians Are Usually Wrong"

Ben Carlson, A Wealth Of Common Sense

They're Both Wrong: A Guide For Free Thnkers

Ethan Yang, AIER

If you get your information about American politics from the media, politicians, and even from a lot of Washington, DC think tanks, you’re doing it wrong.

City Hall Socialists

Steven Malanga, City Journal

The far Left is making inroads into local government races.

I Have A Few Questions

Morgan Housel, Collaborative Fund

They’re relevant to everyone, and apply to lots of things

Globalization Needs Rebuilding, Not Just Repair

Jean Pisani-Ferry, Project Syndicate

If US President Donald Trump is defeated on November 3, there will be no lack of eagerness to erase his international economic legacy. Policymakers should focus on taking care of global public goods, containing the weaponization of economic relations, and making the international system fairer.

'King Solar': Cheapest Electricity Source Ever?

Ronald Bailey, Reason.com

Yes, and it's only going to get cheaper.
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