Frugal vs. Independent

Morgan Housel, Collaborative Fund

Here's an important distinction about people who spend less than they earn.

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Will High Interest Rates Trigger a Debt Disaster?

James K. Galbraith, Project Syndicate

James K. Galbraith shows that renewed warnings about dangerous debt-to-GDP ratios are belied by history and recent experience.

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Wall Street's 2024 Market Predictions

Matthew Fox, Markets Insider

From a potential economic recession to continuation of the ongoing bull market, here's what Wall Street expects to happen next year.

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Gold Bars & Tokyo Apartments: How Money Is Exiting China

Keith Bradsher, NYT

Chinese families are sending money overseas, a sign of worry about the country's economic and political future. But a cheaper currency is also helping exports.

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New Billionaires Are More Likely To Inherit It Than Earn It

Hanna Ziady, CNN

Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship for the first time since UBS started tracking the fortunes of the world's richest almost a...

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Drink Deeply of Alabama's 4th and 31 Miracle. It's Past Tense

John Tamny, RCM

If you're reading this write-up you're aware that Alabama beat Auburn in the annual Iron Bowl (college football's best rivalry) on a last play, time running out, 4th and 31 pass. Alabama wideout...

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Why Mark Cuban Is Selling The Dallas Mavericks

Joe Pompliano, Huddle Up

This has much more to do with the Adelson family backdoor lobbying to legalize casino gambling than anything else.

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