07/22/2021
Today
Allison Schrager, City Journal If you want to reduce inequality, these new proposals aren't the way to do it. |
Erin Griffith & Lauren Hirsch, NYT The stock trading app is opening its initial public offering and investor presentations to everyday investors. The risks are significant. |
James Surowiecki, MSNBC Meme-stock traders have created a Bizarro World version of shareholder capitalism. |
John Tamny, RCM "He has not been able to speak since 2003, when he was paralyzed at age 20 by a serious stroke after a terrible car crash." "He" is Pancho, who chose to not disclose his real name. The words in quotes come from the Pam Belluck, of the New York Times. Belluck explains that in "a scientific milestone," scientists "have tapped into the speech areas of his [Pancho's] brain - allowing him to produce comprehensible words and sentences simply by trying to say them." This is all made possible by electrodes "implanted in his brain" that "transmit signals to a computer that displays them on the... |
Christian Watson, Washington Examiner Americans would struggle to find a college campus or corporate board room that doesn't emphasize diversity, equity, and inclusion. |
John Merline, Issues & Insights Where is that army of media fact-checkers when you need them? |
Jonathan Russo, RCM I voted for and donated to Joe Biden. The dozens of tell all's already written about Trump's conduct in office only confirmed my long-held beliefs. The scores more with pub dates from here to eternity will only fill in more sordid details. One of the reasons for my Biden vote was a hoped-for return to reality and some tangential connection to facts, not lies. On balance, Biden is making progress on many fronts. However on our southern border with Mexico reality is worse and the truth is being obfuscated. When the New York Times puts immigration on the front page and states the situation is... |
Mark Mills, FEE Storing the energy equivalent of one barrel of oil, which weighs 300 pounds, requires 20,000 pounds of Tesla batteries ($200,000 worth). |
Russell Weaver, Hill Rising self-employment among low-wage workers might be related to financial security from enhanced unemployment insurance. |
Yana Pashaeva, Slate Flights are getting more expensive and can be canceled last minute. |
Trish Regan, American Consequences Jerome Powell's case of inflation-denial has turned the Wall Street maxim of "don't fight the Fed" into "don't trust the Fed." |
Dylan Matthews, Vox Why fears of the return of 1970s-style inflation are overblown. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Brad McMillan, Commonwealth Financial Network According to NBER, the COVID recession is over. But is it? Commonwealth CIO Brad McMillan weighs in. |
Richard Moody, Regions Bank |
Seth Karp & Greg Segal, THC In the more than 35 years since federal legislation created organ procurement organizations (OPOs) to recover organs from deceased donors for transplantation, there has been a disparity in their performance,... |
Daniel Kern & Renee Kwok, TFC Financial Management |
Pete Buttigieg & Marty Walsh, CNN If you have walked into a store and seen items missing, or wondered why home improvement contractors are backed up, or found your business waiting for vital orders -- then you have witnessed just some of the effects of America's challenges with truck driver capacity. |
Richard Ebeling, AIER "If Joe Biden's Executive Order is fully implemented we will be that much closer to a comprehensively managed economy, with nothing done by any private enterprise free from the intrusive hand of government. Welcome to President Biden's Orwellian newspeak – 'freedom of enterprise' really means... |
Eduardo Porter, New York Times The sharp rebound in hiring, especially in service industries, is widening opportunities and prompting employers to compete on pay. |
Geoff Williams, U.S. News & World Report It would be easy to assume that it's rare to encounter counterfeit money. After all, plenty of people rely on credit and debit cards and even cryptocurrency, and go long stretches of time without touching a dollar bill or quarter. |
Samuel Gregg, Law & Liberty The gold standard's history reminds us that not every economic challenge demands a centralized political solution. |
Rainer Zitelmann, Washington Examiner In the past 100 years, there have been attempts to build socialist societies in at least 24 countries around the world. Soviet socialism was different than the socialism in China, Yugoslavian socialism was different than socialism in Cuba, North Korea was different than Vietnam, and Albania was… |
Bryan Riley, The Hill So far, 2021 is shaping up to be an awful year for international trade. |
Robert Powell, USA TODAY It's not a new discovery that Social Security income will fall short of scheduled benefit. But there's no need to overreact. |
David Eifrig, American Consequences Be it the German mark of the 1920s or the U.S. dollar now, hyperinflation is tragically timeless. And it's coming after your savings. |
Binyamin Appelbaum, New York Times The company's exit from a federal program that provides free tax-filing software is an opportunity for the I.R.S. to create something better. |
Rebecca Heilweil, Vox Blue Origin launched its first flight with humans aboard, including billionaire Jeff Bezos. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Izabella Kaminska, Financial Times You might have heard the term "DeFi" making the rounds in the cryptosphere. Like us, you may even have tried to understand what it was all about but given up due to the complexity, opacity and jargon surrounding its key aspects. |
Steve Randy Waldman, Interfluidity Increasingly I think that "crypto" — meaning blockchains like Bitcoin and Ethereum, their imitators and would-be successors — is a transitional technology. |
Ed Zitron, Where's Your Ed At A classic thing that really specific people are writing at the moment is that people "don't want to work." But that isn't really right. |
Morgan Housel, Collaborative Fund Money buys happiness in the same way drugs bring pleasure. |
Ed Christman, Billboard Taylor Swift tops Billboard's annual ranking in a year that saw top-streaming hip-hop acts, replace the rock and country acts that fill arena and stadiums. |
Leonard Kostovetsky, The Blindfolded Chimpanzee The stock market's movements are not always reactions to news. Some price changes are due to randomness and sometimes what's newsworthy is a lack of news. |
John Rekenthaler, Morningstar The lesson learned by translating yesterday's dollars. |
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