The Stock Market: A Voting and Weighing Machine

John Rekenthaler, Morningstar

What economist Ben Graham's dictum can tell us about stock market behavior after the latest presidential election.

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The Origins of the Modern Era of the Federal Reserve

James K. Galbraith, IFNET

Fifty years ago the actions of the Federal Reserve mattered. Today, so far as the aggregate measures of the American domestic economy go, they do not.

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An External Revenue Service?

Laura Williams, The Daily Economy

The only difference between taxes and tariffs is the location of the seller. Regardless, the buyer pays the cost.

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How China Dominates Global Shipbuilding

Robert Kuttner, The American Prospect

How China uses subsidies to dominate the shipbuilding industry

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The Great David Lodge Helped Us to Relax, & Relax Some More

John Tamny, RCM

I was first introduced to David Lodge's endlessly good novels when a college girlfriend gave me her copy of Nice Work. The book was assigned to her in a senior-year English literature class at...

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Why The Trump/Musk Bromance Won't Last

Allan Sloan, Barrons

Will Musk buy Truth Social from Trump?

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There Are No Grown-Ups In California

Kelsey Piper, Vox

Will the state's fire mismanagement finally force Californians to demand better?

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