Book Review: William Mellor and Dick Carpenter's 'Bottleneckers'

In Pasadena, CA in the 1970s, a married mother-of-two in my neighborhood began a daycare service out of her house. Interesting at the time was that not long after starting her business she was visited. […] » Full Post

Source: RealClearMarkets - Articles |

Trump Takes Aim at Canadian Lumber, Only to Injure Americans

Thirty years ago, when I worked for the Premier of Canadas largest province, one of the biggest issues we had to contend with was U.S. efforts to impose tariffs on Canadian softwood lumber a move that. […] » Full Post

Source: RealClearMarkets - Articles |

A Thought-Provoking Study of the American Dream's Promise

Tyler Cowens The Complacent Class: The Self-Defeating Quest for the American Dream is a thought-provoking examination of what the American Dream is and how people reach it, using economic and sociolog. […] » Full Post

Source: RealClearMarkets - Articles |

The Obama Era Rules the FCC Must Undo

Since Chairman Ajit Pai was named as Chairman of the Federal Communications Commission (FCC) in January, I’ve been encouraged by his moves to fix onerous regulations put in place by the Obama Adm. […] » Full Post

Source: RealClearMarkets - Articles |

'Buy American, Hire American': Cruel to U.S. Businesses and Workers

Whether its Wal-Mart, Safeway, CVS, or any other kind of local or national retail chain, the norm nowadays is for customers to swipe loyalty or customer care cards during checkout. Membership is a way. […] » Full Post

Source: RealClearMarkets - Articles |

What Troubles Me, and What Should Trouble You Too

"The problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts."- Bertrand Russell As Grandma Koufax taught me, I often live in constant. […] » Full Post

Source: RealClearMarkets - Articles |

Inclusive Growth Requires Maintenance of Full Employment

One reason for growing inequality is high rates of joblessness among those without much education. If you dont have a job, your income plummets. And while unemployment insurance or other benefits can. […] » Full Post

Source: RealClearMarkets - Articles |

The Trump Stock Boom: Real or Just An Illusion?

The last thing President Trump now needs is for the stock market to go south on him. After all, hes got worries aplenty: abroad, North Korea, Syria, Russia and Brexit; at home, the stalled effort to r. […] » Full Post

Source: RealClearMarkets - Articles |

Protectionism Is a Boomerang That Whacks Its Proponents

As a Canadian, I have to admit that President Trump is right when he criticizes a new Canadian policy that gives Canadas producers an incentive to buy domestic supplies of ultra-filtered milk. But the. […] » Full Post

Source: RealClearMarkets - Articles |

Shorten Your Investment Horizons, and Then Hang Tight

We are all traders now! "ETF's are a great innovation, but an over-population of any innovation could cause unintended consequences if left unmonitored. We have seen this in many market cycles, from d. […] » Full Post

Source: RealClearMarkets - Articles |

Kill the Death Tax, and In Return Kill the Muni Deduction

Who says politicians arent an innovative bunch? Just take a look at the federal budget, and one discovers considerable innovation in dreaming up ways to take and spend other peoples money. Among the m. […] » Full Post

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Sacramento Kicks the California Can to Future Generations

In the last month, California Governor Jerry Brown declared the 5-plus year California drought officially over and Sacramento Democrats, with the help of one rogue Republican State Senator, passed a b. […] » Full Post

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The Fed Looks for Solutions In All the Wrong Places

Because of the way things have turned out, events that occurred ten years ago remain freshly relevant today in a way that couldnt be said of past periods. The Crash of 1987, for example, was but a foo. […] » Full Post

Source: RealClearMarkets - Articles |

The Economics of Aliquippa, PA, and the Evolution of S.L. Price

Memory need not deceive, but it is mercifully selective C.J. Maloney, Back to the Land In 1983 All the Right Moves, a film about a high school football team within a dying steel town (the fictional Am. […] » Full Post

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I'm Not Short Simply Because This Bull Market Won't Die Easily

"Welcome to the party, pal." --John McLane, "Die Hard" For the first time in a long while, I am not short any indices and I own no leveraged inverse market ETFs. It is not because I am bullish. I am n. […] » Full Post

Source: RealClearMarkets - Articles |