In her new book, Ray Madoff argues that America's wealthiest exploit the tax code at the public's expense. But her critique understates both... Read More
Trump isn't the first to suffer from it. Read More
Anyone doubting that China’s economic growth model is running out of steam has not been paying attention. Read More
Economic decay and America’s strategic opening. Read More
The conventional analysis of China's persistent surpluses fails to see them for what they are. Read More
In financial planning, we can use another calendar event as a similar reminder to perform a quick financial checkup: the middle of the year. Read More
Prying policy specifics from a political candidate often is like tugging a bone from a bulldog. So, democracy sometimes resembles... Read More
Social Security was a monstrous mistake. That’s paradoxically why it must not be “reformed.” Reform would unleash a... Read More
The greatest obstacle to the next phase of space development is not technology but economics and law. Read More
Detroit voters express doubts about Abdul El-Sayed's far-left Senate bid as the city's revitalization undercuts the socialist message in... Read More
It is unclear exactly what Trump has in mind when he says “communism." Read More
Tech needs to invest not only in fighting the proposed tax but also in changing culture that brought it about. Read More
The popularization of drugs like Ozempic is shifting the way consumers spend and forcing businesses to adapt Read More
Last week, the House passed the Sunshine Protection Act of 2025 with bipartisan support, as evidenced by a 308-117 vote. It will now move to... Read More
For much of its five-decade history, the Colorado Energy Office was a small department with a handful of employees who supported practical,... Read More
Robert Reich has spent more than half a century arguing with my father. Read More
On July 10, the Department of Labor told the Supreme Court that retirement plan fiduciaries should be judged by how they made their... Read More
Republicans muscled through a watered-down stock trading ban, but Democrats are calling it out as partisan theater — with some very real... Read More
It feels like everyone’s been waiting for tech and artificial intelligence (AI) stocks to sell off for months. Well, the selloff is... Read More
Investor Michael Burry and other AI bears have spent months warning that the Big Tech capex boom cannot last. To them, this latest selloff... Read More
In recent weeks, the widely watched Philadelphia Semiconductor Index (SOX) has slid lower, breaching -20% from its June 22 peak on Friday.... Read More
Mamdani's plan would reduce permits, licensing fees, and regulatory hurdles, even as his broader economic agenda remains contentious. Read More
There are good reasons to continue to invest globally this year, but look beyond emerging-market AI stocks. Read More
More than 200 projects have been canceled, costing nearly a half million jobs. Read More
Revisiting the forgotten inventors of the cotton picker. Read More
Learning from Britain's missteps doesn't mean looking down on them. Read More
Fundamental economics is true Read More
Prop bets have entered the world of weddings. Read More
Edward Fishman's Chokepoints thesis explains the dynamic: geopolitical leverage concentrates not in reserves, but in the narrow passages... Read More
It is not often that markets punish companies for making too much money. But that’s been the fate of memory chip manufacturers, whose... Read More
A few under the radar things that suggest that maybe things aren't as bad as we've been told. Read More
Is the equity risk premium disappearing? Explore stock valuations, CAPE ratios, market-timing pitfalls, and why disciplined rebalancing beats... Read More
While tariffs may protect some domestic industries, they ultimately reduce aggregate output, manufacturing activity, and the global... Read More
Everyone is worried about Chinese models, but the frontier labs will be fine; we need to enable open U.S. alternatives. Read More

On July 10, the Department of Labor told the Supreme Court that retirement plan fiduciaries should be judged by how they made their decision, not by whether the decision made money. The brief, filed in Anderson v. Intel Corp. Investment Policy Committee, argues that ERISA imprudence claims require a named benchmark and a documented process, not just a bad quarter. Washington is treating ... Read More
In recent weeks, the widely watched Philadelphia Semiconductor Index (SOX) has slid lower, breaching -20% from its June 22 peak on Friday. Now many are calling it a bear market—and a harbinger of doom for stocks broadly, especially because of the widespread (mistaken) view the whole bull market hinges on AI and Tech. The big problem with this: One set of stocks isn’t a leading indicato... Read More