Like most boys, I idolized my father, and with good reason. He was always the big man in the room. His energy was pervasive, filling every... Read More
What a difference a year makes. Last fall, President Trump was ordering U.S. warships to block oil tankers leaving the coasts of Venezuela.... Read More
The core attributes of any energy source are reliability, cost, and security. Gaining control of Venezuela’s vast oil reserves advances... Read More
Washington may have discovered the limits of economic warfare. In the Bishkek economic summit, from 31st August to... Read More
Here's why. Read More
Demand is always and everywhere preceded by production. Read More
Trump tax reforms sparked $296 billion in IRS refunds along with new deductions for qualified tips and overtime pay rewarding working... Read More
Many economists and investors expect the Federal Reserve to raise interest rates by a quarter of a percentage point at its Sept. 16-17 policy... Read More
President Donald Trump’s preferred monetary policy is simple. Is the economy sluggish? Cut interest rates. Is it heating up? Also cut... Read More
To understand a story now gripping the technology world, namely the Hugging Face Incident, start with a simple thought experiment. Imagine... Read More
Every text message, hospital record, digital streaming platform, bank transaction and smartphone app that Americans rely on operates through... Read More
It’s not just Bud Light’s past misadventures in wokeness that are to blame for its persistent sales slump. Read More
Trying to win that race is pointless. You might as well challenge a Formula One car to a sprint because you have been doing extra hill... Read More
Will the gains last? Read More
Trump no longet treats Venezuela as sovereign and Canada fears the same treatment. Read More
Trump and Bessent tried to betray Ukraine. Now they don’t have any cards. Read More
Gold has no cash flows and falls outside my value framework. So why am I bullish? Nothing changed about gold. Many things changed about the... Read More
Alejandro Betancourt has become the key go-between for the Trump administration, Venezuela’s new regime, and American oil companies. Read More
Inheritance taxes reduce investment, growth and productivity. Read More
Texas firms are increasingly integrating generative artificial intelligence (GenAI) into their business processes. Two-thirds of firms... Read More
A look at the fall of dollar assets in global official foreign exchange reserves and how it reflects the actions of a handful of large... Read More
As the United States under President Donald Trump endeavors to coerce international trading partners through the employment of economic... Read More
ISM was less positive and construction was recessionary for the second month in a row. Read More
The majority of the major asset classes rose in August, led by commodities for a second straight month, based on a set of ETF proxies. Read More
Discover the best dividend stocks with solid yields, strong fundamentals, and room to grow—even in uncertain markets. Read More
The Big Mac index measures currency valuation by comparing the price of an identical burger across countries but compare prices of iPhones... Read More

As Washington weighs how to regulate artificial intelligence, it is worth revisiting a classic question in political economy: why did the Spanish Empire — the world’s largest and richest state in 1600 — decline into oblivion by 1900, while plucky England ascended to liberal democracy, industrialization, and world superpower status in the same time frame? According to the economis... Read More
For more than a century, Perrier sold something much more valuable than sparkling water. It sold provenance. The distinctive green bottle represented natural mineral water from a particular place in France, with a particular mineral composition and history. Consumers did not need to study the label to understand what they were buying. The name Perrier itself conveyed the product. That kind of... Read More