Lessons from history on inflation and political risk
The great inflation debate in the U.S. is still in its early stages, but the most recent inflation print, showing May’s consumer prices rising at their fastest rate since 2008,…
Putting underused renewables to work mining cryptocurrency
Most politicians greatly dislike the idea and use of cryptocurrency. It threatens the fiat money central banks print in increasingly massive amounts, and avoids the increasingly intrusive controls governments enforce…
Putting the brakes on an impatient progressive faction
It’s no secret that some politicians are in a very big hurry to make government even bigger and more intrusive than it is today. The most forceful voices for the…
We aren’t cutting spending nearly enough
The federal government wastes money. It always has, it always will. But it is still both fascinating and sometimes enraging to discover the new ways in which taxpayer dollars are…
How lax monetary and fiscal policy may spur inflation’s return
More voices are warning that the federal government’s spending orgy, coupled with the Federal Reserve’s aggressive interference in the markets will end both in tears, and recession. Via RealClear Markets…
FBI drops demand for identifying information on USA Today readers
It’s not unheard of for law enforcement to demand records and documents from the media in the course of an investigation. Such demands are most often refused, with the press…
Warren’s plan to expand the IRS takes a hit…from the IRS
Senator Elizabeth Warren’s plan to permanently boost the Internal Revenue Service’s budget was probably going to be a tough sell, even before people starting picking apart the bad math behind…
A bipartisan Senate majority endorses a costly, unnecessary industrial policy
The U.S. Senate has decided to go all-in on a new U.S. industrial policy, voting 68-32 to approve a $250 billion package that is supposed to help America stay ahead…
Sending big government after big tech is a big mistake
The New York Senate has passed legislation that would make it easier for individuals to sue big tech companies for behaving like monopolies. It’s part of a larger, bipartisan, national…
Environmentalists against renewable energy
The nation’s electric companies are moving aggressively into solar and wind power, following not just consumer demand for renewable energy, but state and local mandates that require power companies to…