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The Shiller CAPE ratio has only been higher once in 150 years. The Buffett indicator is 2.5 standard deviations above trend. 40% of the...
As the economy falters, socialists are getting elected, promising free goods and services and an end to the chaos. Even when they make things...
In the year since Donald Trump’s “liberation day” in April 2024 fewer Americans are now working, and inflation-adjusted hourly earnings are still below where...
In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover”...