Drew Holden on Net Neutrality
A wild ride through the history of net neutrality. With receipts. Read all of Drew Holden on Net Neutrality. Continue Reading →
Category Archives: Economic policy
Fitch Downgrades the US
Fitch downgraded U.S. debt to AA+. Herb Stein once said “If it cannot go on forever, it will stop.” The current path is unsustainable.Fitch downgraded U.S. debt to AA+. Herb Stein once said “If it cannot go on forever, it will stop.” The current path is unsustainable. Continue Reading →
The Fed is Out of Control
“Although the report was published as a report of the Board of Governors, it was the product of one Board Member, and was not reviewed …” Continue Reading →
First Quarter GDP
First quarter growth was driven by Federal government hiring. Higher government cost was a major contributor to the ongoing inflation. Continue Reading →
Colin Grabow on the Jones Act
Colin Grabow (@cpgrabow) and Scott Lincicome (@scottlincicome) are two must-follows on Twitter on the subject of international trade. Here’s Colin’s latest Twitter thread on the Jones Act. Continue Reading →
Silicon Valley Bank and the Regulators
One question that has come up is whether this was a failure of regulation. Stanford Prof. John Cochrane is a proponent of this idea. I don’t find his arguments persuasive. Continue Reading →
Silicon Valley Bank
On March 10, Silicon Valley Bank was closed by the FDIC. The main cause was an incompetent management team that wasn’t interested in banking. Continue Reading →
Biden Administration Trying to Force ESG Rules on Fiduciaries
Biden wants to force ESG rules on fiduciaries. If markets are efficient, portfolios that maximize returns must outperform all others, Continue Reading →
Baby Formula Shortage
There is a baby formula shortage in the U.S. today. Relaxing U.S. restrictions on imports would help. Congress is incapable of doing that. Continue Reading →
Repeal the Jones Act
Puerto Rick is a hurricane magnet. After the last one, power was out for 928,000 residents. The island has many diesel power generators. A tanker full of diesel was moored off the coast. But it wasn’t allowed to dock. Why? The Jones Act. Continue Reading →