For the past 30 years or so, the Left has invented a narrative that there are two Americas: a group of very super-rich people (the one-percenters) who have prospered over the past several decades, and everyone else who has gotten poorer. It's a fairy-tale narrative because almost all Americans have ...
The latest Census Bureau data on population changes in America should have been a wake-up call to lawmakers in blue states and cities. The Census data provide even further evidence that "soak the rich" tax policies have incited a blue-state meltdown. California, New York and Illinois all lost the ...
Repeat after me, class: Growth does NOT cause inflation. Write it on the blackboard 100 times. For decades, the economics profession has been trying to tell us all just the opposite. They keep shoveling out the dumbest economic concept of all time: the Phillips Curve. This was the lame-brained ...
Nothing exemplifies America's tech industry dominance in the global economy more than the meteoric rise of what is now being called the "Magnificent Seven" stocks -- Amazon, Apple, Google, Meta, Microsoft, Nvidia and Tesla. These companies single-handedly account for nearly all the gains in the ...
The late, great humorist P.J. O'Rourke used to quip that everyone wants to save the world, but no one wants to wash the dishes. Well, now that can be said for traditional environmental groups that seem to have lost their way. Green groups are supposed to be about keeping our rivers, lakes and ...
There's a political cartoon going around that shows John F. Kennedy and Robert F. Kennedy sitting on a couch watching a speech by Robert F. Kennedy Jr. The two hold their palms to their heads and moan that their legacy is being twisted and ruined. This has the situation completely backward. It ...
Let's face it. Anyone who works in, or just visits, the Wall Street area of Manhattan can't deny the aura of power and money isn't what it was 20, 30 or 50 years ago. The vibrancy, the financial dominance, the gusto seems to have gone missing -- so have many of the Gordon Gekko high rollers. ...
In the last several months, I have debated some of the intellectual leaders of a group called the "national conservatives." I consider myself a conservative (on most issues, though I lean more libertarian). National conservatives are well meaning and make some very valid points about the things ...
One of the most enduring lessons of American history is that the banning of liquor sales and consumption ("the noble experiment") was a colossal failure. Drinking didn't go down much, but the profits ended up going not to legitimate businesses but bootleggers and the mob, while the murder rate ...
One of the textbook marketing flops of all time was the Ford Edsel sedan, which was heralded as the hot new car in the late 1950s. All the automotive experts and Ford executives said it was a can't-miss. Henry Ford (the car was named after his son) guaranteed hundreds of thousands of sales. But ...