10/18/2021
Today
Kevin Williamson, New York Post Our budget game is one part musical chairs, one part Russian roulette, and somebody is going to have to lose when the music stops. |
Michael Hiltzik, Los Angeles Times Do you know what the reconciliation bill would pay for. Here are key provisions. |
John Tamny, Forbes Joe Biden's ability to talk like a socialist is directly related to his inability to govern like one. |
Rob Smith, RCM I am a people person, and always enjoy meeting new people, especially if we share the same passions. Sometimes fortuitous circumstances bring people with similar interests together, as what happened to me the other day. GEORGE MAHER reached out to me after reading a recent article of mine: What Causes Societies to Rise and Fall. George holds a PhD in the economy of the Roman Empire from King's College London and a bunch of other fancy degrees. While I was writing the article, I thought to myself, I sure would like to know more about the Roman monetary and fiscal system. Then George called... |
Andrew Wilford, RCM Last month, Rite Aid announced that it would be transitioning its corporate workforce to a "remote-first" model of work. The pharmacy giant is hardly the first company to announce a shift toward remote work — in fact, it's fast becoming a standard in the wake of the pandemic for some businesses that can manage remote work to offer the option. That means that it's more important than ever for states and the federal government to create clarity about how state income tax burdens will function in a remote-working world. |
Market Minder, Fisher Investments Pundits and policymakers alike seem fooled by statistical skew in September's CPI. |
Benjamin Zycher, RCM? Confirmation hearings can be bombastic and they can be banal. But there always is the option of reminding agency nominees clearly of the central responsibilities of their jobs upon confirmation, an important opportunity that now presents itself with the hearing October 19 before the Senate Energy and Natural Resources committee to consider the nomination of Willie L. Phillips Jr. to be a member of the Federal Energy Regulatory Commission. FERC has a mandate that is relatively straightforward conceptually, however complex in terms of implementation decisions. To wit: "Economically Efficient,... |
George Nethercutt, Hill With the Biden administration heading in the wrong direction on crypto regulation, Congress urgently needs to step in. |
Michelle Celarier, Intelligencer Are they onto something huge again — or just fighting the last war? |
Jordan Weissmann, Slate Snarled ports. Empty store shelves. Panicky Christmas shoppers. It all flows from one issue. |
Allison Morrow, CNN It's almost 2022, but 2020 isn't done with us yet. |
Jeffrey Tucker, Brownstone Every tyranny in history depended on recruits from within the culture. The desire to cleanse society of enemies compels compliance. |
Collin Martin, Charles Schwab Rather than waiting on the sidelines, consider short-term, fixed-rate corporate bonds. |
Richard Moody, Regions Bank |
Ben Thompson, Stratechery Carlota Perez documents technological revolutions, and thinks we're in the middle of the current one; what, though, if we are nearing its maturation? Is crypto next? |
Jeffrey Kleintop, Charles Schwab Persistently going from one transitory source of inflation to the next may keep inflation elevated for longer than markets currently anticipate. |
Carrie Schwab-Pomerantz, Schwab Here are the top five reasons people give for not having a financial plan—and why everyone needs one. |
Richard Moody, First Trust Advisors |
Martin C.W. Walker, LinkedIn With advances in artificial intelligence (AI), it seems that the range of economic activities that can and will be automated is now limitless. Not for the first time, society is both thrilled and fearful of the opportunities. |
Matt Welch, Reason Nancy Pelosi, Elizabeth Warren, and co. insist that the IRS needs to know about $600 bank accounts. |
Collaborative Team, Collaborative Fund How to survive a world when what's right almost always sounds crazy at first. |
Umair Irfan, Vox Insurers are getting rocked by climate disasters. They're also shaping how we prepare for the next one. |
Jeanna Smialek, NY Times Economic policymakers have said inflation will prove temporary, but rising rents may challenge that view and pressure Washington to react. |
Sheldon Richman, Free Association Inflation is insidious. |
Ryan Avent, The Bellows On stagflation, and other risks |
Stan Treger, Morningstar What makes some people more inclined to invest than their peers? |
Diane Coyle, Project Syndicate It is unclear whether current widespread product shortages are merely a temporary disruption or evidence of a global production meltdown. But today's supply shocks offer striking parallels with the 2008 global financial crisis, and may require a similarly bold policy response. |
James Picerno, The Capital Spectator The once-bulletproof argument that investors could do no wrong by owning China stocks has suffered a reversal of fortunes in 2021. Cue up the contrarians, who are wondering if the correction in the country's equity market this year, in sharp contrast with much of the rest of the world, hints at a buying opportunity. |
Eric Boehm, Reason We've turned the presidency into an omnipotent office, and we expect that our gifts and government checks will be delivered on time. |
Alex Tabarrok, Marginal Revolution Far left or far right, both sides are huting for satanists. |
Ben Carlson, A Wealth Of Common Sense Two investors can have completely different opinions about a specific stock or the market and both can be right (or both can be wrong). It all depends on the time horizon. |
Julie Segal, Institutional Investor Technological disruption is coming for the services sector. But the blueprint may look nothing like what happened when tech reshaped manufacturing and retail. |
Soledad Ursúa, City Journal Homelessness and RV fires have overrun Venice Beach, California. |
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