10/07/2021
Today
John Stossel, American Consequences One libertarian broadcasting icon litigiously takes on the embattled Big Tech monolith over First Amendment concerns. |
Clare Duffy, CNN Facebook is no stranger on Capitol Hill. Its executives have repeatedly been hauled in for hearings amid the social media giant's various scandals, as have other experts on the company. But Tuesday's hearing stood out for the strong performance of witness Frances Haugen. |
Todd Seavey, Splice Today J6 can't do the damage the Fed, the other BLM, and spending bills do. || Todd Seavey |
Michelle Shen, USA Today Defining who is (and isn't) middle class is more than just a number. It's also about aspirations and how we see ourselves. |
Leonard Hyman & William Tilles, OP The electricity crisis appears to have gone global and while plenty of observers appear to be blaming a 'perfect storm' of events, the truth is that electricity providers are being punished for refusing to plan |
Market Minder, Fisher Investments Volatility under the hood is normal—don't read too much into it. |
Eswar Prasad, Fortune Commentary: Conflicting policy signals may fuel uncertainty and volatility. |
John Tamny, RealClearMarkets A 2018 Frontline episode titled Our Man in Tehran followed Thomas Erdbrink, who was at the time Tehran bureau chief for the New York Times. One of Erdbrink's stops in this most fascinating of documentaries was an outdoor currency exchange. Paraphrasing the trader whom Erdbrink interviewed, "They hate the Americans, but we don't." "They" was the Iranian leadership. They're not fond of the U.S., but it seems the Iranian people view the U.S. differently. Notable about this currency trader was that he was trading dollars. Yes, the dollar is the currency of exchange in Tehran. Some reading this... |
Michael Hendrix, Governing Residents of Sun Belt metros rate quality of life higher than residents of other fast-growing regions. But common concerns suggest that local leaders should pay more attention to the basics of governance. |
Jeffrey Tucker, Brownstone The Human Resource order comes down to you with ferocity: get the vaccine or lose your office access and eventually your job. You are stunned. You had heard that the Biden administration was favoring this but your company has only 150 employees and it lives entirely within the private sector. Surely this cannot be right. Surely there is a way to fight back. Maybe a lawsuit against the mandate is in order. |
Kevin Kosar, The Hill The broken budget process is a wicked hard public policy challenge: How to craft a budget reform act that incentivizes politicians to budget responsibly and to stop indulging the public's appetite for free lunches? |
Li Zhou, Vox Republicans are using the debt ceiling to send a political message. |
Carrie Schwab-Pomerantz, Charles Schwab Cryptocurrency can yield big gains, but equally big losses. |
Drumetz Françoise & Pfister Christian, Banque de France In the last few years in the U.S. and especially since the publication of Stephanie Kelton's book, The Deficit Myth (Kelton, 2020) in Europe, the so-called Modern Monetary Theory (MMT) has been gaining prominence in the media and the public. This paper exposes the main proposals of MMT in the light of their doctrinal sources, also confronting them with economic facts and with other currents of economic thought. |
Robin Powell, TEBI Like many other investors, you may be worried about inflation, but the best strategy is probably to stay invested and focus on your long-term goals. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Preston Caldwell, Morningstar We think high inflation will be temporary. |
Marko Csokasi, Commodity.com Find out which US states owe the most dept per capita. You'll find a summary of the 15 most endebted local US governments and more. |
Jeffrey Kleintop, Charles Schwab Japanese stocks have rebounded to 30-year highs and became the world's best performers in September and the third quarter. |
Willem H. Buiter, Project Syndicate Across the advanced economies, central banks have rightly prioritized maintaining financial stability and supporting the real economy over fighting inflation with interest-rate hikes. But with financial fragility rife and public and private leverage at all-time highs, their next big test is coming. |
Ed Caesar, The New Yorker Stranded in Yemen's war zone, a decaying supertanker has more than a million barrels of oil aboard. If—or when—it explodes or sinks, thousands may die. |
Joshua Brown, The Reformed Broker Here is a replica of one of my favorite NFTs. |
J.D. Tuccille, Reason Governments may not be able to make an economy, but they've proven they can break it. |
Rani Molla, Vox Autonomous tech could lead to deaths at the hands of robots. But is continuing to let humans drive even worse? |
James Bovard, AIER Unfortunately, as long as politicians can profiteer from restricting imports, protectionism will continue reviving. Most of the media continues to ignore the economic carnage resulting from protectionist decrees that, after all these years, still cannot pass the laugh test. |
Li Yuan, NYT Beijing is opening its financial system to foreign banks — and they have maintained their traditional openness to the Communist Party's rule. |
Antony Davies, AIER "Federal spending is out of control. Politicians know it and they know that they can't stop it. A day of reckoning is coming. Politicians hope that we'll keep pointing fingers at the rich so we don't notice who the real culprits are." ~ Antony Davies |
Michael Cohen, MSNBC.com Congress is more interested in preparing for an unlikely war with China than helping Americans at home. |
Andrew Lautz, The Hill Politicians should implement a bipartisan plan to get our country's finances back in order. |
Travis Nix, The Examiner With President Joe Biden's approval ratings in decline and his $3.5 trillion spending package losing key Democratic support, his administration has resorted to making up a new definition of income as a way to scare the public and Congress into supporting his job-killing tax hikes. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Mike Lee & David Schweikert, City Journal A runaway environmental-review process bogs down improvement projects, stifling innovation and impeding clean-energy development. |
Amy Arnott, Morningstar Following a disciplined investment strategy can help you keep more of what your fund holdings earn. |
Michelle Celarier, II Engine No. 1's victory in a boardroom battle with ExxonMobil is taking ESG investing to the next level. |
Chris Edwards, Cato House Speaker Nancy Pelosi says the new spending is "for the children," but added debt will work against the children and drag down their standard of living. |
Barry Ritholtz, The Big Picture Most of the time, most of the things we worry most about turn out to be mostly meaningless. They work themselves out without any help from us. Its an important lesson for investors. |
Francine Kiefer, The Christian Science Monitor Three frontline workers walk us through global supply chain troubles, as seen in the clogged port of Los Angeles. |
Ben Carlson, AWOCS A 20% gain for national home prices over a one year period is absolutely nuts. |
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