On the menu today: GameStop’s rally, Andreessen Horowitz’s new media venture, Biden’s renminbi policy, and how Reddit rallies around stocks.
Yellen chaired the Federal Reserve from 2014 to 2018.
The president has taken the real need for relief and used it to advance a series of policies that owe
The week of January 18: Rational bubbles, Davos’ questionable guest, the long road to a quick vaccine, and much, much
On the menu today: climate follies, minimum-wage follies, “robber baron” myths, Crocs’ pandemic surge, and COVID-19’s long-term economic scarring.
On the menu today: Yellen’s first Senate hearing, Biden’s inauguration, Europe’s small-loan buildup, and a look back at the Plaza
On the menu today: the death tax’s (possible) new scythe, vaccines and the EU’s lethal central-planning fail, Merkel/Brezhnev, credit-market Jenga,
It’s hard to argue that this hike has more than a tangential relationship to the problems caused by the pandemic.
On the menu today: Biden’s economic plan, Yellen’s debt dilemma, and deficits in a zero-interest-rate world.
Biden’s grand plan, China’s grand plan, the regulators’ grand plans, and more.
On the menu today: a new social-network protocol, Jim Simons retires, Tesla in China, and the Twitter activist campaign that
On the menu today: Twitter’s escape into a trap, the boredom market hypothesis, losing a Bitcoin password, Rhodium’s colossal run,
On the menu today: understanding Jack Dorsey, Facebook bans #StoptheSteal, the Fed eyes Bitcoin and Tesla, and an anecdote from
Rational (for now) exuberance, irrational vaccine policies, and other dangers.
Prolonged bans are excessive and counterproductive.
On the menu today: how a weak dollar could unravel U.S. economic policy, Facebook bans Trump, the case against Big
On the menu today: The Big Board and China, vaccine distribution, Elon Musk, California, and a very expensive tweet, 0
On the menu today: the disappearance of a Chinese billionaire, SOE defaults, and the mounting risks to China’s financial system.
On the menu today: Bubbles, California’s self-destruction (continued), inflation, weed, and Beethoven.
How Miami mayor Francis Suarez is making a play to lure tech figures sick and tired of the Bay Area.
An independent and vibrant press is vital to preserving democracy.
The evidence says gig-economy workers differ from traditional employees. A New York court inexplicably decided otherwise.
On the menu today: Relief at last (plus added waste), the wisdom (or not) of lockdowns, bubble watch, chicken sandwich
Inflation (or not), stimulus (or not) and much, much more.
On the menu today: why stimulus isn’t likely to cause inflation, how the pandemic is strengthening large corporations, and some
On the menu today: FOMC December meeting, the dollar’s global-reserve status, a theory of IPO pops, and a look at
On the menu today: the Fed joins the climate club, the end of the free Internet (maybe), California (still) looking
Bubble tea and much, much more.
On the menu today: a paradigm shift on Wall Street, Airbnb’s IPO, China’s private-sector crackdown, and the Lindy Effect.
On the menu today: New York State’s retirement fund to divest from fossil-fuel companies (and other miscreants), Bitcoin as strategy,
Unemployment woes, the Fed Trap, and much, much, more.
On the menu today: Wall Street and China, Chinese debt and “Lake Woebegone” ratings, Europe’s banks, lawyers seeing green, and
On the menu today: reevaluating the labor share of income, COVID-19 vaccine approval in the U.K., Chinese investments in U.S.
On the menu today: Biden’s BlackRock hires, an “endorsement” of Neera Tanden, Christine Lagarde’s follies, (too much) office space, and
The ‘Great Reset’ masterminded by the World Economic Forum is just corporatism by another name.
On the menu today: Palantir shares skyrocket, a giant of labor economics passes away, Slack in acquisition talks with Salesforce,
On the menu today: Dow moves up, Yellen to move in, GMO and vaccines, urban tax crunches, a secret Chinese
On the menu today: the return of active management, how COVID-19 affects trust in scientists, lessons from Japan, and another
Mnuchin Wars, Space Wars and much, much more.
Silly debates over whether emergency credit-facility programs should be allowed to expire — they should — distract from a more
On the menu today: post-mortem on the Treasury market meltdown, PPP problems, the end of the CARES Act, and the
On the menu today: bitcoin surging, Senate rejects sound money, and schools close in New York City.
The regulations Sanders & Co. seek would destroy the incentives needed for innovation and leave us unprepared for the next
On the menu today: how we got a vaccine, how it works, how it will be transported, and how our
Conservatives need to rethink economic policy if they want to build a viable political coalition.
The vaccine injects some hope, but lockdowns may take it away, and much, much, more.
On the menu today: the EU takes on Amazon, the greening of the Fed, Argentina and Lucy’s football, a REIT
On the menu today: What vaccine news means for markets, how to distribute, and how it could have come quicker.
While it’s nice that industries with deep pockets were able to win carve-outs via ballot measure, the devastating effects of
Buying on a Biden landslide and buying on gridlock too, the free market’s boardroom foes, and much more.