The Grown Up Tax Bill: Sorry, Grown-Ups Are Out of Stock
Scott Galloway recently sketched out a common-sense set of tax reforms that would go a long way to reducing the widening federal deficit. There’s…
Can the Developed World Grow Its Way Out of Stagnation?
The developed nations share many of the same sources of stagnation: 1. Demographically, their cohort of retirees drawing government benefits is expanding with no…
The United States of Impunity
It is appropriate to discuss the United States of Impunity on Bastille Day, which commemorates the start of the French Revolution in 1789, for…
What Do We Value?
What do we really value? I use the word “really” here to differentiate what we say we value from our behaviors and choices that…
Three Choices, None Good
We like to think we’re special and this moment in history is special, but alas, we’re still running Wetware 1.0 which was coded between…
Illiquid, Overvalued
Illiquid, Overvalued describes a great many assets that are on the books as “rock-solid investments.” Illiquidity means there are few if any buyers for…
Wok This Way
Now that everyone is shouting “look at me!” online in obsessively curated images and videos, I’m wary of posting anything that smacks of Attention…
To Make America Great Again, Start Here
It’s a big ask, but let’s depoliticize the phrase “make America great again” and consider what this would actually entail, not as a lobbyists’…
America’s “Healthcare” System Is Now a Structured Financial Skim/Scam
I’ve been writing about America’s healthcare system for 18 years, emphasizing two enduring themes: 1) our lifestyle is unhealthy, with predictable consequences and 2)…
The No-Win Bubble “Wealth Effect”: Either Way We Lose
I have endeavored to explain how our economy has changed dramatically over the past 50 years beneath the surface. Nothing that’s going to happen…