Eric Hoffer, the Dockyard Philosopher Letter from the Editor: Editor in Chief P.J. O’Rourke Mass movements seem to be massing up these days, with protesters pulling down statues here and rally-goers pulling off face masks there… and demagogues...
A Deadly Wave That Cannot Be Stopped
By Mike DiBiase It’s far too early to think we’ve made it through the worst of the coronavirus pandemic… and the resulting economic disaster. Edie Fassnidge will never forget the picture-perfect scene along the Thai coast… In late 2004...
Behold the Magic Money Tree
As the government embraces MMT, investors and voters had better understand it. By Alan Gula Imagine running a hedge fund and never booking a loss… That’s exactly what Warren Mosler did for 15 years. In 1982, Mosler co-founded the investment...
A Chronicle of a Lost Decade Foretold
By Yanis Varoufakis To exorcise my worst fears about the coming decade, I chose to write a bleak chronicle of it. If, by December 2030, developments have invalidated it, I hope such dreary prognoses will have played a part by spurring us to...
How America Wins the Post-Pandemic World
By Kim Iskyan As the winners and losers of the post-pandemic world shake out, America is having a terrible crisis. It’s difficult to get past 100,000 (and counting) dead Americans from COVID-19, and the sharpest economic contraction since the Great...
2020: Half empty? Half full? Either way, half over.
Inside This Issue: The Year So Far… And What to Expect Next “America is being blown to smithereens,” writes our editor in chief P.J. O’Rourke… though not for the reason you think. P.J. pinpoints three enormously...
Temporarily (Constantly) Out of Stock
Why your local store keeps running out of flour, toilet paper, and prescription drugs By Nada R. Sanders Retailers are frequently running out of everything from flour and fresh meat to toilet paper and pharmaceuticals as supply chains hammered by...
A Step Back from Crisis
By Dr. David Eifrig Forget Warren Buffett and George Soros for a minute… Instead, think about a different investor – a young woman named Alexandra Bergson. She arrived in the Nebraska plains with her brothers around the turn of the 20th...
The Wild West of Wall Street
By Joel Litman In 1880, nearly half of the territory of the United States of America was an ungoverned free-for-all. You could make it rich. You could lose the shirt off your back. You could die trying. Nine out of 10 Americans lived either east of...
What Will Be the New American Cause?
By Pat Buchanan After the Great Pandemic has passed and we emerge from Great Depression II, what will be America’s mission in the world? What will be America’s cause? We have been at such a turning point before. After World War II, Americans wanted...
A Questionable Pandemic
P.J. Has just as many questions as a kid in quarantine homeschool Letter from the Editor: Editor in Chief P.J. O’Rourke There’s only one story in the news, and I’m not going to report on it… Like most journalists, I was the kind of liberal...
COVID-19 Debunked
The Real Danger Is Misinformation By Dr. David Eifrig One of the biggest killers during any health crisis is a lack of clear communication. Nothing puts that into clearer perspective more than Walter’s story (name changed for privacy). Walter...
Coronavirus Even Closed The Waffle House
By Salena Zito It is early Sunday morning along one of the few congested stretches of the Lincoln Highway when an empty parking lot below the familiar cheery yellow sign for the local Waffle House catches the eye. The 24-hour diner chain, born in...
The Two Pandemics
By Robert J. Shiller We are feeling the anxiety effects of not one pandemic, but two. First, there is the COVID-19 pandemic, which makes us anxious because we, or people we love, anywhere in the world, might soon become gravely ill and even die...
A World Without Sports
By Lars Dzikus Baseball’s opening day came and went. The Olympics have been postponed. Football in the fall? Don’t count on it. With COVID-19 infections and deaths rising each day, the cancellation of live sporting events might seem like an...
Down For the Count!
The Census Is a Bare-Knuckle Political Brawl – and Always Has Been By Walter Reynolds Farley The 2020 Census hasn’t even started – but it has already kicked off spirited fights. A Supreme Court case, decided last year, blocked a Trump...
Central Banking Is Socialism
By Dr. Ron Paul Earlier this month, the Federal Reserve responded to Wall Street’s coronavirus panic with an “emergency” interest rate cut. This emergency cut failed to revive the stock market, so the Fed cut rates again – driving interest rates to...
Will the Coronavirus Kill the New World Order?
By Patrick Buchanan Dr. Brian Monahan, attending physician of Congress, told a closed-door meeting of Senate staffers last week that 70 million to 150 million Americans – a third of the nation – could contract the coronavirus. Dr. Anthony Fauci...
Coronavirus Care Kit
By Dr. David Eifrig Coronavirus just killed commonsense. I sat, open-mouthed, as I watched in disbelief. A Georgia resident and retiree, Clay Bentley, said he went to the hospital after feeling sick. The only thing they asked was if he’d been out of...
A Dispatch From America’s Viral Ground Zero
By Buck Sexton Someone coughed in the aisle next to me. Everyone flinched. Walking into the Whole Foods at Columbus Circle this weekend felt like entering an encampment under siege in wartime. The place was packed. At 59,000 square feet, it is...
Three Tips to Fight Off Your Christmas Blues
By Dr. David Eifrig You’ve likely heard the line, “suicides spike around the holidays.” The truth is, November and December see the fewest suicides year-round. There are a few reasons this myth of more suicides exists… First, there’s the...
The High Stakes of the Coming Digital War
By Kenneth Rogoff Just as technology has disrupted media, politics, and business, it is on the verge of disrupting America’s ability to leverage faith in its currency to pursue its broader national interests. The real challenge for the United States...
This is When the Next Recession Begins
By Joel Litman Market strategists, financial journalists, and investors are calling for a recession in 2020. Some would have you believe it’s already begun. Moreover, many folks conclude that this recession will launch the next great bear market...
In Defense of Adam Neumann
By Bryan Beach Adam Neumann’s buffoonery has been the gift that keeps on giving… especially for those of us who write about markets for a living. In the past year or so, the disgraced CEO of office-space peddler WeWork has provided endless...
