What is the worst problem in the world today? Might it be war, starvation, genocide, sectarian violence, murder, slaughter of babies in the womb? Any of these would be a rational answer. But when Pope ...

There's a basic and fundamental problem facing Opec these days. It's not about the details of the oil market, the slowing of growth in China, the end of the commodities supercycle nor even the rise of ...

According to the law of supply and demand, when the government prints or borrows trillions of dollars, the value of the dollar declines, and prices rise. That is called inflation. According to ...

The election is over. Little has changed in terms of the correlation of political power in our nation and in Minnesota. The 2024 campaigns are next, but in the meantime, there are basic economic ...

I have several themes planned for this Substack, one being the underappreciated beneficial aspects of markets. That’s why I’ve written about how markets adapt to changing conditions better than ...