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In the News

The Tipping System Is Immoral

quoting Thomas Sowellvia The Conway Daily Sun
Friday, November 22, 2019

For most of my life I’ve been glad that America is a society that relies heavily on tipping. First, tipping allows us to reward excellent service. Second, in a world of rising economic inequality, a 30 to 50 percent tip is a small but direct way to redistribute money to those who are working hard to earn a living.

In the News

Book Review: Learning To Lead

featuring General Jim Mattis, Andrew Robertsvia The Wall Street Journal
Friday, November 22, 2019

Lessons from the likes of Napoleon Bonaparte, Horatio Nelson, Marcus Aurelius, T.E. Lawrence—and Long John Silver.

In the News

Congress Gets A Lesson In MMT Even As Deficit Nears $1 Trillion

quoting John B. Taylorvia Bloomberg
Wednesday, November 20, 2019

As America’s fiscal deficit nears $1 trillion for the first time since the financial crisis, the House Budget Committee held a hearing on Wednesday seeking answers to a crucial question: Does it pose a clear and present danger to the economy?

Interest Rates
In the News

Negative Interest Rates And The Perpetuity Paradox

cited John H. Cochranevia Seeking Alpha
Friday, November 22, 2019

With 30% of the world's investment grade sovereign bonds trading at sub-zero yields, there is a growing acceptance that negative interest rates are the 'new normal.'

In the News

Explore The Management Top 250

cited Amit Seru via The Wall Street Journal
Friday, November 22, 2019

How does your company rank in the 2019 analysis of well-run companies for customers, employees and investors?

In the News

What Is A Day Of Learning, Anyway?

cited Eric Hanushek, Paul E. Peterson, Ludger Woessmannvia Forbes
Friday, November 22, 2019

The measure crops up frequently in discussions of education policies and, sometimes, products. But what the heck does it even mean? Charter advocates like to point to a CREDO study that shows urban charters giving students an additional 40 days of learning growth in math and 38 in reading.

In the News

How To Improve The Lives Of Poor (Black) Namibians

quoting Thomas Sowell
Friday, November 22, 2019

The apartheid era was an unjust system that oppressed the majority of our people and barred them from any meaningful economic participation. This cannot be disputed in any way.

Analysis and CommentaryPolitics

Peggy Noonan Reminds Us Why Trump Won

by Bruce Thorntonvia Front Page Magazine
Friday, November 22, 2019

Three years after outsider Donald Trump blew up the political world with his implausible victory over the consummate insider, Hillary Clinton, many establishment Republicans still don’t get it. From their elite cocoon, they continue to indulge the hauteur that put off ordinary voters who had grown tired of a fossilized political class that serially ignored their interests.

Featured

America Off Balance: The Budget Calculator

via America Off Balance
Friday, November 22, 2019

By 2049, we're on pace to have a $94.6 trillion federal debt that exceeds 140% of the nation’s GDP. As a share of the economy, federal spending will be close to 28% and annual deficits will exceed 8%. Can you balance the budget and save us from the debt crisis? Get ready to make some hard trade-offs.

Featured

Angela Merkel Must Go – For Germany’s Sake, And For Europe’s

by Timothy Garton Ashvia The Guardian
Friday, November 22, 2019

If Germany is the heart of Europe, then it is currently the slow-beating heart of a well-fed businessman resting on his office couch after an ample lunch. For Europe’s sake, and for Germany’s own, that heart needs to beat a little faster.

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