The Transportation Boom Ends
Sales of Class 8 trucks (18-wheelers) hit the ditch in January, with orders down 58 percent from a year ago hitting a level not seen since October
Power & Market
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Donald Trump’s Democratic Wall
The continued expansion of the executive branch is concerning. It is also predictable given the deification of American political democracy.
Central Banks Buy Gold, Baltic Dry Index Sinks
David Rosenberg tweeted a graph of the plunging Baltic Dry Index with the comment, “Is there a more deflationary chart than the Baltic Dry Index of
Mark Thornton on Why Socialism Is Deadly and Dangerous
Mark Thornton explains why socialism can never work, the history of the death and misery its caused and we discuss a better way to help everyone li
Powell Claims No “Elevated” Risk for US Recession, NY Fed Models Disagree
When asked about future risk, Powell said he did not “feel that the probability of recession is at all elevated.”
Rothbard and Salerno Quoted on Modern Monetary Theory
Brian Maher of the Daily Reckoning quotes Murray Rothbard and me in his
AOC’s Green New Deal Is Absolutely Absurd, but That’s the Washington Status Quo
This week Alexandria Ocasio-Cortez released a preliminary summary of her grand vision for a Green New Deal.
