Managing Money Is as Important as Making It: The Sad Case of Athletes Going Broke
The recent case of retired megastar Usain Bolt losing millions of dollars to bad investments highlights the importance of sound money management.
The recent case of retired megastar Usain Bolt losing millions of dollars to bad investments highlights the importance of sound money management.
One of the modern progressive buzzwords is "stakeholder capitalism," in which people with no direct connection to a firm somehow have a "stake" in what the firm does. It is an incoherent term.
For nearly three decades, the Japanese economy has slowly imploded under low interest rates and heavy government debt. It may soon be time to pay the piper.
The government can't return the SS money it stole in the past. It's impossible. That money's gone. Taxing today's workers to "pay back" pensioners is just creating a new group of tax victims.
Mark Thornton takes a look back at US stock markets, the national debt, and Fed policy.
China has created a crackdown cycle that is hurting the entrepreneurial spirit.
While President Joe Biden's White House continues to give happy talk about the economy, some major economic storm clouds are brewing. The future does not look good.
The fact the money supply is actually shrinking serves as just one more indicator that the so-called soft landing promised by the Federal Reserve is unlikely to be a reality.
Jeff Deist and Allen Mendenhall discuss "stakeholder" capitalism and what we can do to push back against ideological purity tests.