We’re in an era of unlimited prosperity and wealth creation for some, but to millions of Americans it still feels like a recession. America’s dominance as a global economic superpower has only been solidified since 2008. The post-America era that the left predicted never came….
Part 1 In the five years that have elapsed since the market bottom of March 2009, never before in the history of human civilization has so much wealth been created in any prior five year interval, including the final five years of the dotcom boom…
We’re moving towards a jobless society. But the definition of labor is changing to include ‘gigs’ like on Task Rabbit that may not be included in the official labor statistics. The problem is too many people, especially liberal arts grads from no-name colleges, don’t have…
From Nick Hanauer, guest contributor of Politico: The Pitchforks Are Coming… For Us Plutocrats Its like he’s telling the elite to reform or else face the improbable consequences. Not too convincing, with no actual data of how a concentration of wealth at the top is…
The ‘quadrantsphere’ is a collection of blogs whose subject matters encompass the quadrant of IQ, economics, race/gender and education, with bloggers ranging from Ross Douthat, to Thomas Friedman, to iSteve, and even this website. Additionally, topics that encompass the quadrantsphere are popular on Reddit and…
From Tyler Cowen’s Ralph Nader interview, the question that most stood out was on the Flynn Effect (bottom of page 4 on the PDF), because Nader’s response encapsulates the modern liberal’s denial of biological determinism, denial of the importance of IQ, and illustrates the general…
We call the events of 2008 a ‘financial problem’ instead of a ‘crisis’, because it didn’t become a crisis until the liberal media such has the NYT called it one. It was a banking problem contained to some institutions that became a global crisis by…
Taki and Marginal Revolution recently posted articles about immigration. Predictably, they hold diametrically opposing views: Alex supports open borders and Steve opposes, with no equivocation. We take a middle ground, supporting high tech immigration to make U.S. companies more competitive and cutting entitlement spending to…
Today’s good news: Confidence in Congress drops to seven percent, an all-time low. Let’s give a round of applause to the do-nothing congress for not doing too much. As we wrote before, gridlock and low congressional approval ratings are bullish for stocks and the economy….
Today’s good news: Obama’s approval rating keeps falling. This is good for stocks. More good news: Oil prices are surging, benefiting the energy sector and increasing overall consumer spending through the resulting inflation. The world is awash with so much liquidity as long term yields…