Another propaganda tidbit from today’s paper… Not only do we have the richest society in human history, we also have the most advanced technology and enjoy the fruits of what remains of the labor of the 125 billion people who came before us on this earth. In other words, there is no reason for us … Read more
This is a follow-on to my recent post on Anthony Scaramucci, Trump’s handler-apparent. The Champions of the 401(k) Lament the Revolution They Started The dominant vehicle for retirement savings has fallen short of its early backers’ rosy expectations; longer life spans, high fees and stock-market declines Ms. Ghilarducci wants to ditch the 401(k) altogether. She … Read more
In Davos, Anthony Scaramucci Translates Trump Message to Global Elite Financier-turned-Trump adviser seeks to soothe nerves about the president-elect at the World Economic Forum; ‘one of the last great hopes for globalism’ “This is my 10th year here, but my first year here with a food taster,” Mr. Scaramucci quipped at the beginning of a … Read more
When I tell people about the father of the modern GOP, Irving Kristol’s book, Neo-Conservatism: The Autobiography of an Idea, about his successful efforts over the years to transform the Republican party into a “truly political party” that did not worry so much about balancing the budget as controlling it, they are often shocked. But … Read more
The Wall Street Journal today ran a story about gigantic touchscreens appearing in hundreds of McDonald’s in California, New York and Florida. The article was about the technology and the implication, of course, is that we free marketers should rejoice in progress even at the expense of jobs. My problem with this assumption is that … Read more
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