Meet the Real Boss
We are not borrowing from the future; we are stealing from it – spending money that we haven’t earned and never will earn. It’s a swindle, not honest finance. Borrowers will not repay.
No Index
Degeneration and Decadence
In honest businesses, as in honest government, the ultimate challenge to the ‘deciders’ is to provide something worth more than it cost to produce. In business, this extra is a ‘profit.’
Running Out of Money
It is in writing where we find preserved the principles of our civilization; in Homer and the Bible…Smith, Hume, Jefferson…the separation of powers, the rule of law, and sound money.
It’s Worse Than You Thought
We are enjoying a couple of days, sweltering in Paris. The mercury soared to 95 degrees on Monday. Trees wilted. Sidewalks buckled. Tourists trudged from one crowded shrine to the next.
Let’s Not Make a Deal
Interest rates are probably on their way to all-time highs. And if that is so, it is the single most important financial news you’re likely to get today, this week, or this year.
Knock the Temple Down
The drama over the weekend came when thousands of Moroccans surged into a Spanish enclave on the African coast. But what sense did it make?
