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Government Macro Economics

THE RETURN OF AMERICAN OWNERSHIP: TRUMP ACCOUNTS, PRIVATE CAPITAL, AND THE FINAL BREAK FROM MANDAMA’S DEPENDENCY VISION

America is witnessing the biggest shift toward personal ownership in half a century.
For the first time in decades, a national program gives millions of children the chance to build real wealth before they even start high school. The choice before the country could not be clearer. Trump Accounts present

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Finance Macro Economics

Elon Musk’s Pay Package Isn’t the Problem — It’s the Blueprint

Why innovation beats envy, and how Musk’s model rewards the many while moralists reward themselves.

Tom Moran’s recent AL.com column, “Billie Eilish spanks the billionaires,” takes aim at Elon Musk and completely misses the real story. This isn’t about emotional outrage over big numbers on a Forbes list. It’s about

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Government Macro Economics

Chicago’s War on Jobs: Brandon Johnson Revives a Failed Tax That Never Worked

“You can’t tax yourself into prosperity.”
— Milton Friedman, University of Chicago

Let’s be clear: Chicago isn’t just flirting with economic suicide — it’s serving it up as policy.

Mayor Brandon Johnson’s latest “budget innovation” is a $21-per-employee corporate head tax on businesses with more than 100 employees — the

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Government Macro Economics Uncategorized

Why the Free Market Wins (and Command Economies Copy): The Andreessen Lesson

Marc Andreessen’s core point is timeless: the great franchises of technology start as products, not companies. That’s also the free market’s secret—originality emerges bottom‑up from builders solving real problems; command systems can only follow and copy.

Andreessen puts it plainly: “There are products that become companies, and then there are

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Geo Politics Macro Economics

South America Is Finally Getting the Message

For two decades, the global elite praised Latin America’s leftist “pink tide” as if it were the future of governance. Hugo Chávez, Evo Morales, the Kirchners, and their imitators promised prosperity through big government, central planning, and redistribution. What did it deliver? Rampant inflation, empty store shelves, collapsing currencies, and

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Finance Macro Economics

Kodak’s Last Picture? What “Too Big to Fail” Really Means

Eastman Kodak—the company that once owned the word “photography”—told the SEC this week there is “substantial doubt” it can continue operating. That’s not spin. That’s an official “going concern” warning, the kind of disclosure companies make when the future looks like a short runway with no lift.

The stock plunged

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Finance Macro Economics

MANIC MONDAY: Why Are We Still Afraid of Yields?

Cue the fireworks and dot-com déjà vu—because what happened between late 1998 and early 2000 makes today’s yield panic look like amateur hour.

Let’s talk about the Nasdaq 100’s greatest bull run in modern history.

From September 1998 to January 2000, the index didn’t just rise—it launched into orbit. We’re

Categories
Government Macro Economics

Zero-Sum Government, Win-Win Capitalism: How Builders Can Save the Public Sector

with credit to Katherine Boyle

The biggest threat to American prosperity isn’t foreign—it’s domestic. It’s a mindset. A bureaucratic allergy to progress.

Folks, let me lay it out plain and simple: we have a clash of worldviews. On one side, a bloated, risk-averse government trapped in a zero-sum loop—where progress

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Geo Politics Macro Economics

The China Tech Mirage: All Show, No Go

Time to rip off the Band-Aid, folks—China’s tech supremacy? Mostly hype, hollow stats, and a heavy dose of state-run smoke and mirrors. For years we’ve been treated to breathless claims that Beijing is on an unstoppable march to dominate the global economy. They’ve got the factories, the funding, the five-year

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Macro Economics

A Throwback Thursday Editorial: New York’s Housing Crisis and the Folly of Interventionism

By Milton Friedman, as channeled for June 5, 2025

New York City, once the pulsing heart of American enterprise, is strangling under the weight of its housing crisis. Skyrocketing rents, vanishing vacancies, and a construction pace that limps behind demand threaten to choke the city’s vitality. The 2025 mayoral candidates,