Every four years, on January 20 America celebrates the will of the people to elect its president and, frequently, to peacefully transfer power.
As We Welcome Trump 2.0
Continue Reading
Weekly Market Compass
Maganomics: When Rhetoric Becomes Reality
President-Elect Trump promises tax cuts and deregulation that will boost trend US GDP growth. But it is very possible that demand outstrips
Global Economic Perspectives 2025
The world economy in 2025 superficially resembles that of 2024. But, beneath a tranquil economic surface, important changes are taking place.
Hope, Dreams and Good Works in 2025
As we welcome 2025 amid a daunting array of challenges, it is important to pause and marvel at the many positive trends that mark our world
Could He Do It?
The financial markets are near all-time highs, yet the ingredients for an epochal financial crisis appear to be building.
Will Bond Market Vigilantes Be A “Guardrail”?
President-elect Trump likes a fight, but he has never faced the bond market vigilantes; will rising interest rates and their potential negative
Alien Life and Humanity’s Future
Humanity is in a perilous phase, and the existential challenges we now face may hold the answer to the age-old question of whether there is
Musk Ox
A herd of musk oxen are abandoned by their dominant male. How will they defend themselves? An allegory.
Markets Vastly Underestimate Trump Risk
A Trump presidency poses significant investment risk which is nowhere to be seen in prevailing asset prices or in consensus market commentary.
Climate Change and Collective Will
Climate change is forcing the understanding that free market, libertarian ideals of human self-interest are incapable of addressing the life
Hurricanes and the US Presidency
Two years ago, Asheville NC was viewed as a climate haven. Two weeks ago it was almost washed away from Hurricane Helene. No one seeking the
Are Consumers Being Ripped Off?
Many Americans are frustrated with an economy that by most measures is actually doing pretty well — the explanation may lie in rising
Resetting US-China Economic Relations
International economic cooperation is vastly underestimated and occasionally necessary. The US and China need to find ways to cooperate.
The Fed: Set to Fail Conventionally?
The Fed has achieved its dual mandate of price stability and maximum employment. So why will it ease gradually and not all at once?
‘Whac-a-Mole’ Economics
Ever since the global financial crisis, politicians have jettisoned economic theory for reflexive solutions to economic challenges. Neither
The Fed’s Awkward Dismount
Fed Chairman Powell was poised to be hailed as the central bank gold medalist who stuck the soft landing. Has this changed?
Building Up, Breaking Down
Driving 30,000 miles around the United States is a good way to be reminded of some of life’s most important lessons.
The Coming US Tax Battles
The controversial 2017 Tax Cuts and Jobs Act will expire next year, spurring heated fiscal debate.
Don’t Kid Yourself, There is A Choice
We deserve better candidates for the world’s most powerful and important job, but we cannot let frustration be our master — this year’s
When the Rules Change
Charlie Brown, and the iconic cartoon series Peanuts, has much to teach us about how to navigate a time of fundamentally changing norms.
Inflation: The Making of a Good Story
Inflation is perhaps the key topic of today’s political economy, but it is also one that is ripe for storytellers to manipulate.
Jedi Mind Tricks
If you could give yourself and other young women advice on how to navigate a male-dominated society, what would it be?
Life Doesn’t Come With a Manual, It Comes With a Mother
This Mother’s Day, we honor our mother’s in prose and verse.
You Can Do This
When despair, fear and helplessness set in, it is important to recall the skills and experiences that calm our minds and allow us to persevere.