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It is always Christmas in Washington. This particular holiday season, politicians raced to the bottom of the fiscally incoherent barrel. What started as a $600 direct payment all of a sudden became $2,000 as the spenders yell out, “look at how good...
Most of us wouldn’t list 2020 as our best year. But you know who would? Amazon, Wal-Mart, Google, Apple, and a whole host of other big corporations who’ve seen their sales and stock prices soar amidst the pandemic. Small businesses have been...
Around Thanksgiving, many of us try to pause and reflect on the things we are grateful for in our lives. Gratitude doesn’t come easy for humans, but on the fourth Thursday in November many of us do our best to try to be grateful, at least for this...
Since becoming the head of the Catholic Church in 2013, Pope Francis has not shied away from the political domain. Recently, the religious leader used the COVID-19 pandemic to renew his criticisms of free-market capitalism. “The fragility of world...
My wife and I recently hired a financial advisor who is helping us map out our financial future. He seemed stunned that we didn’t want to take advantage of the US tax code’s 529 provision, which helps parents save for their children’s education...
When I write about socialism, I often point out that there’s a difference between how economists define it (government ownership, central planning, and price controls) and how normal people define it (lots of taxes, redistribution, and...
As the COVID-19 catastrophe unfolded, the Federal Reserve intervened swiftly in financial markets. Many praise the Fed’s response, including its new role as the “market maker of last resort.” Others are impressed the Fed steered clear of politics...
