“I wish I’d known him is the response every good obit writer tries to elicit; it’s a universal marker of obit success,” Johnson wrote in The Dead Beat
“Would American statism have come full flower in a non-air-conditioned capital city? Always, in technology, there are debits and credits.”
As Murray Rothbard wrote, “Inflation, therefore, lowers the general standard of living in the very course of creating a tinsel atmosphere of ‘prosperity.’”
While investors borrow to buy AI stocks, developers race to buy data center land.
Andrew Ross Sorkin has brought the great crash back to life with another bestseller, 1929: Inside the Greatest Crash in History—And How It Shattered a Nation. Sorkin’s telling of the financial debacle focuses on a few individual stories
Jon Ralston tells you most everything you need to know about Nevada’s most prominent politician in his very readable new book The Game Changer: How Harry Reid Remade the Rules and Showed Democrats How to Fight
“Crypto is so ruggable,” digital asset enthusiast turned prediction market devotee Nikshep Saravanan told Bloomberg. “People are tired of the game.”
Trump evidently can’t connect the dots between the last time rates were pushed below 1% and the 9.1% annual rate of price inflation.
Paper and digital money are light as a feather. Speculations can land with a thud.
Cheap money spurred apartment building in Las Vegas. Now there are too many units.
