“You people seem to think that we have to start with reality. But we’re an empire now, and when we act, we create our own reality. And while...

Debt created the United States of America. It was very expensive to go to war against the greatest empire in the world and newly independe...

How did the party of Lincoln degenerate into the party of Trump? Trump who was born rich and presided over years of peace and prosperity pun...

 Some of you like data that helps to inform your worldview. This post is for you. Here is data comparing the economy during six presidencies...

House Speaker Kevin McCarthy is toying with the possibility of blowing up the global financial system by refusing to raise the debt limit. I...

1Q GDP equates to annual GDP of $26 trillion. As a component of that, non-defense federal government investments are 4% of private investmen...

We make our institutions and then they make us. The political crisis we face is so pervasive that it is almost invisible: Americans have los...

Markets will eventually come back from last year's dismal performance. For those of you tempted by bitcoin rather than stocks, here are ...

I had a conversation with a computer engineering professor about a week ago. He said he was skeptical about production chips getting smaller...

Fordism made previously expensive products affordable. The price of the Model T fell from $850 to $260 in 15 years. What used to be so expen...

Dee Hock died last year. He did in the 1960s what every crypto entrepreneur aspired to do this decade. He created a global systems for trans...

File under facts you won't hear because they aren't upsetting. Since 2Q 2011, the wealth held by Americans in the bottom 50% of hous...

I've previously posted about my amazement at the AI that has recently been released into the wild of the internets and how convinced I a...

"I was looking for a job, and then I found a job And heaven knows I'm miserable now" - Morrisey and the Smiths The misery inde...

Abraham Lincoln and Charles Darwin were both born on February 12, 1809. Lincoln is still the only president to hold a patent, which is a del...

The idea of zero-sum thinking stifles economic progress by fostering the notion that resources are scarce and that one person's gain mus...

The data that tells the story about the economy is generally much better than the stories you hear about the economy.  GDP grew in the last ...

Musk points out in a response to a random tweet that it isn't possible for him to fix Twitter overnight given, you know, he has 2 other ...

The gaming industry is now bigger than the movies and music industries combined. And I think it is just getting started in terms of impact. ...

Another great jobs report: 223,000 jobs created and unemployment down to 3.5%. The unemployment rate has hit 3.5% 7 times in the last 40 mon...