In 1925, the Ku Klux Klan marched down Pennsylvania Avenue in Washington, D.C., in a demonstration the Washington Post called "one of t...

Here is data for the last 48 years on labor and capital markets. The stock market performance (orange line) represents the average annual re...

Today Trump stated that he was going to end birthright citizenship - something granted by the 14th amendment. The 14th Amendment was created...

What I can tell you: Sell your stock at the market’s peak and buy when it hits bottom. What I can’t tell you: When the market is at its peak...

Neil Armstrong and Buzz Aldrin (A&A) traveled to the Moon in 1969. Lewis and Clark (L&C) explored the American frontier, reaching Or...

William Browder ran the largest investment fund in Russia until Vladimir Putin effectively drove him out of the country. Ironically, Browder...

Trump has made it clear that he intends to use the presidency as a tool for revenge. Mitt Romney, a former Republican nominee for president,...

Once upon a time, December was the 10th month, and the Roman calendar from January through December covered about 300 days. That left roughl...

After World War II, Germany became a real-world experiment in governance, divided into four zones administered by the USSR, France, the UK, ...

At tomorrow's Thanksgiving dinner, here are some conversation starters, rated from safe to hell-bent on never getting invited anywhere e...

U.S. presidential campaign spending has grown dramatically over the past few decades. The 2010 Citizens United ruling changed campaign finan...

In an exchange with my friend Brian Blackwell, we were discussing tariffs. One often-overlooked aspect of this topic is the extent to which ...

Silicon Valley (SV) and King County, Washington (KCW) have created more wealth—in the form of market capitalization—than all of Europe. Let ...

Donald Trump’s best strategy for his second term might be to do... nothing. If he adopts an “inactive executive” approach—focusing on rallie...

Every four years, 338 million Americans—roughly 160 million of them voters—engage in the process of choosing the next president. It’s remark...

All the usual caveats apply to this stock market forecast. [which is to say, this is speculation not prophecy] November could be a tough mon...

MAGA is essentially a coalition of losers from history: those who opposed FDR’s regulation of capital, Lincoln’s shift from tariffs to inco...

In the first year after the outbreak, COVID fatalities in the U.S. occurred at roughly twice the rate of the average OECD country. This sugg...

In the 1800 election between Federalist John Adams and Democratic-Republican Thomas Jefferson, Pennsylvania was the swing state that tipped ...

The UK's GDP growth per person slowed dramatically from 2.5% to around 0.5% annually following Brexit—a drastic change, largely attribut...