A Trade War Won’t Be Good For the Dollar

A Trade War Won’t Be Good For the Dollar

On Wall Street, it’s best not to think too hard or to look too closely into the mouths of gift horses. Since making predictions based on actual economic understanding is rare, analysts typically look to provide explanations after the fact. Within the financial...
Trump “Victories” on Trade are Anything But

Trump “Victories” on Trade are Anything But

Earlier this year when President Trump began beating the drums loudly, causing fear of a trade war (and assuring us that such a conflict could be easily won), I cautioned that he had no idea the trouble he was courting . Based on his spectacular misunderstanding of...
The Legacy of Mao Zedong is Mass Murder

The Legacy of Mao Zedong is Mass Murder

Can you name the greatest mass murderer of the 20th century? No, it wasn’t Hitler or Stalin. It was Mao Zedong. According to the authoritative “Black Book of Communism,” an estimated 65 million Chinese died as a result of Mao’s repeated, merciless attempts to create a...
War on Cash Spreads to India

War on Cash Spreads to India

Over the past year, central banks, commercial bankers and prominent economists have expressed the view that digital money and transfers should replace large denomination cash and cash transactions. This dramatic transition has been fostered under the guise of the...

Reflections on the Disaster in Japan

Someone wrote and asked me the following: ”I’ve been thinking about the following. Is it acceptable to sacrifice one man to save 100,000 or any large arbitrary number? I know this question has shown up in many stories and films and I am sure philosophy...
Excused Horrors: Not Nazi, But Stalinist and Maoist

Excused Horrors: Not Nazi, But Stalinist and Maoist

Last Tuesday, I had the pleasurable task of being Master of Ceremonies for the Atlas Economic Research Foundation dinner in Washington, D.C., that celebrated the 20th anniversary of the fall of the Berlin Wall. Founded in 1981, the Atlas Foundation assists the...

Pin It on Pinterest