The Centers for Disease Control and Prevention announced that the number of American live births dropped to 3,788,235 in 2018. That’s a 2% drop from 2017, and a 12% drop from the 2007 high. It puts us back at levels last seen in 1986. But the numbers look worse when you drill down. The population today...Read More
Today is a day to remember those who have fallen in the line of duty. For most of us though, it’s an excuse for the office to be closed and kick off the summer by lounging around the pool, or grilling up some burgers with friends and family. There’s nothing wrong with that, of course. I...Read More
The late Sir John Templeton once commented that “the four most expensive words in the English language are ‘this time it’s different.’” No truer words have ever been spoken. It’s true for degenerate gamblers, drug addicts and serial womanizers. It’s true for politicians peddling failed policy ideas. And it’s true for ne’er-do-well employees or business partners...Read More
Note from Charles: I worked with Bill Washinski for years when I was living in Florida, and we collaborated on several research projects. In the spirit of the upcoming Avengers movie. I enjoyed his piece here on “the economics of Thanos,” and I hope you do too. –Charles– Tomorrow, April 24, Avengers: Endgame, the sequel to...Read More
John D. Rockefeller – one of the wealthiest men who ever lived – once said that the only thing that gave him pleasure was to see his dividends coming in. That’s a strong statement. But if Rockefeller meant it, he must have truly been the happiest man in the world. Rockefeller was the founder and majority...Read More