realclearmarkets.com

I was just a young pup--cocky and ambitious. I had graduated from law school, passed the bar, and thought I was bulletproof. So I jumped headfirst into the real estate development business. The m ...

Transportation Secretary Sean Duffy wants to put the U.S. Department of Transportation (DOT) back in the transportation business. His July 22 letter to Senate leaders calls for consolidating ...

Just missing the 10 best days over a multi-decade investing horizon can erode your portfolio's potential value by over half. Yet people tend to miss the best days because they often ...

U.S. retirees plan to work until they die. Which is a very happy story about the evolution of retirement. The previous truths are seemingly lost on policy writer John Mac Ghlionn. Writing recently at ...

With a h/t to the late historian Barbara Tuchman, from whom I borrowed the central idea in this piece, I'm pleased to share my latest long-form note to Capital Allocation Pro subscribers&nbs ...

The work of writing an op-ed on regulatory matters usually proceeds thus: officials decide on a policy; the analyst reads the policy (one hopes), weighs its merits and de ...

For months, the economic commentariat has been waiting for President Trump's tariffs to ignite a new inflation fire. The script was already written: tariffs would raise consumer prices, the Fede ...

My parents' Christmas-tree decorator predicted the so-called "housing bubble." Or so some might think. While he moonlighted as a tree and lighting expert at Christmas each year, his ...

Ed Crane, the late co-founder of the Cato Institute, was not a fan of "across the board spending cuts." And that's not because Crane favored big government. Crane very much disdained ...

Here is the headline story of the below-expectations July jobs report -- and the one the usual naysayers in the financial commentariat are seizing on. Nonfarm payrolls fell by 23,000. May a ...