Exploring Tax Cut Myths
One of the more contentious- and misrepresented – issues in American politics is the role of taxation on the economy. As with most...


Towards A New Understanding of Economic Data
The whole aim of practical politics is to keep the populace alarmed by an endless series of hobgoblins, most of them imaginary. - H.L....


Straight Talk On "Free Trade"
There's been a lot of talk about "free trade," or more accurately, cross border trade, in this election cycle, and as a card carrying...


More FINRA Follies
A few more examples of FINRA's army of miscreants have come my way, and if they were not so ruinous for the investors who lost money with...
Regulation and Its Discontents
"The only thing new in the world is the history you don't know." - Harry S. Truman I happen to follow a New York Times feed on my...


The Beginning of "Too Big To Fail"
The 1990s were a time of massive deregulation. Most people have some familiarity with the repeal of the Glass Steagall Act, which kept a...


The Big Short Slays The "Big Lie"
I saw "The Big Short" the other day, along with my wife- who was singularly uninterested, what without even a cameo by Hugh Grant-but it...
Corporate Bond Funds to the Woodshed!
Constant readers will recall a piece I wrote on Municipal bond funds awhile back. (July 21, 2015) Well, now that there's credit turmoil...
FINRA'S "Catch and Release" Program
There has long been a dark underbelly to the investment world, filled with boiler room firms, often with presumptuous British sounding...
Labor's Uncertain Future
Back in the stone age when I was growing up, we were taught that the automobile was responsible, directly or indirectly, for a large...

