Commentary The unique global geostrategic trends, gathering now for several years, seem ready to coalesce into the significant military and political implications before the end of the year. Combinations of the effects on inflation, food security, supply chain functioning, sociopolitical polarization, and global responses to the Ukraine conflict, by mid-April, seemed likely to lead to the…
Twitter’s Hostile Makeover
When you storm out of a store in disgust at exorbitant prices or shabby service, and vow not to give the establishment your patronage ever again, does that mean you hate capitalism? Far from it—any more than when you storm out of the DMV for the same reasons; the difference, of course, being that in…
Will Chinese Firms in America Agree to Follow US Laws?
Commentary The United States has the most open capital markets in the world where firms come to raise capital. The one clear requirement is that firms follow the laws, rules, and regulations on U.S. securities and finance. Beijing is fighting to see if its firms raising capital in the United States can avoid this basic…
Treasury Curve Un-inverts, Good News or Bad News?
Commentary What “should” have happened last month to the Treasury curve did not. The Federal Reserve, as you know, is in a race with itself to fulfill what are almost certainly politically-driven directives. From the White House through the Halls of Congress, the need for someone somewhere to appear to be doing something about “inflation.”…
A Turbulent Market Ahead?
Commentary Phases of volatility across U.S. stocks have played out in the last two months. After an initial war-driven decline in stocks ended in mid-March, replaced by a retail-driven melt up, the U.S. stock market has been on unstable footing in April. So where do investors go from here? While some experts—such as Goldman Sachs…
The ‘Petroyuan’ Will Not Replace the Petrodollar in Oil Trading
April 13, 2022
admin
Business & EconomyBusiness ColumnistsChinaChina Business & EconomyOilOpinionpetrodollarSaudi ArabiaThinking About ChinaUS-China relations
0 Comment
News Analysis Beijing has been pushing to replace the petrodollar with the “petroyuan” in its oil trade with Saudi Arabia, but it is unlikely to happen. Saudi Arabia exports $145 billion worth of oil per year, making it the world’s largest exporter. China buys $204 billion, qualifying it as the world’s largest buyer. Currently, Saudi…
To Compete With China, the US Needs More Entrepreneurs
April 12, 2022
admin
Business & EconomyBusiness ColumnistsChinaentrepreneurshipOpinionsmall businessthe USAThinking About China
0 Comment
Commentary Entrepreneurs grease the wheels of economic growth. They create new products and services. They create new jobs. Entrepreneurs are the lifeblood of economies. Of course, one cannot discuss economies without discussing the United States and China. Obviously, the United States offers a more favorable environment to its entrepreneurs than China, a country known for…
This Ain’t Your Daddy’s Inflation: Part 2
Commentary In my first column in this series, I gave Hyman Minsky’s explanation of what caused the stagflation of the 1970s—a credit bubble bursting when the economy was absolutely at its peak caused the stagnation, while high wage and oil price rises caused the inflation. I finished with the essence of Milton Friedman’s very different…
Lockdowns, Not the Pandemic, Created Havoc
Commentary It may be years before we fully realize the ramifications of the lockdown policies governments around the world have imposed on their citizens in response to COVID-19, but evidence of the costs is starting to trickle in. A recent study conducted by the Centers for Disease Control and Prevention (CDC) surveyed thousands of high school…
Be a Reader, Not a Believer
April 12, 2022
admin
beliefBusiness & EconomyBusiness Columnistseconomic policieseconomyKarl MarxMilton FriedmanOpinionViewpoints
0 Comment
Commentary This Op Ed has been inspired by two comments on my previous (too long, and unfinished) Op Ed on inflation (“This Ain’t Your Daddy’s Inflation”). In it I criticized Milton Friedman, and this elicited these reactions from two readers: “Conservative that I am, I’ve always been a fond believer in Milton Friedman,” wrote MissStofeles….
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta