Economy
John DePetro and Justin Katz find evidence of the missing ingredient in RI politics everywhere.
Whether Western Civilization is fundamentally build on a principle of cooperation is a fundamental philosophical dividing line in our current politics.
For that lesson alone, readers should give it a few minutes. But this paragraph near the end captures something far more intimately relevant to our times than even Munger may have intended: Once you are duped into believing destruction is productive, almost everything that a rational public policy would label as a cost becomes, by…
Host Richard August brings viewers up to speed on the economy in an interview with investment advisor Derek Amey.
It’s “climate change,” of course; that’s the easy go-to answer for anything having to do with the natural environment. Even when there’s a more proximate explanation, the global bogeyman has to be tacked on, as the Boston Globe’s Dharna Noor does in this case: The culprit behind all those dead trees: Drought, which hit New England…
Soccer player Tesho Akindele tweeted this curious thought earlier today: Public transportation doesn’t need to be profitable Nobody demands that public schools, libraries, or fire departments are profitable We understand that these things are an investment in the well-being of our society Public transportation is an investment, not a cost This phrasing is common, but…
A recently released book by Gale Pooley and Marian Tupy, Superabundance, explores the amazing fact that the prosperity and the availability of scarce resources is proving only to increase as the population grows. Their most fundamental argument is that people have value. Every child added to the world increases the wealth of all of us. The authors…
If you’re thigh deep in the muck of Rhode Island politics, as I am, you may find something about the local society inexplicable. The game is so locked up, in Rhode Island, that it isn’t clear whether anything can shake the stranglehold of insiders and special interests. Consider two recent stories. On the National Education…
It may be Crazy Season, but the rationale Democrats are giving for their votes is enough to make one despair of our nation’s capacity to analyze problem, develop solutions, and survive.
The economic news is peculiar, lately. Inflation is high, and the U.S. gross domestic product (GDP) is shrinking. Yet, government data shows a strong increase in payroll jobs in the most-recent month. It’s difficult to know which side of that “yet” the following news supports, or whether it helps explain how all of the above…