In the Manhattan Contrarian, Francis Menton writes about one of the most bizarre and disastrous real estate situations in the world. The stretch of waterfront Mr. Menton is referring to is the Lower East Side of Manhattan, which is close to many good jobs. For example, One World Trade Center and the Financial District, with […]
Hooked on a Feeling: It’s What Separates the Best from the Rest
Do you want to know what investing is to me? It’s a feeling. To have a feeling for the market, like sailing a boat, is to separate the good investors from the greats. Why is it important to get a feel for the market? Because the knowledge we seek is not always available in reports, […]
House Republicans Incapable of Embarrassment
As a glutton for punishment, I occasionally turn on C-SPAN radio. House Republicans on the Oversight Committee put on a heck of a show a week ago today. The problems start right in the title of the hearing: “White House Narratives on the Iran Nuclear Deal.” So the House Committee for Oversight and Government Reform […]
In Defense of “The National Interest”
What sort of foreign policies would be good for the 320 million people who comprise the United States? If we aren’t going to break up the country, we at least ought to figure out what benefits this group, on net. Few phrases have been used to obscure so many bad ideas as “the national interest.” […]
Rise in Violent Crime in U.S. Cities—”Holy Cow”
Violent crime, after falling for two decades, has risen in some U.S. cities since the beginning of 2015. According to BBC, the blame of the rise may be from the “Ferguson Effect,” in which protests to perceived police brutality sometimes turned violent. The murder rate in NYC has gone up by 20% from 2014 to […]
FBI’s Criminal Probe Against Hillary Clinton
The Washington Post offers some up-to-date details. The Republicans are awash trying to figure out how to deal with the phenomenon of Donald Trump. But the Democrats must face a possible and certainly well-deserved criminal indictment of their candidate, Hillary Clinton. Near the beginning of a recent interview, an FBI investigator broached a topic with longtime […]
Breaking Up the United States, Part 2
The various cultures, affectations, and traditions contained in the United States make about as much sense combined as one nation as does the European Union. Which is to say: not much. An alien that descended and tried to form peoples into nations would have a hard time making an argument for the United States beyond […]
Who Are You?
Take this Quiz PBSNEWSHOUR asks, “Do you live in a bubble? There exists a new upper class that’s completely disconnected from the average white American and American culture at large, argues Charles Murray, a libertarian political scientist and author. Take this 25-question quiz, based on a similar one published in Murray’s 2012 book, “Coming Apart: […]
Welcome Justin Logan
Today begins the first in a series of contributions from my friend Justin Logan, former Cato Institute director of foreign policy studies. I know Justin as an expert on U.S. grand strategy, international relations theory, and American foreign policy. One of my favorite Foreign Policy studies was published for the Foreign Policy Research Institute by […]
The Oscars—Misdirected Anger
Spike Lee, Will and Jada Pinkett Smith, and Rep. Danny Davis (D., Ill.) have a problem with the Academy Awards. Their frustration is understandable in that not one black actor has not been nominated in the four major Oscar categories for the second year in row. But as this controversy plays out, Kay Cole James […]
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