Relevant and even prescient commentary on news, politics and the economy.

“Where Assets (and “Money”) Come From”

Steve Roth — Wealth Economics When you look at the left side of an entity’s balance sheet or its brokerage account statement, you see a list of things that the entity owns, with an estimate of what those assets are worth. The estimates are generally at current market value — what somebody would pay for those assets at […]

The Missing AI Conversation

J.P. McJefferson Thoughts J.P. McJefferson Artificial intelligence (AI) has become one of the most discussed technologies of our time. Governments around the world are debating regulations. Legislatures are holding hearings. Experts are proposing safeguards. Companies are publishing ethical principles. Yet amid all this activity, one critical issue receives surprisingly little public attention: AI is a […]

Cancer teleology

It astonishes me what passes for reasoning among “conservatives.” “Steve Gruber, host of the conservative network’s morning program Day Break, made the announcement Wednesday alongside his guest and wife, Ivey Ramos Gruber, who agreed sunglasses might also be unnecessary. The segment fits neatly into the MAHA movement’s growing anti-sunscreen wing — and straight into a […]

Existing home sales report shows a sub-optimal equilibrium with rangebound sales, prices, and inventory

 – by New Deal democrat First of all, my usual caveat: although they constitute about 90% of all housing sales, I don’t pay too much attention to existing sales because they are not nearly so important as new home sales, since the latter involve much more economic activity in the building process, plus more landscaping […]

More on the Kennedy Center Name Change

“‘Trump’ Kennedy Center Gets SLAPP-ed,” Taken from “Above the Law,”   Liz Dye on June 08, 2026 Bravo As we wait to see if the Kennedy Center complies with Judge Cooper’s order to take Trump’s name off the building by June 12, the arts center lost yet another legal battle on Friday. This time it was Judge Tanya […]

Doing Business and Maintaining Your Integrity

I was in materials and logistics all of my life. I was working as management for various companies globally. Always traveling internationally and being gone for weeks at a time. While traveling and visiting company plants or various suppliers over sea’s, it was not unusual to be offered gifts. The problem with such is you […]