A Better Social Security Idea for Trump

August 14, 2024

Trump’s idea to stop taxing Social Security benefits points in the right direction. But as everyone immediately pointed out, it does not rectify the regressiveness of the Social Security system. While rich people hardly notice Social Security, the poor are often dependent on it for their financial survival. The chief argument in favor of removing […]

Israel: Leader of the Free World

August 7, 2024

For eight decades after the end of World War Two, America’s proudest title was “Leader of the Free World.” Today, that title properly belongs to Israel both on grounds of practical leadership and grasp of what it means to be a free people. The issues in the Middle East could hardly be simpler. The opposition […]

Extreme Debt Climate Warning

July 31, 2024

To avoid “climate catastrophe,” Treasury Secretary Janet Yellen says the world—which mostly means the United States—must spend an additional $3 trillion in capital per year through at least 2050. That would be 3% of world gross domestic product (GDP), and 12% of U.S. GDP. This amount, astonishingly, will mean less than a 50% increase in […]

Trump or Harris: Who’s Worse for American Technology?

July 24, 2024

Between Trump and whomever—Harris at the moment—it makes little sense to ask who is better for American technology.  “Who’s worse?” is all we’ve got. Trump first moved and then followed the GOP into the protectionist camp. He and the GOP China hawks have manufactured an enemy from a rival. Ultimately, the trade sanctions that are […]

Chairman Xi for Congress

July 17, 2024

Should Chairman Xi ever wear out his welcome in Beijing, he could have a future as a U.S.  Congressman. He would fit right in. Both Congress and the Chairman evidently believe that what the U.S. and Chinese economies need is more politicians. Left to their own devices, they fear, the entrepreneurs who made China and […]

In Tech, China’s Success Is Our Gain

July 10, 2024

In Tech, China’s Success is Our Gain An anxiety-ridden article in yesterday’s Wall Street Journal lamented in a headline that “Beijing Leads U.S. in Fusion Race.” Apparently, workers in a “national fusion consortium,” including some of China’s biggest companies, are “completing a massive fusion technology campus” by working “three shifts, essentially around the clock.” The […]

The Debate Revealed a Small Problem for Dems, a Catastrophic Collapse for the GOP

July 3, 2024

The debate, the debate and nothing but the debate. Argghhhh!!! We confess to a limited (vanishing?) interest in politics as sport or even blood sport. We were tired of the debate weeks before it happened. Equally tiresome is the BIG, BIG news that was not news at all. President Biden’s mental and physical health are […]

The Fed Crows and the Sun Also Rises

June 26, 2024

Politicians of the world have collectively embarked on various chimerical goals, such as CO2 and energy suppression ($3 trillion), tariff and tech wars (another $3 trillion and counting), fantasies of despotic self-sufficiency, nationalization of money and banking, and catastrophic COVID and messenger ribonucleic acid (mRNA) power plays (another $3 trillion). Those actions defy and falsify […]

The China Hawks Are Lying Us into War

June 19, 2024

Central to the China Hawks argument that, as Newt Gingrich puts it, China is “the greatest threat to a free America that we have faced in our lifetime,” is the claim that China owes its economic progress and technology prowess not to an upsurge of freedom but to massive theft, especially of high-tech intellectual property. […]

Technology Investing Spurs Vertigo-inducing Response

June 11, 2024

Whoops! How can I write you a Gilder’s Guideposts, possibly steering your investments in a time of turmoil, when I am suffering from the sudden onset of Non-Benign Paroxysmal Positional Vertigo? They say it’s benign (BNNV), but that’s only if you do not have to make your way through the DFW (the Dallas Fort-Worth Airport), or […]

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