The unstoppable rise of government rescues

The writer is chair of Rockefeller International As bank runs spread, it has become clear that anyone who questions a government rescue for those caught underfoot will be tarred as a latter-day liquidationist, like those who advised Herbert Hoover to let businesses fail after the crash of 1929. Liquidationist is now challenging fascist as the […]
Has the US Gone to DEFCON 3?

NATO has effectively declared war on Russia hiding behind Ukrainian surrogates. Ukraine launched new versions of their marine drones in an attempt to sink the Russian Fleet base in Sevastopol. They were blown up just before hitting Russian ships as the Russians managed to intercept them. The Russians know that these attacks are carried out […]
When It Comes to Big Tech and Monopoly Power: Patience is a Virtue, Antitrust is a Vice
At the start of 2023, many in the tech sector and the venture capital world were coming to terms with lost money due to the hyper-growth strategies they’d employed over the past few years. It seems some IPO’d too soon, expanded too much, or were in need of a pivot to alternative revenue streams. As […]
Are You Getting Gouged at the Marina?

Savannah Smith and Art Carden At a marina in the Florida Keys, Rec-90 boat fuel was $5.16 per gallon in December. At a gas station just up the road from the marina, it was $4.20 per gallon. Why does boat fuel cost about a dollar more per gallon at the marina than at a nearby […]