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Markets
David’s weekly update on the financial markets and economy
Economics
Why has Wall Street turned on Obama?
I would be very surprised if National Review had a bigger supporter than I, but that is not the subject of this piece. I confess to having been disappointed in a recent piece from their very capable and gifted writer, Kevin Williamson. Essentially, Williamson contends that Wall Street is filled with shady characters ...read this post
Did the Housing Crisis Teach Us Anything?
I saw this large poster at the entry of a retail bank on Park Avenue today as I was walking to a meeting. I can’t think of a more ridiculous synopsis of what is wrong in the world that caused the financial crisis. Of course, your home is not “where the equity is”; ...read this post
Best Article of the Year
I truly mean it when I say that I read a piece this good about once in every five years. This piece is the transcript of a speech that William McNurn gave at Hillsdale College last month. Hillsdale is perhaps the most important college in America. McNurn is a VP at NewsCorp and board member ...read this post
Gambling with Other People’s Money
Dr. Russell Roberts at George Mason University (the finest economic hub in the country) has written a delightful piece on the real causes of the financial crisis. The observation that greed and stupidity do not help to explain the crisis since greed and stupidity have always been with us (and always will be with us, ...read this post
The Virtue of Prosperity
On Friday evening I was blessed to share the stage with Dinesh D’Souza as the long-promoted conference, The Virtue of Prosperity: Moral Implications for Wealth and Work, got underway. I have worked on the conference for half of a year, and brought in my dear friends at the Acton Institute and the Center for Cultural ...read this post
