“Pay no attention to the man behind the curtain.” —The Wizard in The Wizard of…
Business and Investing
I lived in Los Angeles for almost ten years. I’ve seen my fair share of…
Last month we looked at the economic record of the two major political parties. If…
Sometime in high school, my parents told me that there were two topics that you…
In the 1980s, I was a real estate entrepreneur. I bought apartment buildings in need…
“I’ve laid around and played around this old town too long / Summer’s almost gone,…
For a long time, Garrison Keillor hosted a weekly variety show on Public Radio called…
There was a time when, to describe excessive wealth, people would say someone was as…
The Scottish economist Adam Smith is sometimes called the “father of capitalism.” He published his…
Ned Ludd was a weaver in England at the dawn of the Industrial Age. Early…
Every fall, after the leaves have fallen and the trees are bare, my wife and…
In October 1987, I was a new father. I was also new to financial markets.…
I’m reminded of Ronald Reagan’s definition of a recession and of a depression: “Recession is…