Economics

It's always been a mug's fame to best against New York City, which was counted out only to quickly bounce back after 9/11 and again in 2008 after the financial system nearly collapsed and took the world economy with it.  read more »

In his drive to achieve absolute power, Vladimir Lenin could count on Western progressives and opportunist executives to serve as "useful idiots." Today's most prominent Communist, China's Xi Jinping, can count on similar help, this time from the West's environmentalist, corporate elites.  read more »

An author should be pleased to see his thesis bolstered by events. Yet since writing The Coming of Neo-Feudalism in 2020, I have not found any joy in the continued growth of the West’s class divides  read more »

Few annual events produce more paranoid commentary than the World Economic Forum’s recently completed Davos conference.  read more »

Racial divisions have become the stalking horse of our politics and social discourse, with racism defined as white on black (often extending to Western vs. non-Western ethnicities). Google Trends reveals how the online topic of racism has steadily risen over the past decade, spiking like a seismic reading of an earthquake in June, 2020 that marked the George Floyd tragedy and the Black Lives Matter protests that followed.  read more »

In September 1977, the Youngstown Sheet and Tube Company announced the first major shutdown in the American steel industry. It was closing its largest mill, the Campbell Works, displacing over 10,000 workers.  read more »

Antisemitism has always partly been driven by envy; Jews attract a unique resentment for their disproportionate intellectual achievements in literature, science, education and, particularly, finance. At the same time, however, this success can be inverted.  read more »

As if proliferating spy balloons and insidious TikTok feeds weren’t enough, America’s economic relationship with China also is going to get more complicated. And as usual when things are really important, Flyover Country will be right in the middle of it.  read more »

“From the Beginning, California promised much. While yet barely a name on the map, it entered American awareness as a symbol of renewal. It was a final frontier: of geography and of expectation.”
— Kevin Starr, “Americans and the California Dream, 1850-1915” (1973)  read more »

One of the enduring mysteries of contemporary society centers on the seeming disassociation of so much of the labor force from the economy.  read more »