Fearless commentary on finance, economics, politics and power

The Great American Food System™ is productive when measured by output, but it is not particularly good at producing wholesome and healthy food for the American people.  The nature of healthy food has been argued for the past sixty years, with various food plates, pyramids, and other arrays used to illustrate recommendations of the day.  […]

On of Trump affordability ideas, of limits on big investor ownership of single family homes, is moving forward even though it won’t do much.

Africa supplies the minerals for the tech boom – but how it winds up losing out on the gains

In 1956, Britain’s Suez campaign collapsed not because its forces were defeated, but because sterling could not withstand financial pressure. The episode revealed a structural truth: military capability is subordinate to monetary autonomy. Today the United States is not Britain under Bretton Woods, but it faces expanding global commitments alongside rising debt, elevated interest costs, and industrial constraints. This article examines how financial markets, rather than battlefields, may ultimately define the limits of American power. A single geopolitical shock is manageable. A sequence of them may not be. History may not repeat—but it can rhyme.

Trump and his GOP allies still heart tariffs despite failures, such as 2025 net manufacturing job growth ofless than half the year before.

The US’ suspension of tariffs on countries that provide Cuba with oil (h/t SCOTUS) may, however, provide a window of opportunity to get oil to the island. But which country will take the risk?

Trump looks even more caught than ever on the horns of his Iran war dilemma.

Quelle surprise! The Supreme Court hearts the rich!

Local protests against data centers and Flock camera surveillance are coming from both sides of the political spectrum.

“We have a public health service where treatment is free for citizens… It is not like that in the USA, where it costs money to go to the doctor.”

The Trump tariffs mess in the wake of his 6-3 Supreme Court loss on his misuse of “emergency” authority is even worse than you might imagine.

New Delhi sells out Russia and its own working class as part of India-Middle East-Europe [digital] Corridor that aims to fortify a new American-Israeli hegemony..