Equal Pay for Women’s Soccer

As we celebrate the success of the US women’s soccer team, attention has turned to the lawsuit demanding equal compensation for male and female players. Winning the World Cup seems to bolster the claim, but there’s more to the issue than just “equal pay.” Compensation in any job is based primarily on someone else’s willingness […]

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The rise of cryptocurrency

The value of a bitcoin peaked at $20,000 in 2018, dropped below $5,000 earlier this year, and just rose above $10,000 again. Amateur and professional speculators have attempted to profit from its volatility. If you are interested in technical explanations or “investing” in bitcoin, there is a lot of information available online. I am not […]

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The Argument for Tariffs on Mexico

President Trump surprised just about everyone when he threatened to tariff Mexican imports at a rate reaching 25% by October unless they do more to halt the flow of illegal immigrants. The President was criticized harshly and immediately by leaders of both parties. The US Chamber of Commerce even threatened legal action to block the […]

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Getting a Trade Deal with China

Prospects of a trade deal with China are unclear. I’ve always believed there will be an agreement—and I still do—but it will require a lot of compromise. If you think about the ongoing negotiations as a poker game, both sides still hold valuable cards. Here’s how I see it. The U.S. is in an overall […]

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Young Americans and Socialism

Before Bernie’s rise in the 2016 primary, most of capitalism’s opponents tried to stake out a “middle ground” between markets and socialism. Their healthcare proposals (like Obamacare) claimed to seek universal coverage in partnership with the private sector. Their tax proposals emphasized rate hikes on the top 1% of earners. They seemed less interested in […]

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A different take on the college admission scandal

The ongoing college admission scandal at the University of Southern California, Georgetown, and other universities has exposed the hypocrisy of some of the elites in our society. The story has been reported widely, but I want to address two angles that I’m not hearing discussed elsewhere. First, college admission decisions should be as clear and […]

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The widening trade deficit

The US Trade Deficit rose to $621 billion from $1027 to 2018 while the merchandise trade deficit with China increased to $419 billion. It’s interesting to see how this issue is mischaracterized by those on the left. In fact, many of the same media pundits who claimed that the President’s focus on lowering the trade […]

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Huawei’s dismal PR effort

Huawei purchased a one-page “open letter to the US media” in yesterday’s Wall Street Journal: “Don’t believe everything you hear. Come and see us.” The Chinese company is attempting to repair its image and deflect pressure from the Trump administration. https://twitter.com/AdamJanofsky/status/1101141848578506752 In an interview this morning with Fox Business anchor Maria Bartiromo, Huawei’s Chief Security […]

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Why Amazon Doesn’t Love NY

On Thursday, Amazon abandoned its plan to build a large campus in Queens and allegedly create 25,000 jobs for New Yorkers. The original deal involving $3 billion in government “incentives” was considered an economic victory by Mayor Bill de Blasio and Governor Andrew Cuomo but was derailed by a huge backlash from progressive activists and […]

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