Economic Analysis

Advice Worth Taking

Thoughts from the Frontline

November 27, 2019

We’ve reached the Thanksgiving weekend, and as always, I’m thankful for loyal readers like you. I hope you are enjoying some quality time with family and friends.

The little-known bankruptcy that’s shaking up America


November 25, 2019

Samuel Dean set up his milk business at just the right time.

Muddling for Solutions

Thoughts from the Frontline

November 22, 2019

Those who experienced the 1930s as adults are mostly gone now, but they left notes. We have a pretty good record of what that period was like. It wasn’t fun to begin with—then it got worse.

Profiting from the biggest lie in America


November 18, 2019

What’s one of the surest ways to make money investing? 

The Road to Default

Thoughts from the Frontline

November 15, 2019

Nothing is forever, not even debt. Every borrower eventually either repays what they owe, or defaults. Lenders may or may not have remedies. But one way or another, the debt goes away.

Are your instincts stopping you from growing rich?


November 11, 2019

Did you check your 401(k) this week?

Slowing but Not Stopping (Yet)

Thoughts from the Frontline

November 8, 2019

If you are a computer (other than the newest experimental quantum ones), your world is entirely binary. Everything is some combination of zeroes and ones. The machines can do marvelous things with those two digits but they have limits.

This American icon will own the next decade


November 4, 2019

The day we’ve been anticipating is almost here...

Chinese Chess Game

Thoughts from the Frontline

November 1, 2019

Every investment decision should have an exit strategy. What will you do if your idea doesn’t work? Ideally, you make that decision before you invest. Mistakes are inevitable but survivable if you recognize them quickly and act to minimize their costs.

The end of a juggernaut


October 28, 2019

What’s the greatest company in history?