Economic Analysis

The company getting rich off your family vacation


December 9, 2019

Thomas Cook believed alcohol was the root of all evil.

Inflationary Angst

Thoughts from the Frontline

December 6, 2019

According to the dictionary, the word angst refers to “a feeling of deep anxiety or dread, typically an unfocused one about the human condition or the state of the world in general.” It comes from a German word for “fear.”

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...