Entries by Robert E. Wright

What Is the New Deal with the New Deal?

Estimated Reading Time: 4 minutes

Editors’ Note:  It is quite striking how many similarities we have today with another thuggish Democrat, Franklin D. Roosevelt. The New Deal was the template for the modern welfare/warfare state and for the abuse of the electoral process, and the court system. Looking back, it seems fantastic that so many Americans were ready to give […]

A Musk Inspired Anti-ESG Takeover Wave?

Estimated Reading Time: 5 minutes

It’s fun to see memes suggesting that Elon Musk should buy Alphabet, Amazon, Coca Cola, Disney, Meta, Netflix, YouTube, and so forth, but of course he cannot afford all that. But we can. By we, I mean value investors. Musk’s purchase of Twitter has validated my critiques (see here, here, here, and here) of ESG-based investment (environment, social, governance), which despite […]

Freedom Convoy!

Estimated Reading Time: 3 minutes

Americans aged about 45 or older may dimly recall a song from the mid-1970s called “Convoy.” It was a campy part of the genre called Outlaw Country that leveraged the CB radio and lingo (10-4 good buddy) crazes then sweeping the country. I could explain every line to you in intricate detail, even the one about swindle sheets, […]

Stakeholders v. Stockholders

Estimated Reading Time: 5 minutes

The notion that stakeholders and stockholders battle for control of major business corporations is an oversimplification of a much more complex reality involving managers, regulators, investors, and social justice warriors (SJW), many of whom seem to have forgotten the reasons that corporations formed in the first place. All the major players need level-headed thinking on […]

CNN’s Death Toll

Estimated Reading Time: 3 minutes

CNN and other alarmist mass media outlets have been implicated in the deaths of hundreds of thousands of Americans but nobody seems to care, including those outlets themselves. Throughout the pandemic, CNN and certain other cable news networks deliberately induced panic in order to boost their ratings and the CDC recently revealed that anxiety is […]

The Horrors of Hyperinflation

Estimated Reading Time: 6 minutes

Some people thought serious inflation would follow the bailouts of 2008-9. It didn’t, so some assume prices will remain in check again now. A false cry of wolf in the past, however, doesn’t mean that the wolves of inflation do not stalk the economy this time. As described below, macroeconomic and policy conditions are very […]

Dismisinfoganda

Estimated Reading Time: 5 minutes

Misinformation, i.e., wrong claims innocently made, and disinformation, i.e., wrong claims willfully made, have long consorted to create propaganda, a distorted worldview designed to achieve some political goal. The lines between those lies have so blurred that only a neologistic portmanteau, dismisinfoganda, fully captures recent reality. Like an old hip-hip song, let’s break it down: […]

We Need Rule of Law Not Lawlessness

Estimated Reading Time: 4 minutes

The Wire wasn’t wildly popular when it first aired on HBO from 2002 to 2008 but it has enjoyed quite a run since due to its vivid portrayal of the human toll of Baltimore’s failed public policies and institutions, including Charm City’s horrific public school system and lying local newspaper. The series formed the basis for several university courses, […]

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