Progressive ‘Postal Banking’ Proposal: A Solution in Search of a Problem
Senators Kirsten Gillibrand and Bernie Sanders want the Postal Service to tackle a problem the private sector has already solved.
Banking & Finance
U.S. Student-Loan Program May Be Facing a $500 Billion Hole
The student-loan-repayment monster could very well rear its ugly head sooner or later, and when it does, it will cost us.
Adventures in ESG — JPMorgan’s Own Goal and Other Stories
The week of April 19: ESG, proposed capital-gains-tax increases, and much, much more.
Audit the Fed? We Just Did
We already audit the Fed. They're pumping up the bubble in plain sight.
SPAC Issuance at Record Highs
On the menu today: the SPAC craze, an ill-fated Softbank investment, the Carlos Ghosn plot, and a closer look at the nuances of blank-check companies.
Today in ‘What Could Possibly Go Wrong?’
Goodness gracious. From the New York Times:
The City of Tucson, Ariz., decided last year to pay rent on five golf courses and a zoo — to itself. In California, West ...
Washington Threatens Wall Street with Action after GameStop Trading Restrictions
The SEC said it is reviewing moves made by brokerages that may ‘disadvantage’ retail investors.
Hanke’s Inflation Dashboard: Official Statistics Misrepresent Real Inflation Rates
Measured by Purchasing Power Parity, inflation rates in Argentina are even higher than the official figures.
Why a ‘Fairness Doctrine’ for Woke Capital Will Backfire on Conservatives
Opposing freedom of conscience is a losing strategy.
Federal Student-Loan Cancellation Is Bad Policy
A student-debt cancellation is a bald handout to the affluent.