What should the Federal Reserve do, to control inflation, given that nominal interest rate = real interest rate + expected inflation, and that real interest rates vary over time in [ … ]

This is the deluxe Adam Townsend biography with the bonus features. If you would like to know where I have worked and who I have met please visit my LinkedIn. My [ … ]

Repealing and replacing ObamaCare, or anything in-between is not an on/off light switch. Instead, any change in the light requires an entire deconstruction and reconstruction of the entire house. To [ … ]

Every form of non-human power that substitutes and reduces the value of human physical output has been more than offset and very form of non-human manipulation that substitutes for and tends [ … ]

I have written a lot recently about the Gig Economy. This maybe my last new post and all that remains is a sum of the total. I’ll begin with describing [ … ]

Why is US growth so stagnant? From the great recession in 2009, usually a time of super-fast catch-up growth, it has only grown at two percent per year. Two percent, [ … ]

Every great company is unique, but there are a few things that every business must get right at the beginning . I stress this so often that friends have teasingly [ … ]

I don’t watch much TV. I don’t like commercials, either the shorter form explicitly paid for and selling an explicit product, or those implicitly paid for and selling an implicit [ … ]

The banker in Monopoly has an advantage. As a kid, playing with my sister and her girl friends, being that I was the youngest of the group, a boy and [ … ]

When enough people are employed to solve a problem, means become ends. People are adept at aligning their principles with their pocketbooks, they persuade themselves, and me, that their programs [ … ]