The transcript from this week’s, MiB: Jim O’Shaughnessy on Infinite Wisdom, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio Barry Ritholtz: This week on the podcast. What a delight. Extra special guest, Jim O’Shaughnessy, his book that I came […]
President Donald Trump claims that the Alien Enemies Act of 1798 grants him the power to deport certain Venezuelan-born aliens without due process based on the mere allegation of membership in a criminal street gang. But the text of the Alien Enemies Act does not allow the president to do anything of the sort. “Whenever there shall be a declared war between the United States and any foreign nation or government, or any invasion or predatory incursion shall […]
President Donald Trump has named the day his full tariffs go into effect “Liberation Day.” As April 2, approaches, Colin Grabow, Associate Director at the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies, has written a compelling op-ed in USA Today titled “Brace for impact, America. Trump’s tariffs will soon hit your bank accounts.” lead , Grabow warns that the upcoming reciprocal tariffs from the Trump administration are “shoddy guesstimates” that will act as a tax on American […]
The failure to think clearly about government is one of the greatest sources of tyranny. The history of liberties lost is the history of patterns of abuses ignored and inductions not made. People talk about the importance of ideas in politics. Often, it is merely the impact of a pretense of ideas. In Washington, fashionable ideas are the intellectual equivalent of lapel pins of the American flag. As long as politicians recite the latest phrase, they are credited […]
Jeffrey Miron and Jacob Winter Debates about immigration often emphasize the alleged harms. President Trump, for example, has claimed that illegal immigrants take jobs from native-born Americans, a belief that is fueling his crackdown. Research finds, however, that immigration has large benefits for the destination country. For example, a recent study of agricultural immigration to Brazil (Cato Research Brief no. 426) finds that municipalities with a higher population share of European immigrants in 1920 had greater farm values […]
The Backpage.com URL now redirects to MILFS.com, a webcamming platform that offers users live erotic chat and pornographic shows with a cornucopia of women who may or may not actually be moms. In case anyone isn’t aware, here’s what the acronym MILF stands for…though as Julian Sanchez quipped on BlueSky, perhaps in this instance, it could also stand for “Moms I’d Like to Federally Seize.” Backpage was once a thriving platform for classified advertisements, particularly favored by people […]
Beginning with George Washington, who took the oath of office for the first time in 1789, a total of 45 men have held the title of president of the United States of America. Less than half of them were elected to a second term: George Washington, Thomas Jefferson, James Madison, James Monroe, Andrew Jackson, Abraham Lincoln, Ulysses S. Grant, Grover Cleveland, William McKinley, Theodore Roosevelt, Woodrow Wilson, Calvin Coolidge, Franklin Delano Roosevelt, Harry S. Truman, Dwight D. Eisenhower, […]