by Henry Oliner | May 14, 2023 | Economics
From John Cochrane at The Grumpy Economist, Missing mortgage contract innovation: So why are we here, and given that we are here why does this strange contract seem so resistant to innovation. I think the answer is simple: 15 and 30 year fixed rate mortgages were a...
by Henry Oliner | Dec 17, 2017 | Economics, Politics
from Kevin Williamson at National Review, Just Say ‘Yes’ to Prosperity; The notable thing about the technology economy is that it is a peerless machine for turning intelligence into money. Sure, there are physical inputs for a company such as Apple, and warehouses and...
by Henry Oliner | Dec 17, 2017 | Economics, Politics
From Maria Bartiromo in The WSJ, Dow 24000 and the Trump Boom: Year One has been nothing short of excellent from an economic standpoint. Corporate earnings have risen and corporate behavior has changed, measured in greater capital investment. Businesspeople tell me...
by Henry Oliner | Oct 19, 2017 | Politics, Progressivism
Once a government program is established to provide benefits to a prescribed group, there is soon to follow a movement to expand the definition of that group to include more people (voters). Lobbyists will form to expand the new institutionalized benefits. A portion...
by Henry Oliner | Aug 10, 2017 | Philosophy, Politics, Progressivism
Mark Levin is a rabid right wing radio talk show host. Because I at least scan about any title with the word progressivism in it, I viewed his latest book Rediscovering Americanism: and the Tyranny of Progressivism and was pleasantly surprised at the depth of his...