Economists and financiers have compared stockmarkets to gambling since 1936, when Keynes warned of “the capital development of a country becom[ing] a by-product of the activities of a casino”. In 1999 Jack Bogle of Vanguard decried the “Wall Street casino” where only croupiers got rich, and in 2023 Warren Buffett wrote that “markets now exhibit far more casino-like behaviour than…when I was young”.
Recent reports of preliminary negotiations for a military alliance of Turkey, Saudi Arabia, and Pakistan raise underappreciated risks. Similar concerns...
I have a new working paper with Bart Wilson titled: “You Wouldn’t Steal a Car: Moral Intuition for Intellectual Property.” ...
The Board of Peace was established in November 2025 to champion the Gaza-Israel ceasefire. Donald Trump will act as the...
BEIJING, CHINA - JANUARY 06: The People's Bank of China (PBOC) building is seen on January 6, 2025 in Beijing,...
Bari Weiss’ CBS tenure so far shows that for Larry and David Ellison, buying a media empire is one thing,...
Comparative political theorists and historians occasionally describe the early Ming dynasty (1368-1644) as one of the least intrusive periods of...
The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.
