With the midterm elections less than four weeks away, there's a bit of a 2028 shadow campaign going on that includes a prominent Democrat warning his party to back off the liberal jargon.
Supporters of a wealth tax or higher inheritance taxes often argue that it is a myth that rich people leave the country in response. So, what really happens when taxes on the wealthy are sharply increased? The example of Sweden In the 1970s, Sweden embarked on an experiment in “democratic socialism” that led frustrated entrepreneurs […]
When a mega-cap market leader suddenly drops a few percentage points on a seemingly minor headline, the financial press rushes to find fundamental explanations. To the casual observer, it looks like a rational market processing new competitive risks or an unexpected shift in corporate valuation. To anyone who understands the mechanical plumbing of institutional trading […]