See A Bubble? Get Out Of The Way.

by John Coumarianos In early March, we reprinted an article I wrote for Citywire on bubbles. That article focused on an academic paper called “Bubbles for Fama” by Robin Greenwood, Andrei Shleifer, and Yang You on spotting bubbles that tried to provide a definition that would satisfy proponents of the efficient markets hypothesis who doubt that bubbles … Read more

For every Amazon package it delivers, the Postal Service loses $1.46. Bezos Subsidized by USPS using Taxpayer Dollars

In fact, they’ve climbed so much, according to a recent analysis by Citigroup, that the Postal Service should be charging Amazon $1.46 more per package than the $2 or so it does now. “Amazon now enjoys low rates unavailable to its competitors,” the Journal story said. “It’s as if Amazon gets a subsidized space on every … Read more

Senior Democrat Caught on Tape Pressuring Progressive Congressional Candidate to Drop Out of Race

A new exposé by The Intercept confirms how powerful Democratic officials have worked to crush competitive progressive candidates in primaries around the US, choosing instead to back moderate, business-friendly candidates. This comes after President Obama used his farewell address to encourage Americans upset about the outcome of the 2016 election to take action by running … Read more