A carbon tax—a radical socialist idea that would surely destroy the American economy—has been endorsed by yet another…
The Stupid Idiot's Guide to Investing Your Little Bit of Money
I often am asked, by esteemed colleagues, friends, and readers, “What is investing my money, and how?” Here’s the…
Financial giant Blackstone, led by Trump-whisperer Steve Schwarzman, is raising a $20 billion real estate fund that…
In 2018—for the first time in ten years—hedge funds performed slightly better than a simple, low-cost index fund.…
Manhattan Lifestyle Now Available For Only $999,000
For the first time since 2015, the median apartment in Manhattan costs less than a million dollars. ($999,000.) At…
Wow, a Financial Transactions Tax Is an Amazingly Good Idea
Imagine—just imagine—if a tiny, barely noticed tax on Wall Street could solve many of our nation’s problems. Well it…
Who Can Be Blamed For the Recession Donald Trump Will Cause?
The smart money agrees: a recession is inevitable, quite possibly in the next year or two. We can’t blame Donald Trump…
Every single Ivy League endowment—managed by some of the most “sophisticated” investors in the world—failed to beat the…
Labor Power Is the Best Investment
Concerned about inequality? Want to help low-income people earn more money? Invest in labor organizing. The return on…
How to Suck Money Back From Private Equity Vampires
Toys R Us died this year after going bankrupt, leaving hundreds of stores closed and tens of thousands of workers…
The stock market was bad yesterday; it is bad again today. Will it be bad tomorrow? Perhaps.
Do Wall Street Trump Supporters Actually Believe His Shit? We Want to Know
Donald Trump—a president who consistently lies and makes provably false assertions—has millions of supporters. Many of…
Ya Lost All Your Money on the Crypto, Idiots!!!
Did I warn you? I warned you. Honestly I warned you very clearly.
You Shouldn't Make Financial Decisions Based on Things You Read Online, But It's Time to Sell
We’re more than two thirds of the way through 2018, and we still haven’t had a financial catastrophe yet. If you think…
The Dwindling Hopes For Journalism's Revival
Pittsburgh is about to become the biggest U.S. city without a daily print newspaper, which means it’s a good time to…
I Am Extremely Disappointed to Learn the 'Main Street Investors Coalition' Is a Cynical Corporate Fraud
If you want to see clearly the actual aims of business, look at what their lobbying arms do. It is nothing but…
The Case For More Labor Unions Is The Most Obvious Case You Can Possibly Imagine
The United States of America—known everywhere as The Greatest Country in the World—ranks near the bottom of developed…
Haim Saban Is Bad For Democracy
Last month, twelve Democratic senators signed a letter from the office of Sen. Bernie Sanders to Secretary of State…
Jamie Dimon Loves Private Prisons
What is the most immoral industry? Tobacco? Maybe. Guns? A contender. But it is hard to imagine any industry more…
Trump Administration Orders You Not to Invest Ethically
The Trump Labor Department this week issued an extremely important advisory to all of you with retirement accounts: do not