Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/Wealth

The Shrinking of Treehorn

…back to $2/gallon in a few months? As we see our home values–and the equity we can tap into–falling, do we expect to get back to relying on that “wealth”…

Train Drain

…railroads threatened to distort the workings of the free enterprise system. In most places, a single railroad held a local monopoly, which it used to extract wealth from the community…