America

Submitted by Thad Beversdorf via First Rebuttal.com,

If one steps back and simply looks at the accuracy of the world’s prominent PhD economists and market pros’ predictions over the past 7 years one can’t help but shake one’s head. And I believe investors have become wise to their ignorance.  We’ve seen a record 15 consecutive weeks of net selling of equities despite these expert pundits continuing on in their attempt to deceive investors into believing we are just one or two quarters away from that (now) proverbial recovery.

As Facebook nears the size of Exxon Mobil, Google has just topped Apple (for the first time since Dec 09) as the biggest company in America...

Did AAPL just become Microsoft?

Following today's eagerly anticipated summit between Paul Ryan and Donald Trump, don’t expect a joint press conference or photo op. As the Hill notes, Ryan is showing no signs that he’s prepared to swiftly endorse Trump when they emerge from their huddle at Republican National Committee (RNC) headquarters on Thursday morning.

When most Americans think about agriculture, they picture a small mom and pop farm with a few hundred acres and a small group of happy cows. Few realize that small agricultural enterprises are far from the norm today: as Leah Douglas wrote for Pacific Standard yesterday, “just four companies control 65 percent of pork slaughter, 84 percent of cattle slaughter, and 53 percent of chicken slaughter. Milk production is largely shaped by one large processor, Dean Foods, and one large cooperative, Dairy Farmers of America.” What are the practical results of this?

Sheldon Richman has just given readers of The American Conservative a superb review of McGill University Professor Jacob T. Levy’s very important new book Rationalism, Pluralism and Freedom—but both are so good they require further elaboration.