Recent essays
The Dollar Remembers What We Forget
There is a number that ought to keep a central banker awake, and the number is 3.8 percent. That is what the Consumer Pr
Dirty Hands
There is a man in Hartford whose name appears on both sides of the ledger — as counsel for the accused and, if the sworn
Sixty Days
There is a strait at the mouth of the Persian Gulf barely twenty-one miles across at its narrowest point, and through it
The Weight of the Chair
There is a particular kind of gravity that settles on a man when he inherits what he did not build but must now answer f
The Fire We Feed
There is a ceasefire in the Middle East, or so we are told. The United States brokered it — a negotiated halt to the war
The Accountants You Can't Fire
There is a certain kind of debt that cannot be named, denied, or negotiated away — and the bond market has no patience f
What Was Sold Last Night: A Letter to My Children on the Defeat of Thomas Massie
My children: I have started this letter and stopped, started it and stopped, because there are some things a father doe
The Promise of Easy Wars
In February of this year, the United States and Israel launched strikes against Iran. They said it was to destroy Iran&#
The Lobby That Will Not Register
The primary in Kentucky's 4th Congressional District is three days away, and by every public accounting it is now th
A Fire Already Burning
Kevin Warsh walked into the United States Senate on Wednesday and walked out with fifty-four votes and the most thankles
The Names in the Book
There is a moment in every father's life — a small, ordinary moment, perhaps over toast and homework, perhaps in the
Read before the market does.
Every essay, delivered the moment it publishes. Finance and geopolitics, without the noise — for readers who prefer conviction to consensus.