74th Edition What is the optimal rate of inflation? The Fed believes it is 2%, but they are wrong.  Let me explain why.  Inflation has been persistently high averaging 5.6% over the past three years. While it has been declining, there is

53rd Edition Columnist Walter Russell Mead recently wrote a very interesting article in the Wall Street Journal titled, “A Distracted America Still Leads the World.” After reading it once, I knew I was going to respond, but I had to read

48th Edition The Wall Street Journal ran an interesting article about General Motors’ struggle with its attempt to transition into electric and driverless cars. According to the story, GM’s CEO, Mary Barra, has received a fair amount of criticism for terminating

39th Edition January 2, 2024 Thoughts on trickle-down economics In this edition I thought I would add a few thoughts and hopefully a new perspective on the ongoing controversy surrounding supply-side economics, specifically as it relates to the theory commonly

29th Edition October 24th, 2023 How to ensure that free-market capitalism survives The epic battle for the future of our country continues, pitting centralized control by elitists and bureaucrats, who are intent on furthering the administrative state, against entrepreneurs, and those

23rd Edition  I recently took a long trip from Davidson, NC to Boston, passing through several states, Virginia, West Virginia, Maryland, Pennsylvania, New Jersey, Connecticut, and Massachusetts. During the 750-mile trip, the interstates were packed with tractor trailers. To pass the time,

Artificial Intelligence, lots of questions This edition of Kayes Views focuses on Artificial Intelligence, in response to a very interesting article in the Wall Street Journal – “Should Robots With Artificial Intelligence Have Moral or Legal Rights?” by Daniel Akst. Those

Financial Crisis 2.0? Is the collapse of Silicon Valley Bank and subsequent troubles at other regional banks like First Republic foreshadowing another financial crisis like we experienced in 2008?  At this point, I don’t think so.  Much has been written