We love our listeners and we love hearing from you! So we decided to ask what questions you’d like us to address.  Today we start with a great hypothetical. If conservatives won control of the House, Senate, and White House (with a supermajority in the Senate), which president from the past 100 years would we want setting the agenda and what would we want him to focus on. Then they take on a question asking what margin Florida Gov. Ron DeSantis needs to win re-election by to have real momentum for a 2024 presidential bad – and how damaging would it be for him if Sen. Marco Rubio wins by a wider margin?  Finally, they tackle a Terminator-themed political question in a crazy but intriguing final martini.

Hubwonk host Joe Selvaggi talks with Dr. Bill Smith, Director of Pioneer Institute’s Life Sciences Initiative, about the impact of the Inflation Reduction Act on long-term health costs. They discuss the bill’s unintended consequences, potential effect on the region’s vibrant pharmaceutical research and development sector, and what citizens can do about it.

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Chips—semiconductors—are a critical part of our modern economy (read all about that in Mark’s book). So, where they’re manufactured matters. It’s good that Congress finally noticed.  But there’s far more to the story, and more to be done, much of it differently, to reignite American “soft” power in the “hard” industries of manufacturing.

For historical perspective see “How America Can Create Jobs,” by Andy Grove, in Bloomberg, July 1, 2010.

Join Jim and Greg as they dig into reports that plummeting demand – and not President Biden – are responsible for falling gas prices. They also sigh as businesses of all sizes are making plans to flee Taiwan if the China invades. And they get a kick out of New York Rep. Carolyn Maloney saying she didn’t expect President Biden to run again in 2024 and then gushing over him with praise when she apologizes.

 

This week on JobMakers, host Denzil Mohammed talks with Khamzat Asabaev, refugee from Chechnya and cofounder of SoftSmile, a software tool that helps dentists provide affordable, quality orthodontic treatment. Khamzat pursued entrepreneurship to make basic services accessible to all, after experiencing a lack of access to basic care as a refugee and a minority. Refugees like Khamzat face terrible circumstances, but through resilience and fortitude, often make significant contributions to their adopted homeland, with higher rates of employment and entrepreneurship. That means they give back far more than we gave them, as you’ll discover in this week’s JobMakers.

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This week on Hubwonk, host Joe Selvaggi talks with Boston Globe columnist Jeff Jacoby about November’s Massachusetts Ballot Question 1, the so-called Fair Share Amendment. They examine both the merits and timing of a graduated state income tax, as well as the effects on society of creating separate categories of tax payers, and the dangers of setting the many against the few.

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This week Mark Mills expands on his Wall Street Journal review of the book Restarting the Future: How to Fix the Intangible Economy by Jonathan Haskel and Stian Westlake.

 

This week on JobMakers, host Denzil Mohammed talks with April Ryan, immigrant from Russia, founder and CEO of Red Iguana nail art products, and influencer to hundreds of thousands. April came to the U.S. from a poor town, speaking no English, but through tenacity and inventiveness, she achieved success by creating video tutorials of nail art, and developing a breakthrough product that became a bestseller in 19 countries. April’s story is the immigrant story, about the kind of people who embark on the journey to America, and then put their pluck and ingenuity to use for the benefit of everybody, as you’ll hear in this week’s JobMakers podcast.

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Jim and Greg comment briefly on the news that President Biden tested positive for COVID Thursday morning. Then they dive into the New York Times series on columnists admitting things they got wrong. They welcome the admission from Bret Stephens that he was very wrong about Trump voters and they had many, many good reasons to be thoroughly fed up with politicians who stiffed them culturally, economically, and otherwise for decades. They also slam Gail Collins for her self-serving column about writing too much about Mitt Romney’s dog during the 2012 campaign. And they hammer Paul Krugman for saying he was wrong about inflation but then spending the rest of the column trying to explain how he really wasn’t.

 

This week on JobMakers, host Denzil Mohammed talks with Aki Balogh, immigrant from Hungary and cofounder of MarketMuse, which created an artificial intelligence powered content intelligence and strategy platform; and cofounder of dlc.link, which aims to decentralize Bitcoin. Moving to the U.S. after fleeing post-communist Hungary, Aki and his family did whatever they could do to survive, and that included delivering newspapers and phone books, and even starting a computer repair business, as a young teen.  Today, Aki is a pioneer in content intelligence technology and has created more than 90 jobs in the past eight years. But he didn’t come up with groundbreaking software or build a successful business alone. He had help, from a diverse group of collaborators who built something great, as you’ll discover in this week’s JobMakers podcast.

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This week on JobMakers, host Denzil Mohammed talks with Chet Manikantan, immigrant from India and founder of Aegis Studios, which builds crypto games. Chet was founder of a string of companies and a partner at two venture firms, but he was almost denied the opportunity to innovate and create jobs in the U.S. by our outdated immigration system, if not for a chance encounter that led to a workaround for select foreign-born entrepreneurs. And he’s keenly aware and grateful that this country gave him what he needed to succeed, as you’ll learn in this week’s JobMakers podcast.

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This week on “The Learning Curve,” Gerard Robinson and guest co-host Kerry McDonald talk with Jean Strouse, author of the award-winning biography of J.P. Morgan, Morgan: American Financier. They discuss why the general public and students alike should know more about the life and accomplishments of the controversial, late 19th- and early 20th-century American banker. She explains Morgan’s role as a stabilizing figure while serving as the de facto central bank during financial booms and panics, and his importance in the creation of U.S. Steel, Edison General Electric, and the railroad empire, all of which helped propel the nation’s economic ascent. He was also involved in public disputes with Theodore Roosevelt and other Progressive-era figures over the power of business trusts and monopolies. Finally, Ms. Strouse describes Morgan’s famous art collecting, and one of the most interesting figures in his life, Belle da Costa Greene, who was director of the world-renowned Pierpont Morgan Library. The interview concludes with Ms. Strouse’s reading from her biography of J.P. Morgan.

Stories of the Week: Survey data show more Americans are considering foregoing college in favor of alternatives to career pathways, and enrollment has not seen a post-COVID rebound. For those families who do plan for college, U.S. News offers some tips, including starting the search early, talking to recruiters, learning effective study habits, and more.

This week on JobMakers, host Denzil Mohammed talks with Pedro Zamora, executive director of the Hispanic Economic Development Corporation of Greater Kansas City. Pedro and his organization work on initiatives that are crucial to the economic vitality of the area, and they’ve helped more than 4,700 businesses. Immigrants there are having an outsized economic and cultural impact, and so Kansas City is yet another example of how localities can bounce back and benefit from immigrants and refugees, as you’ll learn in this week’s JobMakers podcast.

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Part two of our episode with Ken Fisher continues our wide-ranging conversation as we dive down the various rabbit-holes of realities about technologies, markets and even politics. 

Ken Fisher’s Real Clear Markets columns here.

Hubwonk host Joe Selvaggi talks with Dr. Hussain Lalani about his recently published research on the potential for more than $3 billion in savings were Medicare to use Mark Cuban’s new direct-to-consumer drug company to purchase generics.

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Member Post

 

The index fund giant Vanguard Group is reputed to have become woke, pushing gender and racial diversity on corporate boards, climate change initiatives, and so much more. It’s remarkably difficult to find news stories with details. And their corporate web site is cagey about it as well. I’ve been a huge Vanguard fan since I […]

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This week on JobMakers, host Denzil Mohammed talks with Mei Xu, immigrant from China and founder of Chesapeake Bay Candle, which was acquired by Yankee Candle parent company Newell Brands for $75 million. Mei describes the journey to entrepreneurship, and how she created opportunities for herself. Today, she seeks to empower women business owners around the world, to show them that they too can expand economies and horizons with a little guidance. As she says in her new book, Burn: How grit, innovation, and a dash of luck ignited a multi-million dollar success story, “I hope to convince you, the American Dream remains vital and accessible to all of us,” as you’ll discover in this week’s JobMakers.

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(Photo courtesy Ken Fisher)

For the next two episodes we’re joined by Ken Fisher, the storied, successful, insightful analyst, New York Times best-selling author, and founder, executive chairman and co-chief investment officer of the $197 billion Fisher Investments fund. We think you’ll enjoy this wide-ranging conversation about the psychology of markets, stocks, public policy, technology and much more.

Member Post

 

I am a big fan and shareholder of Costco, and anything derogatory about them worries me.  But then, I read the story on Fox News, and I just had to laugh.  It seems that the 400,000 patio umbrellas subject to recall weren’t just ordinary patio umbrellas.  These big umbrellas have LED lights on the ribs. […]

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This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Join Ricochet for Free.

Join Jim and Greg as they cheer the Supreme Court decision confirming that gun owners do not need to “show cause” to get a concealed carry permit. They also criticize four Senate Democrats for demanding Google not include any information on pregnancy resource centers when people search for abortion services. And they wonder why the Biden administration is banning Juul vaping products.