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California’s Billionaire Tax and State-to-State Flight

Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax structures change incentives, and what recent migration data says about people voting with their feet.
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Jul 10, 2026 / Tyler Durden
SK Hynix ADRs Set To Open At $181, Well Above Offering Price
SK Hynix ADRs Set To Open At $181, Well Above Offering Price Summary: SK Hynix's ADRs Set to Open at $181, 22% Premium Above $149 Offering Price  SK Hynix ADRs Priced At 3% Premium As Wall Street Readies Wave Of Leveraged ETFs SK Hynix's ADRs Set to Open At Premium SK Hynix's ADRs, trading under the temporary ticker SKHYV, are indicated to open at $181 per share, 22% above their $149 offering price. The strong opening suggests robust investor demand for the world's leading supplier of high-bandwidth memory. As noted earlier, SK Hynix sold 177.9...
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Jul 13, 2026 / Daniel McAdams
The End of Lindsey Graham
I am about to speak ill of the dead. I conferred with my Catholic intellectual friend Sunday and he informed me that according to Church teaching, a Roman Catholic is not committing a sin praying for the death of a person if by continuing to live that person poses a real threat to a significant […]
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Sep 4, 2026 / Tyler Durden
The Rising Cost Of Electricity In The United States
The Rising Cost Of Electricity In The United States Across the U.S., Americans are paying roughly 30% more for electricity than in 2020. This graphic, via Visual Capitalist's Cody Good in partnership with the National Public Utilities Council, uses data from the U.S. Energy Information Administration to show the change in average retail electricity prices by state across all sectors from 2020 to 2025. Where Electricity Prices Rose the Most Washington, DC saw the largest increase in the country, with average retail electricity prices rising 72% between 2020 and 2025. Maine followed closely at...
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