Sequoia Partner Shaun Maguire: SpaceX's New Millionaires Will Fund Pro-America Projects

Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen Authored by Jeffrey Tucker via The Brownstone Institute, Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official statistics indicate.  What follows will shore up this intuition, using new techniques and numbers from an innovative project called RealityIndex.co.  It’s true that official data is bad enough, showing a 26% loss in purchasing power, slow growth...

Oracle Jumps On Solid Earnings And Guidance Boost Despite Soaring CapEx And Cash Burn There was much anxiety ahead of Oracle's Q3 earnings release: yes, revenue growth would be solid but would it come at the expense of even more capex, which has sent the stock price tumbling more than 50% since its record high on Sept 10. In the end, it turned out the company had learned from recent mistakes and projected a goldilocks future: strong revenue and just right capex. Here is what Oracle reports for Q3: Adjusted EPS $1.79...

Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.