We used to have a name for countries where the Government controlled the economy. We called them Communist — a place where the Government directed the “means of production” to use Karl Marx’s phrase.

The story of Ukraine, and to a lesser extent, its conflict with Russia, reflects a new trend in society’s power distribution. Traditionally, Western Democracies consider power to reside in the State, an entity elected by the power, and in which resides ultimate legal authority. …

What today is beginning to crest as a significant political tsunami began just a few months ago as a little pebble tossed into the European pond by former German Chancellor Angela Merkel. It was to be a human interest article by the German Magazine Die Zeit. It’s the kind of…

Many of us see the Autumn as our favorite time of the year. The humidity and high temperatures are behind us now, and we can enjoy pleasant temperatures and often fair skies. That’s how it is in Moscow, Russia, currently. The weather forecast for the rest of September calls for…

The contrast between how this President began his term and today could not be more stark. You may recall that the newly elected President, Joe Biden, sat at the Resolute Desk signing Executive Order after Executive Order for the first couple of days in office. He set a record of…

Sustainable Development: Are We Making Progress Or Just Chasing Rainbows? I confess that I’m an “Annual Meeting” fanatic. I enjoy attending these once-a-year meetings of management and shareholders. It’s the recap of the past 12 months, the best opportunity I know of to get to know the people who run…

Salesforce Tower vs. Rockefeller Center — David Reavill For much of my career, I spent most of my time meeting with clients and prospects at their offices, representing our investment firm to financial companies, banks, insurance companies, and brokers in various cities. Generally, I worked out of two offices, one in New York. The other in…

These are the most difficult days for Cities in America, ever. Daily, we see the symptoms of their struggle with crime, the homeless, and the drug-addled on their squalid sidewalks. The internet is full of videos of the “trank” addicted in Philadelphia, the muggings and fights on New York Subways…

At 8:30 a.m. this morning, Eastern Time, the Bureau of Labor Statistics will release the most important economic report of the month, guaranteed to be the report that has the most impact on our financial well-being. It is the announcement of last month’s change in Consumer Prices. As the cost…