A better way to cut the trade deficit

On Friday the Commerce Department announced a crackdown on shiny Chinese paper. I can’t even begin to tell you whether the particular decision was warranted, and I don’t know if it’s mere saber-rattling about a triviality or the beginning of a new era in U.S. trade policy. But I do know that if Americans really [...]

The insanity of a $57.44 lunch

The Curious Capitalist family lunched together today, at Frankie’s Spuntino on the Lower East Side. The bill for the three of us was $57.44, which I thought was reasonable enough (the fact that we weren’t drinking certainly kept the price down). But Curious Capitalist Jr., who is seven, was appalled. We don’t eat out all [...]