Two Minus One Equals Three

When I first started investing in real estate, I was taught a very simple technique.Drive the neighborhoods. Look for the houses where the lawn is overgrown, the gutters are falling off, the paint is peeling, and the maintenance has clearly been deferred.The year was 2010. We wer ...  Show more

On August 2, I published an interview with Dr. Anas Alhajji on this podcast. Dr. Alhajji is an energy economist, and during our conversation one thing was clear: a shortage of oil tankers was coming, and it was going to ripple through the global energy supply chain.That was the s ...  Show more

There's an economic fantasy you sometimes hear in D.C. It often gets trotted out when politicians are trying to add billions or trillions to the national debt. They claim that all the new spending will be worth it in the end because we will supercharge economic growth. This fanta ...  Show more

Kent Smetters, Wharton Professor of Business Economics and Public Policy and Faculty Director of the Penn Wharton Budget Model, explains the economic realities behind the United States’ $38 trillion national debt, discussing options for increasing revenue, reforming entitlements, ...  Show more

The US debt ceiling is all anyone in Washington (and increasingly elsewhere) can talk about these days. For months, politicians have been in a stalemate triggered by Republican demands for spending cuts as the price for paying America's debts. With next week seen as the point at ...  Show more

A follow-up to the episode celebrating the 50th Anniversary of the day Nixon took the dollar off the gold standard, guest George Gammon is in the studio to discuss how creating unlimited amounts of money has created “monetary heroin.” George Gammon, a former entrepreneur, turned ...  Show more