From September 1989

Journal of Commerce (Sometimes you get things right. This is an op-ed written two months before the Berlin Wall came down. The piece corresponds well with my reflection on the death of F.W. de Klerk.) A MANDATE FOR MR. DE KLERK BARRY D. WOOD | Sep 07, 1989 8:00PM EDT  ·           With the results in from this week’s election in South Africa, 53-year-old F.W. de Klerk is … Continue reading From September 1989

Achievements of F W de Klerk

In Shakespeare’s drama about the plot to kill Julius Caesar the 16th century bard has Brutus warn fellow conspirator Cassius that the time for action had arrived.   “There is a tide in the affairs of men,” says Brutus, “which taken at the flood, leads on to fortune.  Omitted, all the voyage of their life is bound in shallows and in miseries.”  For F.W. de Klerk the tide … Continue reading Achievements of F W de Klerk

Washington Must Cut Back on Stimulus

Warning lights are flashing—gasoline is up 40%, home prices are surging, the labor market is tight, and supply disruptions are creating shortages. Inflation has doubled to a 13-year high of 5.3%.  Unless the Fed scales back monetary stimulus, the economy will move dangerously close to a treadmill of spiraling inflation.  To be clear, since the covid pandemic struck in early 2020 the Fed has done the … Continue reading Washington Must Cut Back on Stimulus