Joel Gross's Blog

The fundamental misunderstanding people have about bankruptcy is that they view it as a failure state, when it is actually a vital cleaning mechanism. In a healthy economy, bankruptcy ensures that capital, talent, and real estate are released from poorly run businesses and returned to the pool for better allocation. Without this process, we end up with zombie companies that can barely service their debt but cannot grow or innovate, hoarding resources that could be used by more productive ventures.… read more “Bankruptcy Mechanism For Government”

https://www.sciencedirect.com/science/article/pii/S0001691825003853

Whether you agree or disagree with their views, this is a very interesting conversation between the two men who may have had the most influence over the last set of elections in America. One of them was later murdered by the far left for sharing his opinions.

https://bryanalexander.org/personal/a-year-without-caffeine/

I am coming up on a year without caffeine like this guy. I was never addicted like he was, nor did I face severe health problems from it. I just noticed that the quality of my decision making went way down on caffeine. I was not able to prioritize things properly. I would feel strangely tired or lazy sometimes or way too energized.… read more “A year without caffeine, part 1 | Bryan Alexander”

The entire purpose of tariffs is to protect industries and businesses and workers in your country. Tariffs do this by allowing prices to rise, signalling to entrepreneurs and investors that putting their money into this area will be relatively safe and provide good returns.

Trump’s tariffs were a good idea, but he is destroying this now by trying to reduce the price of food and allowing imports again.… read more “Tariffs”

https://www.ryanpuzycki.com/p/the-banished-bottom-of-the-housing

Wealth inequality is one of the strongest arguments socialists have. A higher percentage of wealth is concentrated into fewer hands. Why not share that out with the rest of us?

What is wealth? Where does it come from? How did Jeff Bezos, Elon Musk, and Bill Gates end up with billions of dollars?

Jeff Bezos built Amazon.… read more “Is Wealth Inequality actually bad?”