Policymakers who think they can determine the proper price of a good better than the market will create no less a disaster than the captain of an ocean liner who believes his engines will allow him to pay no heed to momentum.
Economy
‘Sparkle Beach Ken’ Is Too Kind To Gavin Newsom
The California governor correctly figures that if he stays on offense, his own dismal record will be ignored — even if that offense is odd. Being Gavin Newsom means never having to explain yourself — being able to hurl accusations and nonsensical claims with nary a follow-up from the press. Newsom’s foray into the World...
January 23, 2026