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I was in the kitchen the other day and my cell phone rang. When I answered it, I was surprised. It was a phone creature. I could tell because there was a pause after I said hello. more
I have never been one to put much stock in a single monthly statistic. Economic data can fluctuate for all sorts of reasons, and it is normally best to see a pattern develop. In the more than 30 years that I have been writing this weekly epistle, I could probably count on one hand the number of times that I have focused on a single number and have a few fingers left over. This week, however, I am making an exception. more
Did I ever tell you about my dad and me gettin’ a new tractor? Well here, let me tell you about it. By the way, the tractor was not really new; it was just new to us. more
Information is essential to decision making, whether for an individual, a family, a business, or a government. Without accurate input data, it is virtually impossible to draw meaningful conclusions … more
Awhile back, I had the hankerin’ to do something different. Usually my wife Janet and I just sit at home and watch a movie, read, or somethin’ like that. I really didn’t want to do that again, … more
Economic theory can admittedly be simultaneously boring and incomprehensible at times, but is critical to our understanding of the functioning of markets, businesses, and consumers. more
Now bein’ a cowboy is not as easy as it might seem when you’re 10 or 11 years old, because it takes a lot of studyin’. No, I’m not talkin’ about book studyin’. I’m talkin’ about studyin’ the cowboys on TV. You had to learn to walk bowlegged, and talk with a drawl, and give steely-eyed stares at bad guys. It takes a lot of work. more
Immigration is once again at the forefront of American politics. Following President Trump’s infamous travel ban, the highly-publicized immigration raids, and the Day Without Immigrants protests in response, policymakers from both sides of the aisle are turning increasing attention to the need for immigration reform. more
Several years ago, the men at our church went to a fish fry and it was a “Men’s Only” affair. The Sunday before our pastor, Brother Robbie Caldwell, was tellin’ the congregation about the fish fry and my wife, Janet, leaned over to me and said that she’d like to go to a fish fry. more
Legislative noise has been heard in Austin about eliminating the Texas Enterprise Fund, a key aspect of the state’s economic development incentives. Gov. Greg Abbot has asked that it be retained. more
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