Personally I have started to avoid establishments that have automated tipping, especially for services that do not require waiters/waitresses. Perhaps it’s time for the US to adopt a more European stance on tipping, which is none this _...Read More_

>"The U.S. economy is likely to slide into a full recession, potentially sometime in the first half of next year, despite recent job-creation data."

>"Inflation and monetary policy in general aren't partisan issues in the way that abortion, guns, or taxes are."

"Throw in the short-term dangers of recession as well as the extra impetus given by the pandemic to the already rapid increase in automation, and it is hard to believe that the labor shortage will be with us for very long."

"In a competitive market economy, events in an industry can turn from good to bad at the drop of a hat. We might be seeing that right now with trucking."

"Angela Merkel has left Germany subject to Russian blackmail, and Putin may be about to apply some very direct pressure."

>"Twenty-first-century America may be dominated by oligarchic elites, but arguably the biggest threat to our economic system may be further down the food chain."

"A (possible) risk to the greenback’s leading role, inflation, the Fed, climate, and more."

"The White House blames Vladimir Putin in its inflation narrative, but the facts remain discouraging."

"The United States and European nations need to take another step in countering Vladimir Putin's aggression in Ukraine: Sanction Russian oil."

"Not only does government lack incentives to make sure money is well spent, it also has many incentives that encourage money to be spent poorly."

"Phil Gramm offers a great dose of good sense on the current economic situation in today's WSJ."

"Inflation, chicken wings, scapegoats, price controls, and much, much more."

"When Brexit and the coronavirus blurred into a political fog engulfing the U.K. last year, at the center of it inevitably stood the leader who has been defined by both."