Commentary: Get Ready for a New Roaring Twenties

Statue of Liberty

On New Year’s Eve of 2019, revelers gathered around the globe to ring in a new decade. Many jubilantly attended “Roaring Twenties” parties, adorned in elegant evening wear, cloche and Panama hats, and knickerbockers, harkening back to an exciting, culturally vibrant era of economic prosperity. But whatever veiled hopes partygoers had for a booming future soon met jarring realities: a once-in-a-century pandemic, global lockdowns, an economic recession, and widespread civil unrest stemming from an incident of police brutality. The Roaring 2020s were not to be, it seemed.

Take heart: Mark P. Mills, a physicist, senior fellow at the Manhattan Institute, faculty fellow at Northwestern University, and a partner in Montrose Lane, an energy-tech venture fund, is out to rekindle our collectively dashed hopes. In his new book, The Cloud Revolution: How the Convergence of New Technologies Will Unleash the Next Economic Boom and a Roaring 2020s, Mills convincingly argues with verve, vitality, and – most importantly – evidence, that humanity is about to take a great step forward in the coming decade. And unlike the first Roaring Twenties, these won’t need to end with a Great Depression.

In the opening pages, Mills reminds us that the original Roaring Twenties didn’t start off so auspiciously, either. In fact, separated by a century, our situation seems eerily similar. The 1918 flu pandemic ran well into 1920, triggering a severe U.S. recession that lasted through summer 1921. Violent riots and political instability were also prevalent. Yet from this pit of public despair, Americans pulled themselves out. Propelled by remarkable advancements in mass production, medicine, electrification, communications via telephone and radio, movies, automobiles, and aviation, the United States saw its GDP rise by an astounding 43% between 1921 and 1929.

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Commentary: The Flaw in Bret Weinstein and Heather Heying’s Proposal for the Future of Humanity

Bret Weinstein podcast

Bret Weinstein and Heather Heying, evolutionary biologists and visiting fellows at Princeton University, have written a fascinating new book, A Hunter-Gatherer’s Guide to the 21st Century, which Penguin Random House released in September.

The instant New York Times bestseller is riddled with interesting ideas and clever insights, ultimately arriving at a radical conclusion about how humanity must be governed in the future if we are to avoid civilizational collapse. However, the book’s concluding argument is built upon one fundamental economic fallacy, and to understand the flaw in the proposal is to understand how truly catastrophic the pursuit of Weinstein and Heying’s vision would be.

The Fear of Abundance

Weinstein and Heying’s fundamental claim is about the human propensity to seek economic growth, and the ultimate unsustainability of that goal.

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Commentary: Vegan Diets and If It Makes Kids Shorter and Weaker

Vegan dish

Diets that exclude meat and fish (vegetarian) or all animal products including dairy and eggs (vegan) are becoming increasingly popular for health, environmental and ethical reasons.

Past research in adults has linked vegetarian and vegan diets with a reduced risk of heart disease but a greater risk of fractures, caused by low calcium intakes. But the impact on children has not been evaluated, until the release of a new study this week.

The researchers found a link between shorter heights and lower bone mineral content among vegan children, compared to meat-eaters. But they didn’t show vegan diets caused the difference. Nor can they say the differences will last into adulthood.

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Commentary: China’s Three-Child Policy Shows Xi Jinping Is Terrified

Xi Jinping

The Chinese government has carried out a massive population control campaign since the 1970s with the hope that it would generate economic prosperity. The government unremorsefully forced women to receive abortions, pressured or forced millions of women to be sterilized, and punished families with multiple children with debilitating fines. More than 300 million children were aborted under China’s one-child policy. 

Last week, the Chinese government ended the two-child policy, which had been in effect since 2016, and instead enacted a three-child policy. The new policy is essentially an admission that the Chinese Communist Party’s heinous population control policies will not give it the riches it had hoped for. Instead, the population control program will deliver a demographic disaster, which will ravage the country’s economy for generations. 

Many economists recognize that population control never improved China’s economy — that was the result of increased freedom in the marketplace and foreign investment. And the Malthusian crisis the government was so desperately trying to avoid with population control was an entirely false specter. 

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Mayor of Maury County Andy Ogles Talks About County Growth, Conservative California Refugee’s, and Being Accessible

Tuesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Maury County Mayor Andy Ogles to the studio to discuss his county’s growth, real estate market trends in the county, California conservative refugees, and being accessible to his constituents.

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‘Copeland Cap’ Hits Decade-Long High in Fiscal Year 2019-2020

A bill passed by the Tennessee General Assembly last week reveals that in fiscal year 2019-2020 the Copeland Cap, at $629 million or 3.6 percent, hit its highest level in more than a decade.

The legislation, which passed as HB2819 in both chambers on March 19 with only one “no” vote by Democrat Representative G. A. Hardaway (D-Memphis), was one of the four bills addressed in an expedited fashion to enact a bare bones budget before lawmakers recessed until June 1 amid the COVID-19 health crisis, The Tennessee Star reported.

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This Economy Belongs to President Trump, not Former President Obama

by Robert Romano   You got to give former President Barack Obama credit, at least he’s consistent. When he came into office, the economy was in a deep recession that began when financial markets crashed in 2008, and, he said, he was blameless for the 8 million job losses that occurred,…

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Nashville International Airport Sets Another Record, Making It Fourth Fastest Growing Among Largest In Nation

Nashville Airport

Nashville International Airport served more than 14.9 million passengers in the fiscal year just ended, The Associated Press reported, making it one of the nation’s fastest growing airports. The record makes Nashville International, or BNA, the fourth fastest growing airport among the top 50 airports in North America, the airport’s…

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