When Elon Musk divested of his interest in Paypal in 2002, he was fantastically wealthy but obsessed with technological projects.Part two of a two-part series. Read part one. Musk turned to the development of Tesla, an electric vehicle. Contrary to popular opinion, electric vehicles are not new technology. Thomas Edison, who understood
While Conservatism, Inc. continues to criticize President Trump’s new steel tariffs, its spokesmen appear incurious about the possible positive effects the tariffs may have. Not only would the new duties help the economy, but they could very well be the best thing that’s happened to the GOP since the 1920s. First, of course,
After watching the results of the recent special election in Pennsylvania’s 18th Congressional District, I came to a sobering conclusion: the Republican Party, as an institution, needs to die. I’ve listened to all of the spin: Conor Lamb ran as a Trump-friendly Democrat. The Democrats had a registration advantage. Rep. Tim Murphy had
This is a very different Ted Cruz than I remember.” That was correspondent Kasie Hunt’s assessment on “Morning Joe” as the Republican senator from Texas told the crew about his good relationship with Senate Majority Leader Mitch McConnell (R-Ky.) and newfound ideological crossover appeal. “Right now in the Senate, I am in a
Tuesday’s narrow win by Democrat Conor Lamb in a special congressional election in Pennsylvania has thrilled Democrats eager to believe that the entire country has finally seen the error of its ways and is about to remove the interloper Donald J. Trump, if not from power then at least from moral authority in
Beginning in the 1970s, the Republican Party’s center of support shifted from the Northeast and Midwest to the Southwest and Southeastern United States. For many Republican voters, Texas has always been understood to be a blood-red state. Yet for the longest time, Texas was a Democratic bastion as much as California is today.
This is not a happy time to be an entrepreneur seeking to list your firm on one of China’s stock exchanges. Nor is your situation better if you’re one of the Securities Commission members charged with approving listing applications. Chinese companies aren’t doing very well, and Beijing thinks it’s because the standards on
Suppose you run a company with lots of employees. For a long time, among your employees have been a couple of your nephews. If you’re being honest, they are not your favorite workers. There’s always pressure to raise their wages and they are now up to $25 per hour each, which is more
President Trump’s recent decision to impose tariffs on steel and aluminum in response to what he (and most Americans) view as the routinely unfair trade practices of China and other foreign powers has upset more than a few Beltway apple carts. It has also triggered a lot of heated criticism from the Right—much
Leave it to the Regressive Left to put a pothole on the Motor City’s road to renewal. After decades of struggling, including becoming America’s largest municipal bankruptcy and enduring the restructuring of Chrysler and General Motors, Detroit has experienced an outburst of positive national press for being a hip city on the upswing.