rush-limbaugh-palm-beach-estate-sold-for-$155-million

Rush Limbaugh Palm Beach Estate Sold for $155 Million

Rush Limbaugh’s home for the past decade was sold off-market this past week for $155 million.  The New York Post reported: Rush Limbaugh’s widow, Kathryn Adams Limbaugh, has sold her husband’s longtime Florida compound of 20-plus years for a whopping $155 million. This marks a record for the Palm Beach area, which has seen a slew of

the-fed-isn’t-powerless

The Fed Isn’t Powerless

In a recent article at Axios, Neil Irwin asks why interest rate increases haven’t tamed inflation. Inflation remains high despite eight rate-hikes by the Fed over the past year. The latest personal consumption expenditure price index (PCEPI) data shows the price level rose 0.6 percent in January, which is 7.2 percent annualized.  “Something strange is

delivering-on-the-promise-of-platforms

Delivering on the Promise of Platforms

Platforms deliver on promises, and that’s why they exist. Platforms don’t sell anything on their own, but instead sell connections. That’s been true for a long time, but in the past 25 years the picture has come into sharp focus. Imagine it’s 1997. Let’s compare two companies: Walmart and Amazon. Walmart is the largest employer,