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This month’s awards go to…

Sabrin Murray 2.26.18 04

Note:  If you become an annual paid subscriber, you will receive an autographed copy of my memoir. Please send me your address and I will mail you my book.  Robert Wright’s review of my book captures the essence of my journey in America. 

“There is a right way and a wrong way, always choose the right way.”  Abraham Sabrin (1914-2001). “Prediction is very difficult, especially if it’s about the future!”  Niels Bohr

Murray’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Every Wednesday at 11:05am talk show host Gary Nolan and I discuss the economy and politics.The Fort Myers Mises Circle presentations are available online

Latest podcast on healthcare with host Johnathan Westover; Incentivizing wellness podcast with Bernadette Pajer; the Human Action podcast with Bob Murphy.

I have been invited to deliver the Ludwig von Mises lecture at the March 2024 Austrian Economics Research Conference. For information about the event and the major presenters click on the links in the previous sentence. Student scholarships are available.

Former president Bill Clinton was known as “Slick Willie” for his duplicity in his quest for public office in Arkansas.  Clinton was so slick it propelled him to two terms in the White House.

Fast forward to last week’s debate between governors Ron DeSantis and Gavin Newsom moderated by Sean Hannity.  I watched the 90-minute showdown and had hoped Hannity or the director would have prevented cross talk by cutting off of the microphone of the governor who was not speaking.  Both governors talking at the same time is annoying to the television audience, to say the least. 

At any rate, listening to Newsom’s tiresome rhetoric on abortion and so-called LGQBT rights and watching him smirking when DeSantis was speaking and not answering the questions about the deterioration of the quality of life in San Francisco and Los Angele earns him the nickname “Greasy Gavin.”  Like a snake slithering on the jungle floor, Newsom is the next generation of Democratic politicians who panders to every left-wing big government agenda. 

Newsom therefore is December’s Schmuck of the Month for his elitism and his quest for power as president of the United States. 

I still believe Newsom will replace Biden as the Democrat’s presidential nominee next year.  However I would not bet the ranch on it, but the stars are lining up for Old Joe to leave the political scene after having served his masters so well in the White House for the past three years. 

The first posthumous Mensch of the Month goes to the Charlie Munger, who died last week just shy of his 100th birthday.  His remarkable life as Warren Buffett’s long-time friend vice chairman of Berkshire Hathaway, philanthropist and other remarkable achievements are a testimony to values of America’s heartland.  

In short, Munger had a “wonderful life,” and for all the accolades he received the one that stands out for me he was a “straight shooter” and did not suffer fools lightly

American businesses need more Charlie Mungers and hopefully his life be an example and guide current and future entrepreneurs.

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https://fortune.com/2023/03/27/recession-2023-layoffs-tech-finance-unemployment-outlook-fed-rates-murray-sabrin/?utm_source=search&utm_medium=advanced_search&utm_campaign=search_link_clicks.

This is an update of my 2021 forecast, https://fortune.com/2021/12/09/next-recession-heres-everything-bubble-markets-2021-2022-covid-murray-sabrin/ 

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Murray Sabrin, PhD, is emeritus professor of finance, Ramapo College of New Jersey. Dr. Sabrin is considered a “public intellectual” for writing about the economy in scholarly and popular publications. His new book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance (Business Expert Press, Oct. 24, 2022), and his other BEP publication, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide (October 2021), provides decision makers with tools needed to help manage their businesses during the business cycle.  Sabrin’s autobiography, From Immigrant to Public Intellectual: An American Story, was published in November, 2022.

Murray’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

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The Week That Was: Red State v. Blue State, Togetherness v. Loneliness, and Posers v. Overcomers

Sabrin Murray 2.26.18 04

Joseph Cotto and I do a deep dive on Milei, Argentina, and the US in a podcast