Just 4% of all stocks accounted for all the wealth created by the stock market

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Do Hard Things Why We Get Resilience Wrong and the Surprising Science of Real Toughness Steve Magness

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How a Gigantic Free-Trade Zone Made America the World's #1 Economic Superpower.

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  “The United States Common Market and the Constitution: How a Gigantic Free-Trade Zone Made America the World's #1 Economic Superpower.” This chart shows how America gradually dominated the world economy: Was it the Commerce Clause? One of the lawyers there suggested it was the Commerce Clause in Article I, Section VIII that is the secret to America’s success. The Commerce Clause gives Congress the power “to regulate Commerce with foreign nations, and among the several states, and with the Indian Tribes.” But Section VIII of Article I of the Constitution tells Congress what it can do, and that is  interfere  with commerce. Unfortunately, the Commerce Clause has been a major source of ever-increasing authority by Washington bureaucrats, which alone would not necessarily make America great. As I told the audience, you can drive a truck through Section VIII of the Constitution, which gives the Federal government virtually unlimited powers to tax, regulate, borrow money...
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The 18.6 Year Cycle Hasn’t Failed for 231 Years

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