Congratulations to Clarence Thomas, who this week will become the second-longest-serving Supreme Court Justice in history. Longevity is its own reward, but more important is that the 77-year-old Justice has served long enough to see his originalist view of the Constitution remake American law.
Some here will love this, and others absolutely will not. Andy Kessler in today’s WSJ lauding Tim Cook and globalization.
It was the perfect hourly salary arbitrage. Apple paid assemblers in China $2 an hour (today it’s $6) to sell phones to Americans making $37 an hour. Could the company have made iPhones in union-dominated Detroit? Sure, but they might have cost $3,000, and we’d be using Huawei phones instead. Another reason tariffs are dumb.
Leave a Reply
HTML tags allowed in your
comment: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>
Nice editorial this morning on Clarence Thomas. The guy who gets it right more often than any other.
The Triumph of Clarence Thomas
https://archive.fo/An5CM
Some here will love this, and others absolutely will not. Andy Kessler in today’s WSJ lauding Tim Cook and globalization.
We’re Going to Miss Tim Cook
https://archive.fo/At47M