It is no surprise to libertarians that what is in the interest of the government might not be in the …
Inflation down but we’re sure not out of the woods yet
Inflation over the past 12 months has crashed to 3 percent in June according to the latest data from the Bureau …
What’s Wrong and What’s Right With Debt Ceiling Deal
President Joe Biden and Speaker Kevin McCarthy, R-Calif., announced a debt limit deal Saturday, with a vote expected Wednesday in the House of …
How to Make Sure the Housing Shortage Worsens
Failed attempts to implement rent control remind us there is really only one way to lower housing prices when there …
Are Food and Energy Excluded from Inflation Measures?
This week for Ask an Economist, I have another question from Dr. Overfield. His question is: “I would like to …
California says “screw it” and defaults
“The state should have taken care of the loans with the COVID money it received from the government in 2021,” …
The case for abolishing the minimum wage
Eighteen states impose minimum wages higher than the federal minimum of $7.25 an hour. Among the states, California’s $12 an …
You won’t believe how much interest is owed on the National Debt!
Gross interest owed on the $31.4 trillion national debt—that is, interest owed on both the $24.9 trillion publicly traded debt and …
HAPPENING: The Collapse of the Dollar Empire
The Soviet empire started to crumble around 1989. The time period between the forming of the North Atlantic Treaty Organization …
Economic Issues Are Causing Major Voting Bloc to Abandon Democrats
New data shows Black voters are moving to the right at the margins – and the economy under President Biden …
Biden is all wrong on the economy because sugar-high Keynes is wrong
by Dan Mitchell While speaking last week at the Acton Institute in Michigan, I responded to a question about the perpetual motion machine of Keynesian …
Yellen throws Biden Policy under the bus
Treasury Secretary Janet Yellen admits – in a squirrely way – that Biden’s two trillion in deficit spending is at …
Massie’s Science/Economics Class
A simple demonstration using iced tea reveals how printing currency erodes the value of a dollar and brings about inflation. …
2023 Bank Crisis: Where depositors are hostages
Despite taking action to put Silicon Valley Bank and Signature Bank into receivership under provisions of federal law in the …
Presidents get blamed for recessions on their watch no matter what,
By Robert Romano If anything has a knack of making presidents in otherwise commanding positions into one-term presidents, it is …
Biden’s Billionaire Bailout – Making sure the wealth transfer continues
WE have all now heard of the collapse of the Silicon Valley Bank (SVB) – the premier tech start-up funding …
Down the $1 Trillion Rabbit Hole With The Fed!
Amid a spectacular banking crash over the weekend, the Federal Reserve and U.S. Treasury have intervened to guarantee $230.6 billion …
Amid Big Tech Layoffs, Demand Still High for Foreign Workers With H-1B Visas. Something Doesn’t Add Up.
Economist Milton Friedman’s maxim that “nothing is so permanent as a temporary government program” applies to work visas that are …
Biden Keeps Making Claims About Economy That Just Aren’t True
President Joe Biden has gotten into a revisionist history habit. He has repeatedly claimed that he inherited an economic disaster. …
Social Security Benefits to be cut by one-fourth
A new Congressional Budget Office report projects an even more dire outlook for Social Security’s future than was previously calculated. Without action …
The US Government’s Debt-to-GDP Ratio Is Worse Than Greece’s Before the 2008 Crash (And It’s About to Get Worse)
President Biden on Wednesday pitched a new plan to Americans before a joint session of Congress: more spending. The just-released …
WHAT IT MEANS: Another 139,000 jobs lost…
…in the household survey for second straight month as 186,000 leave the U.S. labor force amid hiring slowdown. 139,000 fewer …
Who Has Better Ethics, the Social Security System or Bernie Madoff?
According to Wikipedia, Bernie Madoff ran the world’s largest Ponzi scheme. The losses were estimated to be as high as $65 …
One woman is responsible for over 40% of National Debt.
Wow. According to @RepThomasMassie, Speaker Nancy Pelosi is responsible for over 40% of all the debt that’s been accumulated since …
Watch:Prof. Jeremy Siegel SAVAGES Fed! Promises RECESSION
Jeremy Siegel, professor at the Wharton School, joins the ‘Halftime Report’ to discuss the Fed’s decision to raise rates after …
Financial markets across the developed world are breaking. The 2020s are going to be very, very hard
I have copied an entire Twitter thread for you. Partly because he explains it so well and partly because these …
Remember that time Kerry called this Congressman a rude word?
Rep. Thomas Massie, R-K.Y., joined ‘Kennedy’ to discuss former Secretary of State John Kerry saying he’s unsure how much the …
What is the Fed? (And a Smackdown)
Government: “We need to fight inflation.” Also the Government: pic.twitter.com/9xB8CdrJUc — Anthony Laurie (Энтони Лори) (@AnthonyALaurie) September 23, 2022 The Federal …
Instead of Letting Elected Representatives Blow Though Taxpayer Dollars, Here’s a Better Path Forward.
The shopping spree is a fun concept. The winner of a game show or sweepstakes gets five minutes to race …
The Failure of Bidenomics, Part VII
Let’s revisit the issues of Bidenomics. Previous editions of this series have focused on Biden’s dismal record with regards to subsidies, inflation, protectionism, household …