The Inflationists’ Narrative Is Crumbling
Let’s be realistic. The U.S. needs pro-growth strategies and tax cuts, but no administration will be able to offset a $1 trillion increase in mandatory spending with higher tax revenues.
Let’s be realistic. The U.S. needs pro-growth strategies and tax cuts, but no administration will be able to offset a $1 trillion increase in mandatory spending with higher tax revenues.
The $100 trillion fiscal timebomb means lower growth, lower real wages, financial repression, and destruction of the currencies’ purchasing power in the future.
With the election of Donald Trump, we are seeing repeated use of another F-word to describe the direction America is going: fascist. But is that what is happening in the…
As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect competition—gives the digital economy uncreative destruction.
Amy LePore joins Bob to talk about FEMA’s poor track record in recent disasters but also going back to Hurricane Katrina.
Modern academic economics is based upon the methodologies used to study the natural sciences. However, such methodologies are inappropriate to study economics, which must be based upon causal-realism.
Unfortunately, we find that today’s MAGA economics is in many ways a retread of the failed supply-side economics of old.
One of contentious parts of the history of the American Civil War is the question of whether southern blacks served as soldiers in the Confederate army. While the numbers of…
Yes, college professors are 10-to-1 Democrats over Republicans.