Mercantilism: A Lesson for Our Times?
Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.
Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.
One of the biggest problems of Biden's neo-Keynesian approach to government budgets is that it leaves households with less money in real terms and the “anti-inflation” measures increase debt and inflation.
As government weight in the economy rises faster, technical recessions may not appear in the official data, but citizens suffer it, nevertheless.
The latest round of wildfires in Canada has brought out the usual statist demands that we ban fossil fuels.
The State of California is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.
The Federal Trade Commission is heavily scrutinizing the proposed merger between Microsoft and Activision. Why? Sony is against it.
The Federal Trade Commission is heavily scrutinizing the proposed merger between Microsoft and Activision. Why? Because Sony is against it.
Noam Chomsky's latest offering—a series of interviews—presents the best (and worst) of one of America's premier public intellectuals.
The Biden administration has decided that the REAL problem with housing is that the wrong people are saving money and making timely mortgage payments. They must be punished.
Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of that intervention the past decade was not wise.