For the past six months, the regime has repeatedly used whatever bogeyman could be blamed for inflation—so long as the central bank remains blameless. First it was "greed," then it was covid, and now it is "Mr. Putin."
Since the Obama administration nationalized the student loan program, we have seen student debt metastasize. Unfortunately, the Biden administration looks to make things even worse.
As the Institute’s first graduate cohort nears graduation, the Institute looks forward to welcoming its fall 2022 cohort.
Green energy advocates want us to believe we easily can transition from conventional fuels to renewables. In truth, such a transition not only would devastate world economies, but also is not technologically possible.
It is easy to blame the covid-19 lockdowns for the weakening Chinese economy, but that would be a gross simplification.
Typical economic commentary claims that deflation is a Very Bad Thing. Think again.
Fed chairman Jerome Powell recently claimed they were "targeting" the "neutral" interest rate. The Fed cannot set or even know that rate, for it doesn't come from government authorities.
The Fed has announced it will finally begin scaling back its balance sheet and raising rates. But the steps announced by the Fed on Wednesday are incredibly timid.
France is seeing its wealth-to-income levels rise to Japan's level because it is becoming harder for people to save and build wealth.
Economic growth depends upon human capital development, which depends upon things like cultural views toward work and just plain showing up on time.
