Politicians, academics, and the media often call for a new Manhattan Project to deal with economic issues. But there is a huge difference between technological problems and economic ones.
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
It's going to take more than a 0 percent policy interest rate and a newly invented name for QE to really address years of monetary inflation.
Forget the talk from Biden and economists like Paul Krugman. Double-digit inflation is here, and it will be with us for a while.
As the US political landscape shifts rapidly and college economics departments become increasingly hostile, the way we teach free-market economics will change.
Most people think the Industrial Revolution catapulted humanity into modern comfort, but this narrative leaves out the agricultural revolution that had to come first.
Nearly four hundred local, state, and federal police were involved in the law enforcement debacle at Uvalde. Ninety-one state troopers did nothing. This isn't just local.
Mortgage companies and realtors are today's canaries. They're in deep trouble, and so are the rest of us.
The great credit expansion Alan Greenspan began thirty years ago has finally run its course. The Fed no longer can expand credit to fight the oncoming recession.
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