Biden Is Lying about the Jobs Data
It's only a good time to be a worker in America if one confuses falling real wages and falling full-time employment with robust employment conditions.
It's only a good time to be a worker in America if one confuses falling real wages and falling full-time employment with robust employment conditions.
We like to think of the "deep state" as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.
Government and monetary authorities claim that the worst of the postcovid lockdown disruptions are past and a "return to normal" is just around the corner. It will be a very long corner.
The US government simply refuses to acknowledge that scarcity exists.
No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.
The Federal Reserve has yet to get price increases anywhere near its own arbitrary 2 percent goal, but a mild slowing in growth rates has Biden claiming that price inflation is "falling."
Economic factors are only some of the reasons why men are leaving the workforce. The decline of marriage has also lowered the supply of workers by lessening incentives for workers.
The Federal Trade Commission seeks an anti-trust judgment against Microsoft for its move to acquire Activision. Like all other anti-trust action, this one has no economic merits.
The migration data from 2020 to 2022 backs up the idea that a great many people are moving from restrictionist covid states to states where the public health technocrats have less power.
It is no coincidence that the boom in mass-produced goods made specifically for children, "coincided closely with the rise of the middle-classes, industry, and capitalism."
While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.
Jeff and Bob break down this week's Davos WEF conference and consider whether global elites really have the mechanisms to impose their plans.
It's been more than 150 years since most state boundaries were drawn in the US. Since then, demographic and political realities have changed enormously. The boundaries should change too.
In a market economy, gold is sound money. There is no need for monetary authorities when gold rules.
Socialists don't just want to take your property; they also are demanding control of your children and loved ones.
Tho Bishop and Ryan McMaken celebrate World Economic Forum week.
Does the regulatory system help guarantee safe and effective drugs? Does the system protect drug consumers? Court cases tell us otherwise.
Keynesian economists fantasize that a market economy cannot "gain traction" without "stimulus" schemes from the government. In the end, the only thing stimulated are inflation and recession.
The fiat monetary system is slowly breaking down, taking the economy with it.
John McWhorter takes on the present infatuation with wokeness and shows the real harm it is doing to our social fabric.