Power & Market

What should economists do, and are we doing it?

For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even when we adjust for CPI inflation.

I recently joined Lena Petrova on the World Affairs in Context podcast to talk about the alleged gold at Fort Knox, how the federal government stol

Recently President Trump

By omitting mercantilism, Marx could attribute its exploitative practices—particularly colonialism—directly to capitalism, reinforcing his ideological critique.

Public funding of University research and education is neither necessary on practical economic grounds nor defensible on moral grounds. It should be cut 100 percent.

Immigration is an economic issue among others, and the reality is that resources are finite.

‘A ceasefire is when the Israelis fire and we cease.’ ~ Refaat Al-Areer, RIP
 

For all the political rhetoric about building “affordable housing,” the reality is housing prices will only go up, and tariffs will contribute to the increase.

The US government, starting with Biden and continuing now with Trump, seems eager to make this our war.