After the Debt Ceiling Deal: Look for Liquidity Problems in the Markets
As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.
As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.
Congress is silent – or compliant – as we lurch forward toward disaster for no discernable US strategic goal. Biden – or whoever is actually running the show – is forging straight ahead.
Last week’s decision by the Federal Reserve to pause on interest rates left many unanswered questions, despite reporters raising them during
In today's progressive climate, sexual assault charges are easy to make and hard to refute, even when they are demonstrably false.
The State of California, unable to unionize fast food workers, now is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.
2022 was a warning sign that debunked the myth of eternal monetization of debt with low inflation. It is time to be serious. High deficit spending is not a tool for growth, but a tool for cronyism and a burden on the future.
While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation.
Political leaders of the so-called liberal Western regimes are engaging in authoritarian tactics to quell legitimate dissent. But leftists who riot and burn get a free pass.
Rational choice theory claims that people in the political realm act in their own self-interest. However, in today's political climate, many people act against their own interests to avoid being attacked by others.
The Fed's latest attempt to correct the inflation it caused is putting the market on a crash course.