Market Coiling
As the economy becomes increasingly uncertain and confusing, the metals markets are responding. It is time to take a close look at them.
As the economy becomes increasingly uncertain and confusing, the metals markets are responding. It is time to take a close look at them.
No matter how many times Austrians debunk the Paradox of Thrift, it appears in one form or another, this time in The Atlantic, which claims that retirees are too miserly in spending their savings, thus putting the economy in danger.
The AI boom is consuming electricity, water, land, and capital at extraordinary rates.
While Paul Krugman certainly was well-known as an academic economist, he won his Nobel Prize in 2008 for his anti-George W. Bush commentary in the New York Times.
Despite the real damage the Trump administration is doing to the economy, its cheerleaders in the Cabinet continue to insist all is well. This is beyond wishful thinking.
Despite the real damage the Trump administration is doing to the economy, its cheerleaders in the Cabinet continue to insist all is well. This is beyond wishful thinking.
Vice-President JD Vance has been touting “common-good conservatism.” It is clear that the man has no understanding of economics and the real world.
While socialists complain about AI, at least some believe that it can engage in economic planning, thus bypassing the Hayekian knowledge problem.
American investments in Venezuela are likely to provide little direct financial benefit to the taxpayers shouldering the cost. They risk empowering a dictatorship that uses its power to repress its citizens and private enterprises.
For all of his overt hostility toward the United States, George Soros certainly has a strong foothold in the Trump administration, as a number of his acolytes have key positions, including Secretary of the Treasury Scott Bessent.