U.S. Economy

Displaying 1 - 10 of 1295

The End of Civilization?

Global EconomyU.S. Economy

Even if the COVOID-19 virus turns out to be more severe than the skeptics give us reason to think it is, we can get through it. We cannot survive the end of the division of labor. It would be the finish of civilization as we know it.

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The Fed Is a One-Trick Pony

Financial MarketsMonetary PolicyU.S. Economy

Blog03/19/2020

Printing up paper money—which is the Fed's solution to nearly everything—will not bring about a miraculous replacement of the lost goods and services or repair broken supply chains.

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US Mandatory Spending Projected to Increase Over a Trillion Dollars by 2023

Taxes and SpendingU.S. Economy

Blog02/12/2020

Even if discretionary spending stays flat, total government outlays are estimated to increase by more than $1 trillion, significantly above any measure of tax revenues. And that is without considering a possible recession.

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The ABC of a Market Economy

Free MarketsU.S. EconomyInterventionism

Blog12/04/2019

This immense cooperative system is known as a free-market economy. It was not consciously planned by anybody. It evolved.

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Conservatism: A Vanishing Tradition

U.S. EconomyPhilosophy and Methodology

Blog11/20/2019

Today's neoconservatives have found common cause with the Left in destroying those who disagree with them. In fact, this habit of denying a forum to any and all dissenters has a long tradition in the conservative movement.

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The Feds Spend More on National-Debt Interest Than You Think

U.S. Economy

Blog11/06/2019

As the government continues to pile up trillion dollar deficits, when interest rates return to a historical norm, interest payments on the national debt may exceed payments to Social Security recipients.

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The American Middle Class Isn't Disappearing — But it's Not All Good News

U.S. EconomyU.S. History

Blog11/05/2019

Middle-income households and workers haven't been disappearing. They've been moving into higher income levels, while the lowest-income groups have been getting smaller. But another recession could erase many of the gains made over 20 years.

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The Problem with Elizabeth Warren’s Wealth-Tax Plan

Taxes and SpendingU.S. Economy

Blog10/19/2019

Elizabeth Warren's wealth tax is based on the idea that the government knows how to use wealth better than the private sector. The plan also ignores that the wealthy have been shown to flee countries with a wealth tax.

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The Late Great State of California

U.S. Economy

Blog10/18/2019

California is now the most taxed and regulated state in the nation. Not surprisingly, life here is becoming less affordable, and less profitable.

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