U.S. Economy

The “K-shape” isn’t a mystery. As Mark Thornton explains, it’s Cantillon effects from cheap money and Leviathan.

A non-exhaustive review of government spending over the last quarter century.

While the Fed continues its “two percent” charade, the central bank has been inflating the US economy into ruin. The latest Fed capers will not end well.

50-year mortgages are likely to increase the likelihood of more "owners" becoming underwater and walking away from their mortgages. This will lead to more bailouts for the financial sector. Taxpayers will pay the price. 

As the economy worsens, expect to see more articles from legacy media about how saving money is actually bad for the economy. It's an old Keynesian myth.

The excitement of DOGE’s early days has mostly dissipated, in large part because Republicans still completely accept the fallacious paradigm of their progressive opponents about how all these government programs are providing necessary services for the American people.

It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is a false narrative, as increasing the supply of money over time ultimately sparks inflation and triggers business cycles.

Prominent central bankers have given conflicting statements concerning gold. What soaring gold prices might indicate is that the world is now turning to gold.

Even as historians have softened on their outlook on Hoover, they usually still manage to avoid the obvious connection between interventionism and lack of economic recovery.

On this episode of Power & Market, Ryan, Connor, and Tho discuss the latest jobs number data, what it means for the affordability crisis, the legacy of Dick Cheney, and Thanksgiving favorites."