U.S. Economy

Displaying 11 - 20 of 1605

Austerity: A Real Solution to Help Heal the US Economy

Bureaucracy and RegulationEconomic PolicyU.S. Economy

Blog12/15/2022

Economists like Paul Krugman have claimed that practice of austerity in government would damage the US economy. As Mark Thornton points out, the opposite is true: austerity works.

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Father Time versus Central Bankers

Central BanksThe FedMonetary PolicyU.S. EconomyMonetary TheoryMoney and Banking

Blog12/14/2022

Only Father Time helps us cut through the policy nonsense and understand interest rates conceptually.

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Real Wage Growth Falls for the Twentieth Month as Biden Celebrates 7 Percent Inflation

U.S. EconomyU.S. History

Blog12/13/2022

It's odd for Joe Biden to celebrate an inflation report that still has price inflation growth over 7 percent, especially when real wages are falling and a recession looks more likely every hour. 

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And So It Begins: Digital Currency Becomes Possible in our Future

Monetary PolicyU.S. EconomyMoney and Banking

Blog12/13/2022

While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.

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No Surprise: Wall Street Wants to Raise the Target Inflation Rate above 2 Percent

Money and BanksU.S. Economy

Blog12/12/2022

Twenty-six years ago, the debate was over whether or not the target inflation rate should be raised from zero to 2 percent. Now we're being told it should be 4 or 6 percent.

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The Jobs "Boom" Isn't So Hot When We Remember Nearly Six Million Men Are Missing from the Workforce

U.S. EconomyU.S. History

Blog12/08/2022

There appears to be a six-million-man gap between the number of men in the prime age group—age 25–54—and the number of those men actually in the workforce.

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As the Pentagon Fails Another Audit, Congress Wants to Spend Even More on "Defense"

Taxes and SpendingU.S. EconomyU.S. History

Blog12/06/2022

America's military technocrats (a.k.a. "generals") specialize in losing wars and also losing your money. Naturally, Congress wants to give them even more taxpayer cash.

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"Classical Liberalism" Will Never Satisfy the Left

StrategyU.S. EconomyU.S. HistoryPolitical Theory

Blog12/05/2022

Mises and Hayek used "classical liberal” to distinguish themselves from the Left. Today the term is used primarily to appease the Left.

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Total Employed Workers Fell Again in November as Savings and Incomes Fall

U.S. Economy

Blog12/03/2022

From March 2022 to November, the number of total employed persons has only increased by 12,000 people meaning there are fewer employed people now than before the covid panic.

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Economic Progress and Economic Decay: North versus South

Bureaucracy and RegulationCronyism and CorporatismLawU.S. Economy

Blog12/03/2022

While high-quality automobiles and other manufactured goods are being produced in the Southeast, northeastern states like New York are falling behind, thanks to progressive governance.

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