U.S. Economy
The Many Ways the State Taxes the Poor
Contrary to the political myth, poor people do indeed pay taxes, and they pay into a system that robs them of control over how they can spend, save, or invest their own property. In addition, the poor are taxed by a perverse incentive structure that punishes their financial success.
Patrick Barron: The End of the US Dollar Imperium
Jeff Deist and Patrick Barron address the issue of monetary imperialism.
Mark Thornton on the Latest Employment Data
Beginning at 40:00, Mark Thornton discusses football, the stadium bubble, and recent employment
Mark Thornton Discusses The Great Depression
On the It’s Your Money Show: Select the Oct 5, 2014 show.
Is the Surge in Capital Goods Orders Due to Malinvestment?
Orders in capital goods have been going up since 2009. Normally, capital goods purchases suggest economic growth, but if the orders are a result of easy money, the purchases point not to wealth creation, but to a bubble.