Auto Loans: The Next Debt Bubble?
The auto-loan market has recently ballooned, but the delinquency data raises questions about how much longer these spending habits can last.
U.S. Economy
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Week in Review: April 15, 2017
This week, President Trump decided Candidate Trump was wrong about the Federal Reserve,
Trump Betrays His Base On The Fed
Trump has made it clear that he understands the Fed’s low-interest-rate policy has very real consequences beyond Wall Street.
How Trump Will Make the Trade Deficit Worse
Several of President Trump’s proposals, such as increasing military spending, will make the trade deficits even bigger.
War is the Continuation of Trumpism by Other Means
Trump was never a peace candidate, and his protectionist ideology could only ever have led to war.
Trump’s Goldman Guys Are Dangerous
Trump campaigned on cutting taxes, but Steve Mnuchin and Gary Cohn desire "revenue neutral" reform, including a possible VAT.
Why We Don’t Need Macroeconomic Data in a Free Economy
In a free economy, entrepreneurs don't need economy-wide data to make good business decisions. Macro data really only serves the needs of government.
Why Special Interests Sacrifice the Future for Short-Term Gain
When they ignore basic economics, special interest groups sacrifice the well-being of their future members in exchange for short-term gains.
Steve Bannon Dismisses Austrian Economics
Bannon's notion that the GOP conference is full of ideologues, much less libertarian ideologues, is just flat false.
Six Graphs that Reveal Big Problems for Student and Auto Loans
Modern monetary policy: a trillion dollars of housing debt has been replaced by a trillion dollars (or more) of student and auto loan debt.
