The Fed likes to constantly tell us how well the economy is improving while refusing to increase the target rate. That tells us all we need to know.
Paul Krugman does not play fair when he attacks opponents of his interventionist schemes. In fact, we can see he moves the goal posts repeatedly.
The USDA helps politically connected interest groups crush the competition.
The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?
The fact that the US government can tax citizens directly makes the act of state secession far more difficult.
That didn't take long. Only hours after the British vote to secede from the EU passed, political leaders in Scotland renew their drive to secede from the UK.
Gun control advocates continue to narrowly define the "developed" world in order to make the US seem strange and isolated in this regard.
In Venezuela — and everywhere the state controls the economy — the political elites enjoy luxury while the people do much less well.
The Fed admits the jobs data is worsening, and sees no way to raise rates without torpedoing the tepid recovery.
