U.S. Economy

Instead of market competition, inflation forces young and old into rivalrous competition for housing.

More statist orientation of people, combined with already-bloated government budgets and dangerous levels of national debt, and strong underlying demographic erosions in the form of declining birthrates would suggest a shift in trends toward higher interest rates into the future.

The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by Austrian business cycle theory and the Cantillon effect.

On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as successes.

Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.

Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.

On this episode of Power and Market, Ryan, Connor, and Tho break down the latest FOMC meeting, the real takeaways from Powell’s Fed talk, and the continuing realities of Obamacare.

As Congress scrambles to extend emergency subsidies to keep Obamacare afloat, it can be tempting to view the bill that made healthcare less affordable as a total failure. But that wasn’t the true purpose of the ACA. It was always meant to prop up the faltering crony healthcare system.

What are the things that undermine and ultimately destroy an economy and our standard of living? Dr. Mark Thornton presents seven reasons why our economy is deteriorating.

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