U.S. Economy

Displaying 21 - 30 of 1414

Consumer Expectations Don't Tell Us Much about the Real State of the Economy

U.S. Economy

Blog07/20/2021

In a free, unhampered market economy, individuals’ expectations are likely to correspond to the facts of reality. But we live in an economy where central banks routinely distort market signals and deceive the public. 

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Paying People Not to Work Won't Make Us Richer

U.S. Economy

Blog07/19/2021

When the government pays people not to work, that means fewer people producing fewer goods. And that means a poorer society. More government spending won't change this fact. 

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Biden's Economic Team Predicts Long-Term Slow Growth

U.S. Economy

Blog07/06/2021

Stagnation is real, but it isn’t “secular”—that is, sluggish growth doesn’t have to happen. The coming stagnation isn’t foreordained; it is simply the inevitable outcome of a progressive agenda that disdains free enterprise. 

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The Feds Collect Most of the Taxes in America—So They Have Most of the Power

U.S. Economy

Blog06/24/2021

The federal government collects a lot more in taxes than the state governments do. And the feds also spend a lot more. This tells us a lot about how the federal government came to dominate all political systems in America. 

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Transitory Inflation or Stagflation?

U.S. Economy

Blog06/21/2021

Transportation problems mixed with an ongoing government spending spree are pushing prices higher. But output doesn't exactly seem to be roaring ahead. That raises the specter of stagflation. 

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Mortgage Companies Cash in on Pandemic Relief

U.S. Economy

Blog06/18/2021

“Mortgage companies have ramped up their purchases of government-backed mortgages in forbearance, and they are selling these loans back to investors at a profit.”

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The Real Estate Boom in Vegas Is More Frenzied Than Ever

U.S. Economy

Blog05/17/2021

In Las Vegas, asset price inflation is combining with rising prices on building materials to create a real estate bubble of remarkable proportions. 

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Yes, Paul Krugman, Booms Are Unsustainable

U.S. EconomyU.S. History

Blog05/15/2021

Austrians do not question booms because they don’t like prosperity or because they have character defects. Rather, Austrians understand that booms involve lines of investment in areas of production that cannot be sustained.

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Biden's Family Leave Is Yet Another Attack on the Family

Bureaucracy and RegulationU.S. Economy

Blog05/11/2021

Only a bureaucrat would assume that putting a small child in public school is just as effective as keeping the child at home with a parent. Unfortunately for Biden, the research isn’t on his side.

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Why Is Economic Journalism So Bad?

Economic PolicyFinancial MarketsU.S. EconomyMonetary TheoryMoney and Banking

Blog03/16/2021

The financial press gives us the what, when we need the how and why. Economic journalism needs a reset.

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