U.S. Economy

Like the Happy Days program that could not be saved by Fonzie’s waterskiing heroics, Intel will be made even weaker in the aftermath of its equity deal with the Trump administration.

Red + green = brown. Mark Thornton shows how towering debt and easy money set the stage for hyperinflation.

Jonathan Newman joins Ryan and Connor this week to discuss the latest developments in Trump’s campaign to “takeover” the Fed, the current state of the jobs market, and the misconceptions people have about how economists value the choice not to work.

While monetary inflation has various economic effects—predictable and surprising, direct and indirect—this article seeks to explore the effects of monetary inflation on food. Specifically, debased currency leads to debased food.

Fed Chairman Jerome Powell’s claims to want to protect the “independence” of the Federal Reserve ring hollow. Following sound monetary policies is more important than the theoretical “independence” of the central bank.

In case you haven‘t noticed, housing prices are not rising like they did a short time ago, thanks to higher interest rates. Bringing down those rates, however, will increase inflation and make housing less affordable.

The recent political firefight over Trumps firing of BLS Commissioner Erika McEntarfer overshadows the underlying question of why we need the BLS at all. Murray Rothbard noted that government statistics provide the main tools for government economic intervention.

Every August, central bankers gather in Jackson Hole to “save” the economy by the same magic tricks that broke it.

A new July report shows Trump and the GOP Congress have joined forces to drive up federal spending to the highest levels since covid. The federal debt also just passed $37 trillion.

The rise of the internet has replaced manual labor with brain work─which pays way more. And Donald Trump wants to go backwards. That way, more Americans can stand in front of a machine all day.