The FTC Is Wrong about Mergers and Monopoly, Yet Again.
The Federal Trade Commission is unwisely trying to block a merger between Microsoft and Activism. The result is more monopoly and higher prices.
U.S. Economy
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Default by Inflation Is the Real Drama in the Global Debt Market
While the faux debt ceiling drama rages in Washington, DC, governments worldwide are defaulting on their debt via inflation.
Myth #5: Economists, Using Charts or High Speed Computer Models, Can Accurately Forecast the Future
People are contrary cusses whose behavior cannot be forecast precisely in advance.
The Mystery of the Inverted Yield Curve
Many observers have dismissed the significance of the yield curve inversion in 2022.
The MMT-and-Bailey Fallacy
The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.
Yet Another Month of Questionable Federal Jobs Data as 310,000 Fewer People Report Having Jobs
In 2023, self-employment has collapsed again with year-over-year self-employment growth dropping by 6.5 percent.
Myth #4: Every Time the Fed Tightens the Money Supply, Interest Rates Rise (Or Fall)
There are several causal factors operating on interest rates and in different directions.
My Long Journey to Rothbardian Sobriety
Our political and cultural elites have gaslighted us on inflation for years. To learn the truth, read the Austrians.
Is The Federal Reserve Already Done Raising Rates?
Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes
