U.S. Economy

Is the Federal Reserve truly independent? Jonathan Newman uncovers the myths behind the 1951 Treasury-Fed Accord.

With the resurrection of Saudi Arabia's Jeddah Tower project set for completion around 2027, could another global economic crisis be imminent?

Following World War II, Congress imposed mandates on the Federal Reserve in the areas of employment, inflation, and interest rates. Not surprisingly, the Fed has failed in all three areas. It is time to recognize failure and abolish the Fed altogether.

Any government deploying this so-called policy tool is trespassing upon property rights. As a result, human beings are in a word: dehumanized.

Bob Murphy digs into the latest GDP numbers, questions Peter St. Onge’s optimistic spin, and shows what the data really says about tariffs, trade, and recession fears.

These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.

Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.

Mark Thornton cuts through the noise to explore the real economic threats facing America.

If a politician claims that he cares about the national debt, but then won't make big cuts to current federal spending, he's either a liar or a fool. 

Trump has even dubbed himself “a Tariff Man.” This is nothing new, however, his frequent claims regarding the US economy during the Gilded Age need scrutiny.