U.S. Economy

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Daniel Lacalle

Even if discretionary spending stays flat, total government outlays are estimated to increase by more than $1 trillion, significantly above any measure of tax revenues. And that is without considering a possible recession.

Mark Thornton

With this analysis of gift giving, we're reminded that mainstream economists seem hell-bent on reforming anything they haven't already screwed up.

Henry Hazlitt

This immense cooperative system is known as a free-market economy. It was not consciously planned by anybody. It evolved.