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Global EconomyTaxes and Spending
European bureaucrats thinks tax rates should be similar across the zone. But they naturally want all tax rates to "harmonize" at high rates, like those in France.
What does this sea-change in the political landscape mean for Mexico?
Money and BanksBusiness CyclesMoney and Banking
Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.
The FedMoney and Banking
A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping.
Philosophy and Methodology
Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics.
Bureaucracy and RegulationCronyism and Corporatism
Government loves to set up "public-private partnerships" for the benefit of both government and certain favored businesses.
Austrian Economics OverviewPricesValue and Exchange
The purpose of economic science is not to resolve all social problems, nor does it have appropriate tools for this.
March Madness is over. However, the federal prohibition against gambling on the basketball games continues.