JOIN OR RENEW TODAY
It is most helpful to think of the Fed and the Treasury as one thing—one combined government-financing operation whose financial statements should be consolidated.
Bureaucracy and Regulation
The agriculture industry is largely running as a planned economy. When the power to make decisions is delegated to bureaucrats rather than to those impacted, mismanagement is a given.
Economic PolicyFree MarketsPoverty
Critics of free markets claim that capitalism causes poverty. After economic restrictions against India's Dalits caste were lifted, many Dalits were able to secure a better life and rise from poverty.
A myth endures that Hitler supported private property and that a Nazi-capitalist alliance existed. In reality, the "capitalism" that existed under National Socialism had nothing to do with private property.
Justin Trudeau wants to crush the peaceful trucker protest. So he's invoking the Emergencies Act so the regime can pretty much do whatever it wants.
Totalitarianism in all its forms—including, of course, National Socialism—ought to be condemned. But why do the Soviet totalitarians get so much sympathy?
Since GDP is expressed in dollar terms, the so-called real GDP fluctuations are in response to the fluctuations in the quantity of dollars pumped into the economy.
Money and Banks
After many months of covid stimulus, there's a bonanza in US pandemic profits. But unlike price inflation, these profits really are likely to be transitory.