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Economic PolicyPoliticsProgressivismU.S. EconomyInterventionism
The Biden administration has decided that the REAL problem with housing is that the wrong people are saving money and making timely mortgage payments. They must be punished.
LawProperty RightsU.S. History
Like so many other Indian tribes, the Cherokees found out the US government has a penchant for not abiding by its own treaties.
U.S. HistoryWar and Foreign Policy
One of the great fictions of US history is that the USA's foreign policy was based on noninterventionism until the nation was forced to enter World War II.
Taxes and SpendingU.S. Economy
Economically speaking, the US government is bankrupt even if the government won’t admit what is obvious. But how would an actual bankruptcy proceeding go?
Economic PolicyCapital and Interest Theory
Progressive governments in the name of equity are calling for taxation of capital gains. They really are demanding destruction of capital through capital consumption.
Money and Banks
April was yet another month of declining real wages, and was the twenty-fifth month in a row during which growth in average hourly earnings failed to keep up with price inflation.
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
Financial MarketsMoney and BanksU.S. EconomyInterventionism
Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of that intervention the past decade was not wise.