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Central BanksInflationMonetary Policy
Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases.
Money and Banks
A new Fed survey shows that banks are cutting back on lending big time. Over the past thirty-five years, this almost always predicts recession. Our economy can't survive without endless new infusions of easy money.
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.
Bureaucracy and RegulationEconomic FreedomLegal System
When the Boeing 737 MAX had two crashes, the usual suspects called for more regulation. It turns out that the crashes were due more to regulatory failure than anything else.
Big GovernmentBureaucracy and RegulationPoliticsTaxes and Spending
President Biden pushes a wealth tax as a measure of "fairness." Not only is it unconstitutional, but it's also bad for the economy.
Politicians tout "bipartisanship"—that often just means one's pocket will be picked even more cleanly.
Bureaucracy and RegulationPhilosophy
President Biden's executive order to "strengthen equity" in the federal government is doomed to fail. It will create a lot of havoc in the meantime.
Economic PolicyFree MarketsProtectionism and Free Trade
President Biden's recent call to "buy American" is doomed to failure, just like all other protectionist schemes.