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The moral of this economic story is that whenever someone who has an incentive to lowball the burden of a tax is speaking or writing, be careful to look at what happens to take-home income as a better guide to policy.
Nothing short of an economic exorcism is needed in Zimbabwe. Looking at what President Mnangagwa has done so far, it doesn’t seem that Zimbabwe is actually serious about making tough reforms.
Repo markets aren't as liquid as the Fed wants. This could be due to immense amounts of new government debt, or because US Treasurys aren't as risk-free as many assume.
Single-payer systems do indeed restrict access and quality. They just do it by imposing long wait times, cutting off costlier patients, and restricting access to hospital rooms.
So long as governments exist, it is essential that we minimize the ability of groups and individuals to use the power of the state to enrich themselves.
There's no evidence Trump is more trigger-happy than any other president, but the presidency's unchecked nuclear-launch power will remain a problem both now and with future presidents.
Sweden launched its failed negative rate plan almost five years ago and now reverses it due to the financial risks that are created.
During November 2019, year-over-year growth in the money supply was at 6.22 percent. That's up from October's rate of 4.93 percent, and from November 2018's rate of 3.07 percent.
It's possible for investors and entrepreneurs to make a lot of money in markets without understanding the economic theory behind their actions.
