Politics
Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to one, leading to a permanent expansion of...
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Politics
ECB cuts rates on weak growth, markets bet on more easing: The Fed is addicted to easy money, but the European central bank is...
Politics
The U.S. gov has approved $17.9 bln for Israeli military operations in Gaza and elsewhere since Oct 7, substantially more than in any other...
Politics
We are bombarded with claims that capitalism causes inequality, yet what it really mean? In truth, in a free market economy, differences in income,...
Politics
The last excuse that diehard defenders of President Trump’s tariff policies have advanced now lies in ruins.
Politics
Zillow, which is famously bullish on housing prices, is now projecting that U.S. home prices will fall 1.7% between March 2025 and March 2026.
Politics
Trump demands more easy money and lower interest rates. Powell isn’t dovish enough for Trump.
Politics
April 2025 Manufacturing Business Outlook Survey: “The index for new orders also fell sharply, from 8.7 in March to -34.2 this month, its lowest...
Politics
It’s going to take a lot more than some trimming around the edges to change the federal government’s current trajectory into continued $2-trillion-plus annual...
