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Politics

If Only FTX Could Use the Fed’s Accounting

What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is...

16 hours ago

Politics

Who Owns the Gold?

With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in...

19 hours ago

Politics

The Flaws of GDP Accounting Explained

Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.

January 11, 2025

Politics

My Cuban Vacation

Americans and Cubans have been deprived of trade and travel. Who benefits?

January 11, 2025

Politics

The Politics of the Fourteenth Amendment

Passed in the immediate aftermath of the American Civil War, the Fourteenth Amendment was intended to further centralize governance away from the old decentralized...

January 11, 2025
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