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President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and...
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
Democracy is the watchword with the ruling classes, yet a democratic political system does not protect individual freedoms. Indeed, democracy often has become the...
If you thought federal deficits and spending would go back to normal after the covid panic, you were wrong. If anything, deficits are now...
President-elect Trump has promised changes in economic policies. How well they work and how they will affect us remains to be seen. Here is...
Modern academics are relentless in trying to find any nuances they can from the works of Karl Marx, but they miss the larger issues...
With the two-month total at over $620 billion, the year-end total is likely to be over $3.5 trillion by the end of the year....
Bob explains that the beloved Wizard of Oz movie involved an allegory of the bimetallism debates of the late 1800s.
A modern misconception of antebellum slavery is that it “built the country.” Actually, the institution of slavery, economically speaking, was a deadweight loss to...
Ready and generous deficit financing is key to state power. This was most recently evident in the gigantic deficits of the covid financial and...