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Politics
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
Politics
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and...
Politics
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
Politics
A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act...
Politics
A new study at UC Berkeley claims that California‘s new $20 minimum wage has had no adverse economic effects. If only that were true.
Politics
A new study from the Institute for Research on Labor and Employment at UC Berkeley claims that California‘s new $20 fast food minimum wage...
Politics
After spending 25 years as a columnist for the New York Times, Paul Krugman is finally retiring from that position—25 years too late, if...
Politics
Government spending does not reflect true economic value the way personal spending does.
Politics
David Glasner shares his perspectives on the famous Sraffa-Hayek debate, a topic on which he has expressed disagreement with Bob in print.
Politics
After spending 25 years as a columnist for the New York Times, Paul Krugman is finally retiring from that position—25 years too late, if...
Politics
The US went to war 83 years ago today with Japan‘s attack on Pearl Harbor. It ended with Japan‘s surrender after US bombers dropped...
Politics
In the post-Civil War South during Reconstruction, federal troops attempted to impose their will in part by pitting recently-freed slaves against southern whites. The...
Politics
According to the BLS’s household survey, employed workers are down by 725,000 while full-time work is down for ten months in a row. Naturally,...
