While unemployment currently is low and the rate of inflation has fallen somewhat, Bidenomics is setting off a boom that is unsustainable. We know what happens next. Original Article: "Bidenomics: A Boom That Awaits an Inevitable Bust"
Americans are mad about the economy, and particularly about the Fed's inflation of prices and declining inflation-adjusted wages and incomes. Keynesian economist Paul Krugman, on the other hand, thinks that you are ignorant and that everything in the economy is great. Mark looks at Beef prices
On August 9, the Federal Bureau of Investigation killed Craig Robertson, a seventy-four-year-old Utah man, during a raid on his home. The man had posted numerous online threats, saying he wanted several state officials dead and had the means to make that happen. The authorities
[Philosopher] Eric Mack [in his article "Permissible Defense"] uses a device employed by all too many libertarians—of holding the ideal free-market anarchist system or a limited government as virtually equivalent to the current State-ridden system. Thus, he points out quite correctly that isolationism makes no
The eurozone economic figures show the risk of stagflation, and the short-term impact is clear in Germany and France, but it extends to the rest of the countries. Why has the eurozone lagged the United States and other developed economies in recent years? The enormous stimulus packages, including
Alex Nowrasteh Yesterday, I testified at the “Terrorist Entry Through the Southwest Border” hearing before the House Subcommittee on Immigration Integrity, Security, and Enforcement. You can watch the entire hearing here, my spoken testimony here, and highlights here. My written testimony is here. This was an excellent opportunity
Gabriella Beaumont-Smith On August 31, New Zealand introduced legislation for a digital services tax (DST). Also last month, Canada issued new draft legislation on its proposed DST. Countries levy DSTs differently (see Table 1), but generally they are a tax on gross revenues based on user location. As such,
Lawyers for two of the Proud Boys convicted for their role in the January 6 assault on the Capitol are filing appeals claiming that they are being subject to a "trial tax," being punished for rejecting a plea deal offer. Bob uses the occasion to
Colleen Hroncich When education was disrupted during the pandemic, Dominique Burgess didn’t waste time. An educator with more than a decade of experience, she had started Burbrella Education pre‐COVID‐19 to support parents, teachers, and school leaders with coaching and support. In spring 2020, she started offering remote
Daniel Griswold The Census Bureau reported this week that real median household income in the United States fell in 2022 for the third year in a row. We can debate the underlying causes of the setback, but the report shouldn’t obscure the long‐term gains made by American