The US will add another $2 trillion to the total debt this year, and the US is now spending a trillion of your dollars on interest per year. There is no end in sight.
The US will add another $2 trillion to the total debt this year, and the US is now spending a trillion of your dollars on interest per year. There is no end in sight.
The Nigerian government has passed a new minimum wage law, and The Usual Suspects are happy because the country "is getting a raise." Economic reality, however, will set in soon enough as people find that government edicts do not create wealth.
Although John Kenneth Galbraith promoted socialism and Keynesianism, at least he was an entertaining writer. His book, The Great Crash, 1929, provides a readable history of the stock market crash that helped bring on the Great Depression.
Ryan takes a look at Ludwig von Mises's definition of "democracy" and how democracy only works when mixed with an unlimited right to secession.
We already knew recent jobs reports—as far as the establishment survey is concerned, was based largely on made up numbers.
Trump has taken to calling Kamala Harris a "communist." But a real communist president would be hemmed in by the political class, who wants to keep the profits they’re extracting from us, and limited by a commitment to principles. Harris will not have that problem.
Deirdre N. McCloskey