Money & The Economy
News on Finance, Money, markets and the economy
Janet Yellen’s Global Minimum Corporate Tax Has One Huge Flaw
The Biden administration secured progress toward a major political victory this weekend, with the “G-7” group of seven wealthy countries…
Read More »Yellen Admits Inflation Is About To Surge But Says It Will Be ‘Plus For Society’s Point Of View’
Increased inflation could ultimately be a net positive for the U.S. economy and large government spending won’t overheat the economy,…
Read More »Meet the Man Man Who Made Milton Friedman a Star
Television producer Bob Chitester passed away on May 8 after a seven-year battle with cancer. He was 83. The Wall Street…
Read More »5 Historic Examples of Foreign Aid Efforts Gone Wrong
In his 1850 essay, “That Which is Seen, and That Which is Not Seen,” Frédéric Bastiat explains that “in the…
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We Just Got Proof Global Inflation is Surging
Proponents of the federal government’s runaway spending and money-printing argue that the US data showing surging inflation are “transitory” outliers…
Read More » Biden: The ‘Capitalist’ Who Isn’t
During a recent speech in Ohio, President Joe Biden told listeners, “I’m a capitalist.” Is he though? This article was…
Read More »Oops: Study Finds Biden’s $2+ Trillion ‘Jobs Plan’ Would Actually Reduce Overall Employment
President Biden has touted his proposed $2+ trillion in “infrastructure” spending, which also includes all sorts of unrelated partisan waste,…
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Elitist Politicians Do Not care About Consumer Price Inflation
With now rampant consumer price inflation, a direct result of the coronavirus induced stimulus and bail-outs, and Federal Reserve wanton…
Read More » MIT Data Scientist: Lockdowns Not Correlated With Fewer Deaths (But Are Correlated With More Unemployment) |
Dozens of studies show that lockdowns were an ineffective pandemic response. The list just got longer. In May, Youyang Gu,…
Read More »Uber, Lyft Prices and Wait Times Are Surging—Here’s Why
Millions of Americans, myself included, have come to rely on ride-sharing services like Uber and Lyft for convenient and affordable…
Read More »A Union Boss Who Fought To Keep Schools Closed For Over a Year Is Now Changing Her Tune. Here’s Why.
Randi Weingarten is the president of the country’s second-largest teachers union, the American Federation of Teachers. And, over the past…
Read More »The US Senate Is Trying to Give Jeff Bezos $10 Billion of Your Tax Dollars
Elon Musk and Jeff Bezos are two of the richest men in the world, and while both are clearly brilliant…
Read More »The Labor Market Shortage is Exposing Two Big Ways the Government Hurts Teenagers
My 14-year-old daughter walked over to a nearby floral shop earlier this week to see if she could work there…
Read More »Jobless Claims Drop Below 400,000, Hit Another Pandemic Low
The number of Americans filing new unemployment claims dropped to 385,000 last week as the economy continues to recover from…
Read More »Biden’s ‘Stimulus’ Bill Favored Blue States in One Huge Way, New Study Finds
President Biden’s multi-trillion-dollar “American Rescue Plan” was supposed to be a COVID-19 relief bill. But in reality, 90 percent of…
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