It is now well-known that South Africa’s parliament intends to amend the Constitution to allow the government to expropriate (forcibly seize) private property without being required to pay compensation. [...]
During his final days in office, I gave a thumbs-down assessment of Barack Obama’s presidency. Simply stated, he increased the burden of government during his tenure, and that led to anemic economic [...]
Last week, a team of researchers under the auspices of the Nuffield Department of Population Health (NDPH) at Oxford University published an article in the online journal Public Library of Science ONE. The article [...]
For the US government’s 2018 fiscal year, the US Postal Service reports that it successfully boosted its annual revenue by $1 billion over the previous year to $70.7 billion, marking a [...]
The stock market dip in October saw an onset of hysteria regarding the state of the global economy, with many analysts asserting that another sweeping worldwide downturn is imminent. [...]
It appears that 2018 will be the first year since 2005 that annual economic growth will be at least 3 percent. Considering this 13-year period of economic stagnation, 3 [...]
When teaching principles of economics to university freshmen and sophomores, I always give what I call my “Prozac lecture.” I warn them it is coming so they can bring [...]
After the 2008 crisis, there was a decline in dollar preponderance in the international economy compared to China’s rise, as the latter gradually attempted to reduce dependence on the [...]
I periodically explain that labor and capital are the two factors of production and that our prosperity depends on how efficiently they are allocated. Q3 hedge fund letters, conference, scoops etc But I [...]
After much anticipation, Amazon announced yesterday that it will open its new headquarters, HQ2, in two locations: Queens, New York, and Crystal City, Virginia. It will also open a third “Operations [...]
Apple is reportedly entering the streaming market, becoming yet another competitor to heavyweights like Netflix and Amazon Prime. But if the reports are accurate, the tech firm is not [...]
The Bible’s account of Joseph in Genesis (Chapters 37, 39-49) presents a story rich in lessons. One is an economics lesson. To wit: Speculation in markets can play a [...]
There has been a lot of speculation over which entity the European regulators would hit first with a General Data Protection Regulation (GDPR) enforcement action. Many assumed it would be [...]
Charter Spectrum, one of the country’s largest cable TV service providers, shed 800,000 television subscribers in the last three years. Despite this loss, the firm increased revenues by 6 [...]
Venezuela, which has the largest oil reserves in the world, faces a shortage of gasoline of 80 percent, a situation that has kept all regions of the country on [...]
Let me tell you a Halloween horror story. [...]
Over the last several years, Facebook has gone from facilitating the free flow of information to inhibiting it through incremental censorship and account purges. What began with the ban [...]
If you type “housing crisis” into Google, “2008” is no longer the first result. The subprime mortgage crisis that toppled the global economy just a decade ago has been [...]
In the latest Global Competitiveness Report, the World Economic Forum’s review of indicators responsible for the productivity and long-term growth of selected countries, African countries ranked the worst. Q3 hedge [...]
Interest on the national debt is quickly becoming one of the largest expenses in the national budget. Based on projections from the Office of Management and Budget (OMB), it [...]
It may come as a surprise to you that the United States has been financing a welfare program that takes money from the poor and gives it to the [...]
Be it credit card fees or extra fees on airlines, politicians are trying to crack down on extra charges in the name of protecting the consumer. In reality, they [...]
