Early this month, Congressman Alex Mooney of West Virginia introduced the Gold Standard Restoration Act (H.R. 9157). If enacted into law, it would require public disclosure of the federal... Read More
Economists predict the future course of economic events to show we have a sense of humor. If we could do so accurately, we’d all be very rich, and we’re... Read More
“Economics is based on the concept of human action as purposeful behavior.” These are the words of economist Per Bylund, whose new book How to Think about the Economy: A... Read More
Inflation still isn’t letting up, and it’s a top concern for Americans right now. But we just learned of yet another way surging prices are hurting families—leading them into... Read More
“Fight for Fifteen” is old news, it would seem. In California, they may soon have a $22/hour minimum wage—at least for fast food employees. The “FAST Act” is headed to... Read More
Think your rent is too damn high? Well, taking a look at the latest figures out of Manhattan might make you feel better by comparison. In July, the average rent... Read More
My wife and I recently were out for our morning walk and she commented on how weird inflation is. Some prices are sky high, she observed, while others have... Read More
At the 2021 United Nations Climate Change Conference, Sri Lankan President Gotabaya Rajapaksa gave a speech bragging about his country's move toward sustainable agriculture. Less than a year later, thousands... Read More
You may already know me. I am a simple yellow wood pencil. I have already recounted to you the wonder and amazement of my genealogy. From the mines of... Read More
Stakeholder capitalism has taken the global economy by storm in recent years. Its champions proclaim that it will save—and remake—the world. Will it live up to its hype or... Read More
Student loan forgiveness is already here. And it’s already helping the rich at the expense of the poor. QuinceMedia / Pixabay Q1 2022 hedge fund letters, conferences and more In March of... Read More
Where I grew up in northern Minnesota, it’s easy to see the impact that economic hard times leave on disadvantaged communities. With consumers now experiencing record-high gas prices, it... Read More
With price inflation continuing to surge unchecked, America’s central bank, the Federal Reserve, is trying to raise interest rates in hopes of stopping the bleeding. Fed Chair Jerome Powell... Read More
A group of friends had just finished a meal at Romano’s Macaroni Grill in Honolulu when one of them noticed something odd about the check. As a local television... Read More
A worse-than-expected inflation report released Friday spooked the Federal Reserve into contemplating steeper-than-expected interest rate hikes on Monday. That in turn spooked traders into a stock sell-off, driving the S&P... Read More
According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job... Read More
Architect of a school of economic thought regarded by many as just a notch above quackery, John Maynard Keynes of Britain once called the gold standard a “barbarous relic.”... Read More
A Chevron gas station in Los Angeles was spotted charging over $8.00/gal for gasoline on Tuesday, a stark reminder of just how much fuel prices have risen across the... Read More
Taking a page from his rival and fellow space tycoon Elon Musk, Jeff Bezos has been tweeting surprisingly acerbic criticisms of the progressive powers-that-be, precipitating a debate with the... Read More
Americans are already struggling under the weight of crippling inflation, from skyrocketing gas prices to exorbitant grocery bills. And even if few Americans thought the Biden Administration had a... Read More
Sometimes I’m asked to recommend economics books for people. This is hardly a chore, because recommending books is one of my favorite things to do. Mike Rowe will tell you... Read More
Sometimes I have to remind myself how good we Americans have it because—let’s face it—there is a lot of bad news out there, particularly on the economics front. Inflation, which... Read More
