Economy

On Sunday the 21st, Greece goes to the polls.

Politicians calculate that voters are less likely to notice higher prices than taxes. And if they notice, they may forget the policy hiking prices.

Unlike his recent predecessors, Biden is taking a “my way or the highway” approach when it comes to hiking the debt ceiling and negotiating with Congress.

Contrary to widespread claims that the U.S. government will default on its debt if Congress doesn’t raise the debt limit, federal law and the Constitution require the Treasury to pay the debt, and it has ample tax revenues to do this.

Diversity, Equity, and Inclusion (DEI) initiatives in business and higher education have become controversial. What is problematic about being welcoming and inclusive? DEI programs have evolved from critical theory, the application of Marxist analysis to gender and race instead of economic class.

There has been of late a trickle of “news” stories – which has Big Media FINALLY reporting something is rotten in the state of Big Banks and their loan practices. Contained within Big Media’s tardy “reporting” – are examples of just how much they have been missing the boats for more than a year. Big […]

Silicon Valley Bank (SVB)’s demise was death by misadventure - an accidental suicide. Too many Leftist cotillions - not enough risk management.

In the latest of its cost-cutting moves, Amazon has announced the closing of its global on-line bookstore, the Book Depository. effective April 26th. The announcement continues a trend of cost-cutting in the tech sector.

Will Red and Blue states soon have their own banks, hotels, and other businesses?

Social Security has been long viewed as untouchable in American politics.  An aging population seemingly only further entrenches this.  Yet cuts may be coming if Democrats and Republicans do not act today.

“President Biden is putting politics and his radical ideology above the interests of working Americans and their families.”

Some people have commented that it’s not true that wokeness brought down Silicon Valley Bank. But I think that by and large it's mostly true and I'll try to explain here.

The national debt has risen at a blistering pace over recent decades and is now higher than any era of the nation’s history—even when adjusted for inflation, population growth, and economic growth (GDP).

The solution to high rents is letting supply increase to meet demand.

Every organization will make mistakes. Economic freedom necessarily entails the freedom for businesses to mess up.

I will assume that FTX was basically a scam, based on a statement by the court appointed supervisor, John Ray, who has supervised numerous bankruptcies including Enron: “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy information."

A digital dollar’s threats to privacy and freedom are real.

The death of liberalism has been hailed or feared for well over a century now.

How free is America, really, today? What is the direction toward which we seem to be continuing to head?

COVID responses had enormous societal consequences beyond the virus’ illnesses and deaths.

“The most terrifying words in the English language are: I'm from the government and I'm here to help.”

If ESG is a fad driven by America’s out-of-touch radical elites, markets will remedy the excess if ESG is not imposed via regulatory dictate.

The “power” large businesses seemingly possess over us is limited and not based on force. Yet as the casting couch reminds us, economic power is not entirely benign. Today’s social media giants raise some of the vulnerabilities of economic power, meriti

The labor market’s performance refutes a central element of Modern Monetary Theory’s license for government spending.