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Low Interest Rates, Economic Growth Likely to Continue
Government monetary policy has a powerful effect on the economy, but there is a time lag between changes in the money supply and their...
All Workers Should Get the Same Tax Break on Health Care Costs – Interview
An HFA makes the tax savings, on a comparable amount of earned income, available to all workers to apply toward their health care needs. Equality of opportunity.
Socialism and Economic Education
Opinion polls consistently find that young Americans view socialism favorably. For example, in a recent Gallup poll, 49 percent of millennials and Gen Z’ers...
Government Debt Is Just As Bad As High Taxes
Taxes Plus Borrowing Equals the Total Cost of Government
Besides the misdirection of reemployed workers and industries from government deficit spending that sets the stage...
Fast-Growing National Debt Threatens to Unleash Economic Disaster
The Congressional Budget Office has recently issued a federal “Budget Outlook Update” for the next ten years in the context of the government’s fiscal condition in...
U.S. Consumer Prices Continue Rebound
This week’s inflation numbers provided the only economic news. Consumer prices in August continued to rebound, rising at a 4 percent rate for the...
The Racism of Climate Change Alarmists
Climate alarmists are hypocritically proclaiming climate change is racist. Under this theory, the sun, our galaxy, and their creator are racist, since they have driven climate change throughout history.
NYT Columnist’s Tirade Shows Weakness of Case for Central Banking
Paul Krugman may hide behind rude and crude ad hominem attacks on those who do not share his views, but that does not prove his case. It only serves to harm his own reputation and legitimacy in the arena of public policy debate.
U.S. Economy Suffers Biggest Quarterly Decline Ever, Under Coronavirus Lockdowns
U.S. economic output declined by an annual rate of 32.9 percent in the second quarter of the year, according to the U.S. Department of...
Coin Shortage: a Big Deal About Small Change
Retailers are asking customers to use credit or debit cards, and some are refusing to make change in coins. They say it’s because of...