Tuesday, December 12, 2017

Economics

GDP, Inflation and Interest Rates Forecast to Rise Under Trump Presidency

Economists cite ‘trade wars’ as biggest risk to economy as uncertainty over outlook remains high The presidency of Donald Trump is poised to usher in a new era for the U.S. economy that forecasters say...

How Welfare States Make Us Less Civilized

Throughout history, the state has justified itself on the grounds that it is necessary to protect us from others whose habits and beliefs — we are meant to believe — are dangerous. For millennia,...

Debt Ceiling Déjà Vu

Two days ago, President Trump sent out a tweet crowing that the national debt went down by $12 billion in the first month of his administration, as compared to the first month of the...

Marxist Vegan Diner Collapses like Soviet Union

Sorry, Vegan Eatery—Good Intentions Don’t Absolve Your Economic Sins Prices and private property rights are fundamentally important. Failure to grasp how these forces work leads to positively detrimental outcomes. A recent example of what happens when one...

IN Police Spent $400K in Forfeiture Funds on Salaries & Benefits

Federal Audit: Indiana Agencies Spent $400,000 in Forfeiture Funds on Salaries, Benefits Indiana law enforcement spent over $400,000 in federal asset forfeiture funds to pay the salaries, overtime and fringe benefits for its officers, according...

Federal Spending Grew More Under Bush and Reagan than Under Obama

Now that 2016 is gone and President Obama is a thing of the past, we can take a look back at just how much government spending grew during his tenure. It seems that in his...

The Fed Can’t Cure the Problems They Cause

The Federal Reserve claims it can continue "tightening" -- even though it is still leaving interest rates at historically low levels -- and begin unwinding its balance sheet, because the economy is "improving" and...

The Story of Gold and Bitcoin: Bulls Make Money and Pigs Get Slaughtered

There is nothing wrong with being a bull in the stock market or a bear for that matter either. Nothing at all in fact. It's about seeing the trend and getting aligned with it. But being a...

Don’t Blame Trump, or Capitalism, for the Next Recession

It took Yahoo! Finance all of a couple hours after the presidential election was called in Donald Trump's favor to run with this incredible headline: "What could prevent Donald Trump's recession?" The man has not even...

Does Ignorance of Economics Breed Poverty?

Lopsided Brains In 2013 Adam Grant published an article titled “Does Studying Economics Breed Greed?” While his evidence is compelling and his solution is excellent, his solution is only half a solution, missing a vital...
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