For parents who rely on baby formula—whether by choice or due to medical necessity—the nationwide baby formula shortage has become increasingly difficult to ignore. According to the Wall Street Journal, Walgreens, Target, CVS, and Kroger have all begun rationing...
Economics
Joe Biden Blames Everyone for Inflation (Except Himself)
by Ryan McMaken | May 11, 2022 | Economics, Featured Articles, Politics
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room,...
Europe Is Trapping Itself Through Monetary Manipulation
by Tom Luongo | May 9, 2022 | Economics, Featured Articles, Foreign Policy
There’s a lot of news flying around about the changes happening in global currency trading. From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot of questions and very few answers as to what it all means and whose on which side of the...
When the Bubble Pops, Will You Be Ready?
by David Brady | Apr 25, 2022 | Economics, Featured Articles
The Government’s COVID-19 response was met with the obvious effects like the lockdowns that decimated the lives of millions to little to no effect on mitigating the spread, mask mandates, or even vaccination mandates. But underlying all of the obvious issues was that...
Real Wages Continue to Fall as the Fed Scrambles
by Ryan McMaken | Apr 14, 2022 | Economics, Featured Articles
According to a new report released Wednesday by the US Bureau of Labor Statistics, the Consumer Price Index increased in March by 8.6 percent, measured year over year (YOY). This is the largest increase in more than forty years. To find a higher rate of CPI inflation,...
Abolish Society Security
by Starte Butone | Apr 12, 2022 | Economics, Featured Articles
Social Security is the compulsory government retirement program Americans are required to pay into for as long as they are employed. All revenue which is used to pay for Social Security is acquired through payroll taxes. More specifically, it is acquired through...
Backdraft: How U.S. Sanctions on Russia May Burn the Dollar
by Stark Realities with Brian McGlinchey | Apr 11, 2022 | Economics, Featured Articles, Foreign Policy
There’s much to despise about economic sanctions. Aside from the fundamental immorality of making innocent individuals suffer for the sins of governments, sanctions almost universally fail to achieve the goals of those who inflict them. Nonetheless, sanctions have...
TGIF: In Defense of Ideology
by Sheldon Richman | Apr 8, 2022 | Economics, Featured Articles, Justice, Libertarianism, Politics, TGIF
The seemingly unprecedented mean-spiritedness of politics these days drives some people to think that ideology is the problem. To distinguish themselves from those whom they blame for the toxic atmosphere, some pundits declare themselves "above ideology," even...