America’s Prolonged Economic StagflationÂ
SHARE | PRINT | EMAIL
The US economy is freighted down with debt and it is also short of labor, riddled with non-productive speculation and financial engineering and starved for productive... Read more.
The Battle Against Inflation Is Nowhere Near Won
SHARE | PRINT | EMAIL
In a word, American fiscal governance is broken and broken badly. Owing to the Fed’s massive monetization of the public debt over last several years Washington... Read more.
The Buck Stops Where?
SHARE | PRINT | EMAIL
The most outrageous breakout of statist excess in US history happened on Donald Trump’s watch with his full complicity. In turn, these Covid-lockdown assaults... Read more.
The Administrative State Strikes Again: Monetary Edition
SHARE | PRINT | EMAIL
They have done it again, and in a way that makes a flaming mockery of both honest market economics and the so-called rule of law. In effect, the triumvirate of fools... Read more.
Twitter Became the Ministry of Truth
SHARE | PRINT | EMAIL
The Twitter story is not a one-off case, nor is it evidence that Wall Street and the homegamers alike are comprised of greedy fools who will fall for anything. To... Read more.
Let the Real Investigations Begin
SHARE | PRINT | EMAIL
Indeed, it would not be going too far to say that the eruption of irrationality and hysteria in America during 2020-2021 most resembled not 1954, when Senator McCarthy... Read more.
The Post-Lockdown Labor Market: Weak and Worsening
SHARE | PRINT | EMAIL
What is happening is people are taking multiple jobs in order to stay abreast of the soaring cost-of-living, and also because work-from-home has made it very easy... Read more.
Bravo, Elon!
SHARE | PRINT | EMAIL
Twitter’s phony “content moderation” operation was not unique, but symptomatic of a much broader perversion of corporate management throughout Silicon Valley... Read more.
The Macroeconomic Consequences of Lockdowns and the Aftermath
SHARE | PRINT | EMAIL
Washington compensated one and all for the resulting harm and then some by unleashing a $6 trillion spending bacchanalia in less than 14 months, which was accomplished... Read more.
Inflation and Recession are Becoming Entrenched
SHARE | PRINT | EMAIL
A bad stagflation is here. Since the Fed will be locked in a battle to tame the price side of the equation even as real output falters for months and years to come,... Read more.
Inflation: Where Are We Now?
SHARE | PRINT | EMAIL
The fact is, Tuesday’s CPI report destroyed the idea that the Fed will pause soon. In fact, excluding volatile food and energy prices, the so-called core CPI rose... Read more.
Covid Invoked for More Redistribution from Workers to Doctors and Lawyers
SHARE | PRINT | EMAIL
Approximately 43 million student loan borrowers in the United States owe a collective nearly $1.75 trillion in federal and private student loan debt as of August... Read more.