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  • Five Market-Oriented Policies to Aid the Semiconductor Industry in the United States

    Five Market-Oriented Policies to Aid the Semiconductor Industry in the United States

    May 13, 2022 | 09:17am

    Congress is still debating a $50 billion subsidy package for semiconductor production in the United States. Instead, here are five pro-market policies that would provide the intended results...
  • Do you want to lower inflation? Lift the tariffs on China first

    Do you want to lower inflation? Lift the tariffs on China first

    May 12, 2022 | 03:35pm

    The tariffs are causing far more damage than good.
  • How the Government Created a Black Market for 'Unapproved' European Imports and a Baby Formula Shortage

    How the Government Created a Black Market for 'Unapproved' European Imports and a Baby Formula Shortage

    May 12, 2022 | 03:29pm

    'Baby formula is one of the most closely controlled food products in the United States,' according to Christina Szalinski of the New York Times.
  • As Biden passes the buck to the do-nothing Fed, inflation rises and wages fall

    As Biden passes the buck to the do-nothing Fed, inflation rises and wages fall

    May 12, 2022 | 03:15pm

    This is the thirteenth month in a row that earnings have slipped behind price inflation, with inflation remaining above 40-year highs. That is, for more than a year, ordinary people have been getting poorer.
  • The price of gasoline in the United States is not 'independent'; rather, it is dependent on global oil markets

    The price of gasoline in the United States is not 'independent'; rather, it is dependent on global oil markets

    May 12, 2022 | 03:01pm

    The price of gasoline in the United States is influenced by worldwide oil markets, which are influenced by global supply and demand.
  • A terrible crypto trader was sentenced to 42 months in prison for fraud, pretending to be a complete gun

    A terrible crypto trader was sentenced to 42 months in prison for fraud, pretending to be a complete gun

    May 12, 2022 | 09:11am

    Jeremy Spence, nicknamed 'Coin Signals,' defrauded 170 investors out of $5 million by using their cryptocurrency to fuel a Ponzi scheme.
  • What Is Money? Why Is It?

    What Is Money? Why Is It?

    May 10, 2022 | 04:24pm

    Most people, particularly economists, are unaware of not just what money is, but also how and why it came to be a part of our economy in the first place.
  • Biden in Wonderland: Increasing the minimum wage to $15 will not raise the cost of doing business

    Biden in Wonderland: Increasing the minimum wage to $15 will not raise the cost of doing business

    May 10, 2022 | 04:18pm

    During a recent speech, Vice President Joe Biden blamed inflation on firms raising prices and urged them that they needed to decrease their business costs while increasing wages. The math is up to you.
  • China's Ukraine Puzzle

    China's Ukraine Puzzle

    May 10, 2022 | 10:45am

    Why Does the War Require a Balanced Approach?
  • We're facing a financial death spiral

    We're facing a financial death spiral

    May 10, 2022 | 09:06am

    The recent depreciation of the pound is the latest in a long line of traumatic incidents for successive UK governments. British politicians were repeatedly confronted with the terrible threat of currency depreciation during the postwar era of 'fixed but changeable' exchange rates.
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