economic

Are economists capable of foresight? Hardly.

Prices went up by 0.4% in September, which was faster than economists thought and shows that higher interest rates aren't doing the trick.

The Bureau of Labor Statistics of the U.S. government released new data on price inflation today, and it wasn't good. Before taking into account seasonal changes, the Consumer Price Index (CPI) showed that inflation rose 8.3% year over year in August, according to the BLS. That's the seventeenth month in a row that inflation has been higher than the Fed's arbitrary target of 2%. It's also the sixth month in a row that prices have gone up by more than 8%.

In a note to clients on Tuesday, a well-known economist warned that demand from cash-strapped buyers is causing US home prices to be on the verge of a big drop.

The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.

CNN, a far-left propaganda outlet that spreads conspiracy theories and calls for political violence, is preparing to say that any announcement of a recession is... racist.

Raise your hand if you're surprised that the trillions of dollars spent on COVID-19 relief led to billions of dollars in government waste, fraud, and abuse. I'm not, but you might think that this kind of carelessness with taxpayer money has never happened before based on recent news stories. Sad to say, this kind of waste and fraud are common in most government programs.

There are fears that raising the minimum wage will have unintended repercussions, such as job losses.

President Biden should move security duties from the US to its defense welfare beneficiaries, rather than putting Americans' lives at danger for longer periods of time and increasing America's debt.

According to economist Stephen Miran, recessions are a 'unavoidable feature of economic life,' and they don't all look like the Great Financial Crisis. Some have a more 'garden-variety' feel about them.