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It was a concept borrowed from the Iroquois, and one that America never quite mastered.
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President-elect Joe Biden has tapped at least a dozen staffers at major tech companies to help with his transition into the White House.
The techies — many of whom previously worked in the Obama
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Celebrate Science Day 2020 by proving the Earth is not flat.
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Massive federal spending meant to blunt the coronavirus’s economic impact could have long-term costs, experts say — meaning those stimulus checks might not be free money after all. Congress’s unprecedented stimulus measures coupled with the Federal Reserve’s aggressive efforts to shore up the economy could drive up inflation in the coming years, leaving Americans with …
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When it comes to diagnosing the causes of the Great Depression and prescribing cures for our present recession, the pundits and economists from the biggest schools typically argue about two different types of intervention. Big-government Keynesians, such as Paul Krugman, argue for massive fiscal stimulus—that is, huge budget deficits—to fill the gap in aggregate demand. …
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Americans likely won’t have to pay for a coronavirus vaccine once researchers have one ready, according to reports. The US government plans to pick up the tab for the hundreds of millions of vaccine doses that pharmaceutical firms are racing to produce, the Wall Street Journal reported. The feds are also reportedly talking with insurance …
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Kodak’s stock price plummeted early Monday after the Trump administration slammed the brakes on a loan deal to help the company launch a pharmaceuticals business. Shares in the former photography giant tumbled 38.2 percent to $9.20 by 7:50 a.m. after the US International Development Finance Corporation put the $765 million loan on ice amid probes …
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The coronavirus has been horrible news, most obviously because of death and suffering. But the disease has also wreaked havoc with the economy and given politicians an excuse to push counterproductive policies. But if you want to find a silver lining to that dark cloud, the virus may be putting pressure on America’s government school …
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When asked in the abstract, voters generally tell pollsters they want the government to do more to solve the problems in their lives. Yet new data show that the COVID-19 crisis and the subsequent botched response at all levels of government may be starting to relieve people of their naive belief that more government “help” …
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Monopolies are bad. Regardless of your political views, that statement probably elicited nothing stronger than a yawn. Why? Because even some of the most ardent free market crusaders recognize the dangers of monopolistic power. Competition is the great driving force behind our economy, producing innovation, rewarding efficiency and good management, and reducing prices. Monopolies produce …