Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to...
World News
The U.S. gov has approved $17.9 bln for Israeli military operations in Gaza and elsewhere since Oct...
ECB cuts rates on weak growth, markets bet on more easing: The Fed is addicted to easy...
The last excuse that diehard defenders of President Trump’s tariff policies have advanced now lies in ruins.
We are bombarded with claims that capitalism causes inequality, yet what it really mean? In truth, in...
Zillow, which is famously bullish on housing prices, is now projecting that U.S. home prices will fall...
April 2025 Manufacturing Business Outlook Survey: “The index for new orders also fell sharply, from 8.7 in...
Trump demands more easy money and lower interest rates. Powell isn’t dovish enough for Trump.
