Young middle class workers are struggling financially, while everyone knows the billionaire class is doing quite well. The reason is because Washington has insidiously and thoroughly rigged the tax and regulatory system against the working poor and middle class,...
Economics
Think America Owes $37 Trillion? It’s Far Worse Than That
by Stark Realities with Brian McGlinchey | Aug 4, 2025 | Economics, Featured Articles
When asked how far the U.S. government has plunged into the red, many fiscally-conscious Americans will tell you the national debt has reached $37 trillion. As distressing as that official number is, America’s true fiscal situation is even worse—far worse. According...
TGIF: By Right or Permission?
by Sheldon Richman | Aug 1, 2025 | Economics, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
"Trump administration approves sale of CBS parent company Paramount after concessions" —NPR If the deal struck by Paramount and President Donald Trump sickens you, your intuitions and perhaps your principles are in good working order. Make no mistake about what's at...

400 Ph.D. Economists vs. One Shiny Rock
by Jp Cortez | Jul 30, 2025 | Economics, Featured Articles
On July 21, Treasury Secretary Scott Bessent called for a full review of the Federal Reserve system. He said on CNBC’s Squawk Box, “I think what we need to do is examine the entire Federal Reserve institution and whether they have been successful.” It’s a completely...

Industrial Capitalism and Its Critics
by Joseph Solis-Mullen | Jul 28, 2025 | Economics, Featured Articles, History
The nineteenth century marked the most dramatic leap forward in human welfare ever witnessed. It was a century defined not by aristocrats or emperors, but by coal, cotton, contracts, and capitalists. In his lectures “War, Peace, and the Industrial Revolution” and “The...

TGIF: What Is Capitalism?
by Sheldon Richman | Jul 25, 2025 | Economics, History, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
So, what is capitalism? The answer will depend on who's being asked. Language, like markets, basic law, and customs, is a spontaneous order. No one plans it. Words drift in their meaning in ways that probably can’t be fully explained. Language is a tool that people...
Domestic Militarization is Trump’s Economic Plan
by Matt Wolfson | Jul 24, 2025 | Criminal Justice, Economics, Featured Articles, Foreign Policy
If spending on war is the politically easiest way to juice an economy, then the smoothest applications for this spending are wars at home, the easiest to begin and to control. This is why, at an accelerating rate since the 1990s, America’s government has waged wars...
TGIF: Immigration and Free Association
by Sheldon Richman | Jul 18, 2025 | Economics, Featured Articles, Justice, Libertarianism, Sheldon Richman, TGIF
Immigration. Despite other headline-grabbing news, this issue persists. How could it not? Trump's masked goon squad, ICE (Immigration and Customs Enforcement), abducts peaceful people off the streets, from their workplaces, and from Home Depot parking lots, then...