Some big, round-numbered interest rate thresholds have been passed in recent days including 4.0% on the 10-year UST, 5.0% on the 2-year UST and 7.0% on the 30-year mortgage. These all come at the end of extended round trips, of course, so the question at hand is how...
Economics
A Second Trump Presidency Promise No Improvements on Trade
by Trenton Hale | Mar 6, 2023 | Economics, Featured Articles, Politics
Over the past few weeks, former President Donald Trump has been releasing some of his proposals if he were to return to the White House in 2024. While many of his positions pose great danger to personal liberty, such as his plan to “end crime and keep Americans safe,”...
TGIF: Which Way — Capitalism, Socialism, or Something Else?
by Sheldon Richman | Mar 3, 2023 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
Big questions are being thrashed out these days. One of the biggest is this: do we want capitalism or socialism? Unfortunately, the online discussions I've witnessed have been, to put it as politely as I can, terrible. (For an example, see this one between Reason...
The Year of Living Dangerously: Global Economic Prospects at a Turning Point
by Dan Steinbock | Mar 2, 2023 | Economics, Featured Articles
Recently, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), suggested that the year 2023 could "represent a turning point, with inflation declining and growth bottoming out.” She based the prediction on economic assumptions....
Could a National Sales Tax Be a Viable Alternative to the Income Tax?
by Stark Realities with Brian McGlinchey | Mar 2, 2023 | Economics, Featured Articles
Sometime during this 117th U.S. Congress, the long-proposed “Fair Tax” will likely receive its first-ever floor vote in the House. A national sales tax, it would replace not only personal and corporate income taxes, but Social Security, Medicare, estate and gift taxes...
Discovering Cooperation Through the Blockchain
by Zack Sorenson | Feb 27, 2023 | Economics, Featured Articles
In the twentieth and early twenty-first centuries, political hurdles and economic roadblocks have prevented the rise of a properly free and healthy society. Competitive pressures have allowed new inventions to be created and competitive barriers have helped innovative...
How Not to Defend “Capitalism” Against” Socialism”
by Sheldon Richman | Feb 25, 2023 | Blog, Economics, Justice
I challenge you to show me a lamer "debate" over "capitalism" and "socialism." (Don't worry; it's not about Bill Maher.)
TGIF: Immigration Foes, What’s the Beef?
by Sheldon Richman | Feb 24, 2023 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
If people are going to hate on immigrants, they should at least get their stories straight. Do immigrants take our jobs or do they sponge off us through welfare? Today, let's talk about jobs. Recently I was listening to Spiked's Brendan O'Neill interview Batya...