According to a new report released Wednesday by the US Bureau of Labor Statistics, the Consumer Price Index increased in March by 8.6 percent, measured year over year (YOY). This is the largest increase in more than forty years. To find a higher rate of CPI inflation,...
Economics

Abolish Society Security
by Starte Butone | Apr 12, 2022 | Economics, Featured Articles
Social Security is the compulsory government retirement program Americans are required to pay into for as long as they are employed. All revenue which is used to pay for Social Security is acquired through payroll taxes. More specifically, it is acquired through...

Backdraft: How U.S. Sanctions on Russia May Burn the Dollar
by Stark Realities with Brian McGlinchey | Apr 11, 2022 | Economics, Featured Articles, Foreign Policy
There’s much to despise about economic sanctions. Aside from the fundamental immorality of making innocent individuals suffer for the sins of governments, sanctions almost universally fail to achieve the goals of those who inflict them. Nonetheless, sanctions have...

TGIF: In Defense of Ideology
by Sheldon Richman | Apr 8, 2022 | Economics, Featured Articles, Justice, Libertarianism, Politics, TGIF
The seemingly unprecedented mean-spiritedness of politics these days drives some people to think that ideology is the problem. To distinguish themselves from those whom they blame for the toxic atmosphere, some pundits declare themselves "above ideology," even...
Joe Biden Is Killing America’s Energy Sector
by William Anderson | Apr 6, 2022 | Economics, Featured Articles
One of the saddest quotes from the Vietnam War came from journalist Peter Arnett, who wrote in a dispatch in 1968 about an American attack on a Vietcong-held village: “It became necessary to destroy the town to save it.” As often happens with such quotes, they take on...
Biden Admits His Own Sanctions on Russia Won’t Work
by Ryan McMaken | Mar 28, 2022 | Economics, Featured Articles, Foreign Policy
President Biden on Thursday made two big admissions about the US-led economic sanctions on Russia. The first is that the sanctions will lead to food shortages for many countries other than Russia, and that this is simply the price that Americans ought to be forced to...
Capitalism Puts the Poor First
by Thomas Eddlem | Mar 22, 2022 | Economics, Featured Articles
The socialist left says the evidence capitalism oppresses the poor is that free markets relocate factories to the poorest nations in order to pay the lowest wages. And when wage rates rise in poor nations like South Korea and Japan, they move their factories over to...
Et Tu, Heritage?
by Norman Singleton | Mar 21, 2022 | Economics, Featured Articles
Heritage Foundation’s Research Technology Fellow Kara Fredrick’s recent paper, “Combating Big Tech Totalitarianism A Road Map,” is an about face from where the think tank stood just two years ago—and a major departure from where the Hertiage Foundation has stood for...