U.S. Economy

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Negative Interest Rates are the Price We Pay for De-Civilization

Financial MarketsU.S. EconomyBusiness CyclesMoney and Banking

Blog09/18/2019

The destruction of capital, economic and otherwise, is contrary to every human impulse.

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Walmart's Healthcare Experiment Has Begun, It May Be A Game Changer

Free MarketsHealthU.S. Economy

Blog09/17/2019

Here we see two rival strategies to marketing healthcare services. The status quo is based on insurance payments and price secrecy. Walmart's strategy is based on price competition. 

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Don't Give Politicians Credit for a Growing Economy

U.S. Economy

Blog09/10/2019

When politicians say "you never had it so good" they're taking credit for something they didn't do. In truth, what economic prosperity we have is due to private savers and entrepreneurs making economic progress possible.

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Inverted Yield Curves, Recessions, and You

Financial MarketsU.S. EconomyBusiness CyclesCapital and Interest Theory

Blog09/05/2019

To understand what an inverted yield curve means, you must first understand what the yield curve is.

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Why is the "Cost of Living" in Cities so High?

Labor and WagesU.S. EconomyPrices

Blog09/04/2019

More than half of the people in the world currently live in urban areas or cities, in spite of it being more expensive to do so. Why?

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The 100-Year Bond is Unethical

Money and BanksU.S. Economy

Blog08/31/2019

100-year bonds push government debt onto future taxpayers who haven't even been born yet. And they also show the government has no intention of actually paying its debts.

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How Slave Owners Pushed Marxist "Wage Slavery" and Exploitation Theories

U.S. EconomyU.S. History

Blog08/30/2019

Defenders of slavery so vehemently opposed free labor, they claimed the "wage slavery" system was even worse than slave labor. The idea being that slavery is morally superior to wage labor.

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If Deficits Are This Huge Now, What Happens When the Recession Hits?

U.S. EconomyU.S. History

Blog08/16/2019

It is troubling that after a decade of an economic expansion, the US government is still spending money as it does during and immediately following a recession. It is as if the economy is now in a state of permanent "stimulus."

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New Study Defending NYC’s Minimum Wage Law is Fake News

Free MarketsLabor and WagesU.S. Economy

Blog08/13/2019

Last week Business Insider referenced a study to defend NYC's minimum wage law. Neither holds up well upon any sort of serious analysis.

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