economics


Why Is A Sensible Immigration Policy Discussion So Hard

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Biden refuses to do anything lest he upset the Progressives who want open borders, guaranteed living wages, clean energy, a right to shelter, a right to free health care, and net zero carbon.


Is Dune A Replica Of Our Real World

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We built a neoliberal global system that repressed volatility as QE Spice flowed. But while Great Houses thrived, and some got very rich selling shadow-bank Spice derivatives, that system only increased our fundamental vulnerabilities to key threats...


Cashless Society: WEF Boasts That 98% Of Central Banks Are Adopting CBDCs

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The control that comes with CBDCs is immense and allows for complete micromanagement of the population...


Biden Calls For Record High 44.6% Capital Gains Tax Rate

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Add the state capital gains tax and the Biden combined federal-state rate would exceed 50% in many states


The Next Global Hegemon Has To Be Even Larger Than The US

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The late stage of a global system has a ‘false dawn’ as the economy shifts from producing things,...to producing financial assets, which make money while destabilising society and the global system itself


First-Time Buyers Must Earn $120,000 To Afford The Average Home

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The median U.S. income-earner ($74,755) with 10% down could only afford a home that costs $207,529 - 38% less than the current median-priced home...


Durable Goods Orders Suffers Biggest YoY Decline Since COVID Lockdowns

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...not helped by the 8th downward revision in the last year...


Sweden Wants EU To Sanction Russia's Shadow Fleet And Ban Its LNG

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“Adopting the 14th sanctions package is one of the most important things...


On Earth Day, Biden Administration Backs Rooftop Solar With $7 Billion Grant

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Joe Biden is announcing on Monday $7 billion in grants to help more than 900,000 low-income households install residential solar power...


How Debt-to-GDP Ratios Have Changed Around The World Since 2000

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Government debt levels have grown in most parts of the world since the 2008 financial crisis, and even more so after the COVID-19 pandemic...


People Who Rent Will Decide the 2024 Presidential Election

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Immigration won’t decide the election. Polls have not yet captured what will. This may come as a surprise, but the top issue housing. More explicitly, it’s shelter costs.


What Are Mises' Six Lessons?

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"If you care about your...country, read Ludwig von Mises and the six lessons of the Austrian economic school...”


Housing Costs Are Crushing The American Middle Class, But How Can We Fix The Problem?

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At bottom things cannot continue the way they have been, otherwise the system can and will break...


IMF Warns Biden's Fiscal Profligacy Poses "Significant Risks" To Global Economy 'In Great Election Year'

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“Something will have to give...”


Beige Book Reveals Economy In Far Worse Shape Than White House Claims

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"consumer spending "barely increased...employment rose at a slight pace overall... firms' ability to pass cost increases on to consumers had weakened considerably"


Are We On Japan's Path Of Stagnation?

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Since we have not traveled as far on the path as Japan, we have time to learn their lessons and fix them. Will this happen?


China's Crude Oil Imports Hit A Record High In 2023

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Russia, thanks to cheaper crude supply, was China’s top source of crude imports last year...


US Industrial Production Is Flat YoY In March

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...thanks to big upward revisions for February


Why Mankind Remains So Lost In Economic-Ignorance & Tribalistic-Warmongering

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Yet the masses and their politicians remain economically ignorant, segregating themselves into us versus them, using the technology to fight deadlier wars, and ignorantly attempting to centrally plan the social-order economy...


Over 1,300 Layoffs Hit Logistics Companies Across US

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Texas, Florida, Illinois, Michigan and Georgia firms say market conditions, loss of customers forced job cuts