Money & The Economy
News on Finance, Money, markets and the economy
-
Exposed: Anti-Cryptocurrency Congressman Brad Sherman Gets Biggest Donations From Big Banks
Millions of Americans have bought into forms of digital, decentralized money known as cryptocurrency, valuing its privacy and independence from…
Read More » -
Did Pandemic Policy Make Americans More Aggressive?
The worst part of COVID may be behind us, but that doesn’t mean we’re driving off into the sunset—at least…
Read More » -
Justice Thomas Points Out the Government’s Pot Policies Don’t Even Make Sense Anymore
Supreme Court Justice Clarence Thomas signaled it may be time to end the federal government’s long-standing ban on cannabis. On…
Read More » -
The Top 1% Hold a Record Amount of Wealth in the US. Here’s How Much—and Why
In April 2020, Peter R. Orszag, the CEO of Financial Advisory at Lazard, made a prediction in a Bloomberg article.…
Read More » -
Famous Investor: The Homeschooling Boom Is Just Beginning
Speculation abounds over whether or not the pandemic-induced growth in homeschooling is temporary. While there are several signs indicating that…
Read More » -
Welcome Operation Choke Point
I first wrote about this in 2015-unfortunately, it has pretty much come true. Quietly. Let’s recap: You walk into your…
Read More » -
The Federal printing presses are sending the Economy screaming toward hyperinflation
One of the saddest comments I get is “That was then/them, this can’t happen now/to us.” You sure of that?…
Read More » -
Households Face Up to $14,000 in ‘Hidden’ Federal Taxes Every Year, New Report Reveals
Most Americans pay close attention to how much of their money is taken in taxes each year. But there’s another,…
Read More » -
The (Second) Horror of the Flint Water Crisis
If the drinking water from the Flint River in Michigan looked dirty, or smelled bad, the disaster could probably have…
Read More » -
Housing Prices Hit Highest Rate Of Growth Ever Recorded
Home prices reached record highs in April as the housing market continued to boom, with home prices in areas around…
Read More » -
States Ending Ultra-Generous Welfare Are Doing Better in One Big Way, New Data Show
We’ve got a new contender in the competition for the least surprising news development of all time. As it turns…
Read More » -
United Airlines Makes Biggest Aircraft Order In Its History, Expects To Create 25,000 Jobs
United Airlines, already among the largest global commercial airlines, announced Tuesday that it would add another 270 aircraft to its…
Read More » -
The Progressive Case for Cryptocurrency
Editor’s Note: This is a follow-up article to “The Conservative Case for Cryptocurrency.” There are two basic types of progressives.…
Read More » -
Why Wages Rise Slowly During Economic Recoveries (and Why Wages Rarely Fall During Recessions)
We are in the midst of an economic paradox. On one hand, the latest unemployment numbers are lackluster. The May…
Read More » -
The Federal Reserve is Embracing Left-Wing Policies—Here’s Why You Shouldn’t Be Surprised
The Federal Reserve System has come under fire in the last few months for extending itself into areas outside its…
Read More »