America runs a trade deficit during some period – say, a month – whenever the dollar value of that period’s imports exceeds the dollar value of that period’s exports. Unfortunately,…
Category:
Economy
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I’ve been a truck driver for over 20 years. I suppose I always knew I would be, ever since that career day in the third grade when among all the…
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The Federal Reserve’s Federal Open Market Committee (FOMC) voted to hold its federal funds rate target range at 5.25 to 5.50 percent on Wednesday. However, FOMC members also signaled that…
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Once a year, usually late in February, my wife’s face brightens as she thumbs through our mail. “We got our Costco rewards check,” she beams. It’s not a ton of…
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America has a vast cornucopia of government welfare and assistance programs. And in most cases, they are publicly justified on the ground that the goods and services in question provide…
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Pretty much everyone wants a higher standard of living, the question is how do we get there? Some argue that prosperity results from a wasteful and soul-killing consumeristic culture (so,…
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In 1989, cracks in the Berlin Wall finally laid plain the terror, brutality, misery, poverty, and meaninglessness of life in East Germany for anybody willing to take a look. Yet…
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University professors around the world are struggling to adapt to a student body that is, for the first time in history, able to generate essays and conduct other sophisticated tasks…
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Argentine presidential candidate Javier Milei has made dollarization a central issue in the election. In response, 170 experts have signed an open letter claiming dollarization is not a real solution,…
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An annoying post-pandemic reality is that “public health” policies disrupted supply chains and services that worsened a trend of rising prices that were going up anyway due to expansionary policies…