Tampa Group Declares Independence from the Dollar
On this episode of Good Money, Tho Bishop is joined by Wesley Schlemmer, president and co-founder of Bitcoin Bay. Wesley discusses the benefits of creating local professional networks around common values and how Bitcoin Bay is helping Tampa residents convert
Much of the World’s Oil Is Owned by Governments. There’s No Good Reason for This.
It is as if the average human assumes that a coercive governance must be established or assigned despite the fact that such a government is often not very efficient or even involved in the outcomes we ultimately want, peace and
Supreme Court Toughens Employers’ Obligations to Accommodate Religion
Walter Olson The result of today’s Supreme Court opinion in Groff v. DeJoy is to load private, not just public, employers with new practical burdens in the name of accommodating employees’ religious beliefs. The Court does so by nimbly reinterpreting, as
CBO Projects Challenging Fiscal Future in Long‐Term Budget Outlook
Romina Boccia and Dominik Lett The Congressional Budget Office’s (CBO) latest 30‐year budget projections forecast rising debt, deficits, and interest costs. Rising spending on old‐age entitlement programs, primarily Medicare and Social Security, is mostly to blame. Legislators should act now to
Are the Latest FTC Cases against Tech Good for Consumers?
Jennifer Huddleston In June, the Federal Trade Commission has taken a number of actions against America’s leading tech companies. The agency is tasked with protecting consumers from actions that might manipulate the benefits of a free market, such as fraud or illegal monopolization
Economizing on Medicaid Nursing Home Costs
Marc Joffe Federal and state governments paid over $60 billion for nursing home care through the Medicaid program in 2019. While nursing home care is costly, its quality varies and can often be quite poor. Through policy change, it should be
“Greedflation” Is an Accounting Identity Not an Economic Explanation
Jai Kedia This week, the International Monetary Fund published a blog post and a working paper that show the contributions of profits, wages, and import prices to the recent inflationary spiral in the Euro area. While the authors note that their analysis represents
Defuse the Culture War with Liberated Education
Mustafa Akyol and Neal McCluskey America’s culture wars are sometimes perceived as conflict between “conservatives,” who defend the values of white Christians, and “progressives,” who defend the rights of minorities. But there is something new these days complicating this always too‐simple
Student Loan Forgiveness
Jeffrey Miron This article appeared on Substack on June 29, 2023. Later today, or next week at the latest, the Supreme Court will announce its decision in two cases that challenge the Biden administration’s cancellation of $400 billion in federal student loan
How US States Could Pave the Way for Currency Competition
The US dollar has been the world reserve currency since 1944. At the Bretton Woods Conference, the dollar was pegged to gold and every other currency was pegged to the dollar. The fixed exchange rate system that emerged provided a