There’s No Easy Way Out of This Debt Spiral
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low. Original Article: There's No Easy Way Out of This Debt Spiral
The Power of Austrian Causal-Realist Analysis
For many economists, economic growth is a mystery. By “economic growth,” Shawn Ritenour has principally in mind economic progress in the less developed countries, but his recipe for growth applies universally. Why is growth a mystery? Ritenour explains why in
New Zealand Does About-Face on Plans To Impose Tobacco Prohibition
Jeffrey A. Singer New Zealand’s newly‐elected center‐right government announced
Signs of the Bright Future for Local News
Paul Matzko The Wall Street Journal ran another article about the
Remembering the Great Henry Hazlitt on His Birthday
November 28 marks the 1894 birth of one of American history’s most prolific public intellectuals—Henry Hazlitt. According to Llewellyn Rockwell, Hazlitt “was familiar with the work of every important thinker in nearly every field” and “wrote in every important public
New Defending Globalization Content: Consumer Benefits, Fashion, Technology, and a Video Discussion with Amb. Robert B. Zoellick
Scott Lincicome Today we’ve published three new essays for
The Perils of Big Sandwich
Thomas A. Firey US antitrust officials have been busy
AI Doesn’t Change the Economics of Labor, Capital, & Taxes
Adam N. Michel OpenAI released Chat GPT‑3 a year
October’s Sobering Jobs Report Adds to Mounting Bad Economic News
Data on employed persons, wages, and other measures point to trouble ahead in an economy already strained by growing bankruptcies, mounting debts, and disappearing savings. Original Article: October's Sobering Jobs Report Adds to Mounting Bad Economic News