When the economy goes into a recession, most economic commentators believe that the government and the central bank should take steps to counter the rise in unemployment. Some economists believe that lowering unemployment can be achieved without any cost, given

In July 2021, the Watson Institute of Public Affairs at Brown University reported that since September 11, 2001, 7,057 US military personnel have been killed in military operations in Iraq and Afghanistan alone. Civilian contractor deaths reached 8,000, although the

Our vacation airline tickets in September were funded by accumulated miles on our Alaska Airlines credit card. While on vacation this summer, my brother-in-law graciously hosted eight of us for dinner. He tried to downplay the generous hospitality by saying

By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well. Original Article: The Government Is Making the Economy Appear Better than It Is

Javier Milei has begun his presidency by taking action against much of Argentina’s vast welfare state. One hopes it is the beginning to a successful term in office. Original Article: The Decisive Driving Force to Victory for Javier Milei

There is a lack of buyers for US Treasury debt. Rating agencies have recently downgraded the US debt, and entitlement benefits’ “trust funds” will go into the red in a few years. The classical economists offer few answers to the depth of this problem.  Original Article: Can