World Oil Glut Swells to 3 Billion Barrels, Driving Prices Down Further
For political and economic reasons, the world oil glut is unlikely to end anytime soon. This will keep oil prices low for the foreseeable future. ...
Economic Commentary
Tracking Freedom’s Decline in America
Studies tracking the decline of personal and economic freedom in the United States confirm Thomas Jefferson's warning about liberty yielding and government growing. by Bob Adelmann ...
Interest-rate Increase Could Trigger Global Recession
With the entire planet over-leveraged with cheap debt, it won't take much to begin the deleveraging. ...
The Ripple Effect of Rising Interest Rates
The jobs opening report could be the trigger that unleashes the delayed consequences of the Fed's "zero interest rate policy." ...
“Gig” Economy Ending Lifetime Careers, Opening Opportunities
The "gig" or freelance economy is a dynamic economy, and the statists are having a tough time trying to adapt. ...
Pressure Increasing to Reopen Export-Import Bank
Companies that habitually took advantage of the Export-Import Bank's largesse are funding efforts to resurrect it. ...
The Root Cause of Greece’s Problems: Socialism
If Greece doesn’t wish to become a vassal of the EU, a successful exit will require character and determination to throw off its disastrous socialist policies. ...
“Job-creating” ObamaTrade Requires Subsidies for Displaced U.S. Workers
In a glaring example of Orwellian double-think, advocates of ObamaTrade say that it will create jobs while at the same time saying that we must pass a Trade Adjustment Assistance bill...
Study Shows 40 Percent of Unemployed Have Given Up on Finding a Job
While the U.S. Department of Labor continues to tout decreased unemployment rates, the reality is that a significant portion of the unemployed have simply withdrawn from the job market entirely, according...
Driverless Cars to Disrupt Industry, Benefit Consumers
Once again the free market is working its magic — this time in the automotive field, with driverless cars and leased cars. Its "invisible hand" is making life simpler, easier and...
CEI Report: 3,554 New Regulations in 2014
Further evidence of the federal government’s vast overreach can be found in a report out of the Competitive Enterprise Institute (CEI) that reveals that over 3,500 new regulations were issued in...
Do Negative Interest Rates Portend a Negative Economy?
Keynesian experiments with the economy are having, once again, unintended consequences. Freshly created money, instead of acting as a stimulant, is acting as a sedative. ...
Boston University Economist Calls Out Congress on Enormous Fiscal Gap
According to a Boston University economics professor who specializes in generational accounting, U.S. agencies are intentionally deceiving the public into believing that the federal government is not absolutely broke. ...
Why Should the Government Deliver Mail?
In a country where people extol the virtues of free enterprise, why is the U.S. government involved in the delivery of mail? After all, it would be difficult to find a...
Tax Foundation Counts All Income Except Underground
In calculating personal income in the United States, the Tax Foundation is missing a huge part of the economy: the one that runs just fine without government interference. ...