Ford CEO Suddenly Retires: Early Casualty of AV Revolution
The announced retirement of Ford’s CEO Mark Fields — his position to be taken by the head of Ford’s autonomous vehicle division —...
Economics
Baltimore Mayor Vetoes Minimum-wage Bill After Doing “Research”
After doing “some research,” Baltimore Mayor Catherine Pugh changed her mind and her position on a bill that would raise the city's minimum...
Read moreTrump Strategist Bannon: Austrian Economics Too Theoretical. Really?!
Trump poltiical strategist Stephen Bannon has dismissed Austrian economics as not "real world." On the contrary, adherence to its tenets would improve the...
Read moreRaiders’ Move to Vegas Latest Example of Sports Crony Capitalism
The Raiders are leaving Oakland because that city refused to give the billionaire owner of the NFL team a subsidy for a new...
Read moreIncome Tax Filings Down, Income Tax Revenue Up
The IRS reports that individual income tax filings are down, while the revenue collected is up. ...
Read moreRestaurants Add “Labor Surcharge” to Tabs to Cover Minimum-wage Increases
Once again the price of economic ignorance will be borne mostly by those who are ignorant. By Bob Adelmann ...
Read moreDodd-Frank Is a Big Problem for Small Business
Since the passage of Dodd-Frank in 2010, the percentage of loans to businesses of less than $1 million has plummeted. What's behind the...
Read moreFederal Insurance Agency Backing Union Pensions Facing Crisis Itself
With union pension plans on the route to going broke and unions looking to the Pension Benefit Guaranty Corporation, it should be asked,...
Read moreFormer Reagan Economic Advisor Warns: Debt Ceiling “Hard Stop” for Economy
Although forecasters are surely correct that the deficit spending that the country has been engaging in cannot last forever (and will likely end...
Read moreTrump’s 2018 Budget Won’t Touch Social Security, Medicare
Treasury Secretary Steven Mnuchin said on Fox News on Sunday that cuts in entitlement programs — i.e., Social Security and Medicare — won’t...
Read moreMortgage Delinquencies Begin an Upward March
FHA delinquency rates increased to 9.02 percent in the fourth quarter of 2016, up from 8.30 percent in the third quarter. Is a...
Read moreStudy: $15 Minimum Wage Would Force McDonald’s to Increase Prices 38 Percent
The Heritage Foundation's James Sherk blows up the Robin Hood assumptions of economists who should know better. ...
Read moreIt’s the Economic Confidence Index, Stupid
Bill Clinton led an upstart charge to the White House by effectively tapping into voter worries about the economy. Proving that history repeats...
Read moreLooming Economic Crisis to be Blamed on Trump, Experts Warn
An economic crisis of potentially historic proportions appears to be just around the corner, and the establishment may be setting up President Donald...
Read moreElites Prep for Trumpocalypse: Buying New Zealand Land, Condos in Old Missile Silos
The elites are prepping for doomsday — say WW3, a civil war, or other societal collapse — by buying land in New Zealand...
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