Economics
Greenspan: U.S. Won’t Default Because We Can Inflate Money Supply
Former Federal Reserve Bank Chairman Alan Greenspan (left) came up with a novel way to claim the U.S. government would never default on...
Economist Says National Debt Really $211 Trillion
If a $14.3 trillion national debt sounds like a staggering sum, economist Lawrence Kotlikoff's estimate of the nation's real long-term indebtedness might bowl...
Read moreRegulating Jobs to Death
Item: In the Wall Street Journal for May 26, Cass Sunstein (photo at left), the President’s top regulator, wrote: “A 21st-century regulatory system...
Read moreUK Financial Times: U.S. Economy Bound for Japanese-style Lost Decade
Britain's leading financial newspaper, the London Financial Times, now believes that the U.S. economy may be headed toward a Japanese-style "Lost Decade." ...
Read moreStagnant Economic Growth Weakens Obama’s Credibility
President Obama commenced his weekly address on Saturday by subtly blaming sluggish economic growth and high unemployment on his predecessor — the Bush...
Read moreThe $61 Trillion Debt
Anyone paying much attention to the news is aware that the U.S. government is now about $14.3 trillion in debt and considering borrowing...
Read moreNational Debt: Hitting the Ceiling or Going Through the Roof?
“The fact that we are here today to debate raising America’s debt limit,” said the Senator, “is a sign of leadership failure. It...
Read moreGeorge Soros a Student of the Austrian School?
George Soros courageously walked into the Cato Institute on Thursday to debate some of the nation’s leading scholars of the Austrian School of...
Read moreEvidence for Double Dip is Growing
Establishment economists and other economic cheerleaders were disappointed to learn that, despite the government’s best efforts to revive the economy through Keynesian interventions...
Read moreIMF: Chinese Economy To Surpass U.S. By 2016
The International Monetary Fund (IMF) now predicts that the size of China’s economy will surpass America’s by 2016, far earlier than most mainstream...
Read moreRep. Paul Plans Hearing on Fed’s Foreign Bailouts
Constitutionalist Rep. Ron Paul (R-Texas), the Chairman of the House Financial Services Subcommittee on Domestic Monetary Policy, is planning to hold hearings about...
Read moreLibya Costs Will Undermine GOP’s Savings
While Republicans have touted savings in the passage of continuing resolution after continuing resolution, it seems the military operations in Libya may eliminate...
Read moreSupreme Court: Fed Must Disclose Bailout Details
After the Supreme Court refused to hear an appeal of lower-court rulings, the Federal Reserve must release information within five days about its...
Read moreFederal Reserve Policies Drive Up Gas Prices
As inflation continues to rear its ugly head, one of the most pressing and ominous side effects of the country’s inflationary spiral is...
Read moreUtah House Approves Gold, Silver as Legal Tender
The Utah House of Representatives voted on March 4 to make gold and silver coins issued by the federal government into legal tender...
Read more