Economy - You, Money, Happiness

What Chicken Prices Could be Telling Us About the U.S. Economy

Chicken prices soar in the U.S., signaling increased production costs, inflationary pressures, robust demand, and potential supply chain strains in the economy.

Economy

Prices are Messengers of the Free Market Economy

An exploration of prices as the vital messengers in a free market, detailing how they reflect complex dynamics of demand and supply, not mere greed.

Economy

Rediscovering a Masterpiece: Thomas Sowell's 'Basic Economics'

An impassioned review of Thomas Sowell's 'Basic Economics', highlighting its enduring relevance and clarity in modern economic discourse.

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Economy

Understanding Economic Principles: The Key to Mastering Personal Finance

Explore timeless financial principles tailored for today's challenges. Navigate jargon, anticipate future implications, and adapt with informed decision-making for a prosperous financial journey.

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Economy

Banking as a Weapon

Exploring the U.S. government's history of leveraging banking for policy goals, from Obama's Operation Choke Point to Biden's CBDC ambitions.

A screen capture from a video showing Rep. Emmer on Sept. 20, 2023.

Economy

Privacy, Freedom, and the Future of American Currency

Exploring the risks of Central Bank Digital Currencies (CBDCs): How they might infringe on financial privacy, freedom, and disrupt traditional banking, with insights from Rep. Tom Emmer.

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Economy

What Do Second Jobs and Gigs Tell Us About the America Economy Now?

The number of Americans with bona fide second jobs as increased by 12.5 percent year over year.

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Economy

From Sicilian Pasta to U.S. Gas Stations: Decoding the Language of Prices

From Palermo's vibrant streets to global economic intricacies, explore how prices narrate stories of resource allocation, value, and interconnectedness.

Economy

2022 U.S. Personal Savings Fell to Lowest Level in Years

Exploring the steep decline in U.S. personal savings in 2022, this article analyzes the driving factors, potential economic impacts, and offers strategies for individuals to build wealth amidst high inflation

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Economy

U.S. Bank Failures from 1934 to June 2023

A complete list of U.S. bank failures from 1934 through the first half of 2023.

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Economy

The Haig-Simons Definition: Redefining the Concept of Income

The Haig-Simons Definition of Income is a widely used and influential definition in tax policy and economic analysis despite criticisms and alternative approaches.

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Economy

Making the Poor, Rich

Lower taxes for a better standard of living. Support policies that promote production and benefit the poor. Discover the impact of supply-side economics on personal wealth and retirement.

Taxes

America Needs a Tax Cut. Just Ask Kennedy and Reagan

Explore the shared tax policy views of two popular U.S. presidents, John F. Kennedy and Ronald Reagan, and their belief in the power of lower tax rates for individuals and businesses to stimulate economic growth.

Economy

What if the FDIC Makes Banks More Likely to Fail?

American economist Thomas Sowell is among the leading thinkers of our century. He argued that the FDIC might encourage risk taking at banks.

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Economy

Reparations Likely to Cause Inflation and Economic Uncertainty

Explore the potential economic consequences of reparations, including inflation and economic uncertainty, as the article discusses the cause-and-effect relationship in economics and urges policymakers to consider the broader impacts on the economy.

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Investing

The Efficient Market Hypothesis, Horse Racing, and the Don

Explore the fascinating connection between the Efficient Market Hypothesis (EMH) and parimutuel betting in horse racing. Learn how dynamic adjustments, information efficiency, and the difficulty of achieving abnormal returns apply to both the stock market and the racetrack.

Economy

The Cost of a Good Haircut: An Allegory of Individual Responsibility, Wealth Creation, and Resource Distribution

Sometimes a short allegory helps describe complex ideas. Here is a take on Individual responsibility, wealth creation, and resource distribution.

Economy

Embrace the Laffer Curve for Everyone's Benefit

The Laffer Curve predicts that some tax increases can result in relatively less tax revenue whilst stifling the national economy.

Government Economic Missteps contributed to the 1973-1975 recession.

Economy

The 1973-1975 Recession: A Lesson in Market Intervention and Government Missteps

The government's economic policies and other factors contributed to a recession from 1973-1975.

An AI-generated image of Uncle Sam running off of a cliff.

Economy

The Debt Ceiling Crisis 2023

Fortunately, the U.S. government will not default —that is a foregone conclusion. Congress will wait until the last possible moment, but the ceiling will rise and debts will be paid. Let's hope they also stop overspending.