#Economics

Politics | Joe Biden

Unity Watch: An Ugly New Narrative Is Developing and Joe Biden Is on Board

In the most disgusting racially charged assertions yet, Joe Biden asserts that law enforcement would have reacted differently if the Capitol rioters had been black.

Business & Finance | Economics

UK, EU announce post-Brexit trade deal, days before deadline | Fox Business

A trade deal was finally reached Thursday after negotiators from the European Union and Britain worked through the night and right into Christmas Eve on the finishing touches.

Science & Technology | Science & Technology

GM makes $2.2 billion investment in electric vehicle plant where HUMMER EV will be produced | Fox Business

General Motors announced Friday it is turning its Detroit-Hamtramck Assembly Center into Factory ZERO, which will be the company's new home for the production of electric vehicles. 

Business & Finance | Economics

IMF: US Economic Recovery Stronger Than Anticipated in 2020

The International Monetary Fund (IMF) made a “significant upgrade” to the U.S. economic forecasts for 2020, driven by faster than expected recovery from the COVID pandemic.

News | News

This Week's Sanity Report from Israel Sept. 23, 2020

This Week’s Sanity Report from Israel Sept. 23, 2020 There is so much optimism for a better future in this week’s positive Israel newsletter. Amazing Israeli medical advances include fighting Covid-19 and printing replacement human organs. Isr

Business & Finance | Economics

Median Household Income Highest on Record in 2019, Census Bureau Reports

Median household income rose by nearly 7 percent in 2019 from the year before, the Census Bureau reported ...

Politics | Leftists Are Insane

Why California’s Latest ‘Soak the Rich’ Tax Proposals Are Likely to Backfire

The wealthy are in many cases the most mobile members of society, and the less appealing you make your state for them financially, the more likely they are to take their success elsewhere.

Politics | Politics

California 13.3% Tax Rate May Be Raised To 16.8%...Retroactively

California’s tax rate could jump from 13.3% to a whopping 16.8%. If it passes, it could cause some Californians to hop in their Teslas and head for Texas, Nevada, Washington, or somewhere else. Anywhere would mean lower taxes.

Business & Finance | Economics

Chinese Regime Quietly Lost Market Economy Status at WTO

Honest News Straight to Your Home. Try the Epoch Times yourself, and get a free gift. The Chinese ...

Business & Finance | Economics

Labor Market Makes Surprise Rebound as Unemployment Falls and Economy Adds Jobs

The U.S. unemployment rate fell in May and layoffs abated, the latest signs the economic downturn caused by the COVID-19 pandemic was bottoming.

News | News

U.S. Unemployment Rate Fell to 13.3 Percent In May, Confounding Expectations

With an added 2.5 million jobs last month, unemployment drove down from 14.7 percent in April.

Business & Finance | Business & Finance

3 Keys to Understanding the Strangest Economy Ever - The Atlantic

In the time that U.S. deaths have increased from 100 to more than 100,000, the S&P 500 has gone up 20 percent.

Business & Finance | Economics

Coronavirus prompts growth for small farms offering direct-to-consumer sales | Fox Business

Unlike larger farms that are struggling as restaurants remain closed, small farms are receiving more customers than ever from the coronavirus.

News | News

This Week's Sanity Report from Israel April 26,2020

This Week’s Sanity Report from Israel April 26,2020 In Israel, as Israel’s 72nd birthday approaches, the first shoots of recovery are now starting to blossom. Schools and businesses are re-opening and airlines are renewing services to Israel.

Politics | Leftist Lies

11 Leftist Myths About Economics

Few Americans have a basic working knowledge of economics. They’ve grown up in a capitalist system, and so they take it for granted. But taking their economic system for granted leaves the door open for demagoguery. Most leftist economic arguments go some

Business & Finance | Business & Finance

How one European VC firm is reacting to the economic crisis | TechCrunch

Public markets around the world have been tanking for the past few weeks, and many companies simply can’t operate during a lockdown. Sheltering in place has had some terrible economic consequences, with a record number of Americans getting laid off, inc

Business & Finance | Economics

Coronavirus response includes $3,000 for average family of 4: Mnuchin | Fox Business

Congress's proposed response to the economic shutdown caused by the coronavirus pandemic includes approximately $3,000 for the average family of four, Treasury Secretary Steve Mnuchin told "Fox News Sunday."

Business & Finance | Economics

Here's where the jobs are for February 2019 — in one chart

CNBC studied the net change in employment by industry for February based on data from the Labor Department.

Business & Finance | Economics

New Building Permits Hit 13-Year High, Suggesting Robust US Economy

New building permits surged to a near 13-year high, pointing to sustained housing market strength amidst a period of continuing economic expansion.

Politics | The "Squad"

SHAPIRO: The Alexandria Ocasio-Cortez School of Economics

On Monday, Rep. Alexandria Ocasio-Cortez, D-N.Y., sat for a discussion with author Ta-Nehisi Coates. She dropped a number of shocking statements — statements that elicited nothing but murmurs of agreement from Coates. AOC claimed: “No one ever makes a

Business & Finance | Economics

Trump touts 'blue-collar boom' in speech to global elite | Fox Business

Earnings growth of the bottom 10 percent of Americans is outpacing that of the top 10 percent, the president said.

Business & Finance | Economics

Why Luxury Units in Manhattan Are Vacant - The Atlantic

Approximately half of the luxury-condo units that have come onto the market in the past five years are still unsold.

Business & Finance | Economics

US-China phase one trade deal: What Beijing has agreed to buy | Fox Business

U.S. sources have told FOX Business the purchases will total $205 billion to $210 billion over two years.

Business & Finance | Economics

Sen. John Barrasso: Washington Gov. Jay Inslee is hurting environment, helping Putin | Fox News

Failed Democratic presidential candidate and Washington state Gov. Jay Inslee is abusing the Clean Water Act and taking energy projects hostage. Instead of protecting the environment, he is playing into the hands of Russian President Vladimir Putin.

Business & Finance | Economics

Trump adviser hints at next big trade deal | Fox Business

India is America's ninth-largest trading partner, accounting for some $143 billion in goods and services transactions.

Business & Finance | Economics

U.S.-China trade war: Hidden benefits of partial agreement revealed by architect Robert Lighthizer | Fox Business

The phase one trade deal is the first step in correcting a trade imbalance of more than $300 billion between the world's two economic superpowers. 

Politics | Politics

U.S. Wage Growth Eclipses Mortgage Rate for First Time Since 1972 - Bloomberg

The U.S. economy reached an important milestone in October that ought to put it on a more sustainable footing going forward: wage growth eclipsed mortgage rates for the first time since 1972.

Business & Finance | Economics

Top 5 states with the best economic outlooks | Fox Business

"Generally speaking, states that spend less -- especially on income transfer programs -- and states that tax less -- particularly on productive activities such as working or investing -- experience higher growth rates than states that tax and spend m

Business & Finance | Economics

US Has First Full Month as Net Oil Exporter for First Time in 70 Years

The US became a net exporter of crude and petroleum products for the first time in 70 years.

Politics | Politics

This Thanksgiving, give thanks for private property rights

In most of our lives, private ownership makes political arguments unnecessary.

Business & Finance | Economics

Mexican President to Urge Pelosi to Move Forward With USMCA

Mexico is slated to send a letter to House Speaker Nancy Pelosi (D-Calif.) this week to urge Congress ...

Business & Finance | Economics

Krugman Admits He and Mainstream Economists Got Globalization Wrong

Paul Krugman says he and his colleagues got some things wrong about globalization, in particular around its downside impact on local labor markets.

Business & Finance | Economics

China Uses Deception to Fight a War Against US Without Actual Combat, Retired US General Says

The Chinese communist regime has been waging a stealth war against the West, deploying all spheres of society ...

Business & Finance | Economics

Crisis in World Trade Signals Globalism’s Failure

Globalization, the most powerful economic force to have shaped the world over the past two decades, is now giving way to a new world order. Souring sentiment against globalization, particularly in developed countries, has led to a global revival of nation

News | Interesting Links

US Signs Trade Agreement With Japan

The United States and Japan signed on Oct. 7 a trade agreement that would open up markets to $7 billion worth of U.S. agricultural goods.

Business & Finance | Economics

New Study Released: 14.3M Illegal Aliens Living in U.S., Costing Americans $132B a Year

About 14.3 million illegal aliens are living across the U.S., according to a new study, costing Americans an estimated $132 billion a year. 

Business & Finance | Economics

Apple Will Make the New Mac Pro Computers in US After Getting Tariff Exemptions

Apple said it would be making its new Mac Pro computers in the United States in a Sept. 23 announcement.

Business & Finance | Economics

Oil sees biggest jump in nearly 11 years after Saudi attack | Fox Business

WTI experiences largest gain since Dec. 2008.

Business & Finance | Economics

Over a Million Households Climbed to Middle Class Under Trump, Census Data Shows

More than 1.2 million American households moved to above $50,000 in annual income between 2016 and 2018, according to Census Bureau data released on Sept. 10, a sign of a growing middle class.

Business & Finance | Economics

Will China’s $50 Trillion Debt Bomb Blow Up the Yuan?

On Aug. 5, the U.S. Treasury declared China a currency manipulator for allowing its currency, the yuan or ...

News | Interesting Links

As Trade Talks Loom, Chinese Firms Look Into Buying US Farm Goods

BEIJING—Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, Beijing said on Sept. 12, ...

Business & Finance | Economics

Black Unemployment Shatters Another Historic Low

Black Americans enjoyed unemployment rate at a new historic low in August—5.5 percent. That’s down from 6 percent the month before.

Business & Finance | Economics

US-Japan Trade Deal Upends China’s Only Bargaining Chip in Trade Talks: Commentator

US-Japan Trade Deal Upends China’s Only Bargaining Chip in Trade Talks: Commentator

Business & Finance | Economics

Trump: 'Enjoy the low gas prices over the Labor Day weekend!' | Fox Business

The president tweeted his energy policies plaid a role in keeping prices down at the pump over the holiday weekend.

Business & Finance | Economics

Wilbur Ross: American workers are winning | Fox Business

Jobs, rising wages and a solid economy make it a good time to be a U.S. consumer.

Business & Finance | Economics

Recession indicator: What it means when yield curve inverts | Fox Business

Wall Street got a wake-up call Wednesday morning as the yield curve inverted, sparking concerns the U.S. economy could be headed for a recession.

Business & Finance | Economics

Americans Apply for Jobs at Koch Foods After ICE Raid | Breitbart

Roughly 150 locals sought jobs at Koch Foods' chicken processing plants in Mississippi, following the August 7 removal of illegal migrants.

Business & Finance | Economics

Mexico is now America's number one trading partner — Quartz

Thanks to the Washington-Beijing trade war, the Mexico is finally the biggest trade partner for the US.

Business & Finance | Economics

Europe Agrees to Buy More US Beef as Part of EU Trade Talks

The United States and the European Union reached an agreement that will open Europe to more American beef exports, ending a long-running Trans-Atlantic dispute.

Business & Finance | Economics

Economists use beer to explain how socialism affects societies | Fox Business

In a political environment where the word "socialism" is thrown around often, two economists decided to see the real-world examples out there by using one common denominator: Beer.

Business & Finance | Economics

Trump administration moves to give more Americans 401(k) access | Fox Business

A new rule will allow more small businesses to band together to offer joint retirement benefit plans.

Business & Finance | Economics

Mexico creates 20,000 jobs to curb migration | Fox Business

That migration has angered Trump, who has made border security a priority, and issued economic threats against Mexico and Central America if more is not done to contain the flows.

Business & Finance | Economics

Trump’s Workforce Initiative to Provide Skills Training for 12 Million Americans

More than 300 companies and organizations said they would support the workforce initiative of the White House, committing to train over 12 million Americans to help them gain new job skills over the next five years.

Business & Finance | Economics

US manufacturers must fill 500K jobs to compete globally: NAM president Jay Timmons | Fox Business

The U.S faces a skilled-labor shortage of more than half a million unfilled jobs in the manufacturing sector, according to the National Association of Manufacturers.

Business & Finance | Economics

Seniors poised for $27B in drug savings under new Senate package | Fox Business

The bill would cap out-of-pocket costs for seniors and dissuade drugmakers from hiking prices above inflation.

Business & Finance | Economics

Number of Americans on Welfare Dropping Under Trump Administration

Americans’ dependence on government programs has diminished during the presidency of Donald Trump, most visible in the shrinking of food stamp enrollment.

Business & Finance | Economics

US Jobs report June 2019: Payrolls rise 224,000, unemployment rate 3.7%.

Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs and the unemployment rate rose to 3.7%.

Music | Music

Despite short-term anguish, the economics of leaving CDs behind turned out to be sneakily much better for record companies

With streaming poised to infuse billions of dollars into the record business, artists are once again hoping to get their fair share.

Politics | Politics

Middle-Class Americans Are Sick of Elite Privilege - The Atlantic

If Democrats want to address simmering middle-class anger, they need to deliver justice.

Politics | The "Squad"

Restaurant where Ocasio-Cortez worked permanently closes because of liberal policies she supports

Democratic socialist Alexandria Ocasio-Cortez on Monday lamented the closing of the Manhattan restaurant she worked at as a bartender before running for Congress. However, there is an ironic twist: The bar is closing largely due to liberal policies Ocasio-Cortez advocates.

Politics | Op-Ed

Hey, Democrats: Here’s the price I paid for your socialist dream

The house where I was born in Communist Cuba had a dirt floor, a bathroom hole-in-the-ground, which we shared with six other families, and a zinc roof that left us unbearably hot in the summer and shivering in the winter.

Politics | The Hall of Idiots

ICYMI: Ocasio-Cortez Got Slapped With Reality After Throwing Minimum Wage Tantrum

Rep. Alexandria Ocasio-Cortez (D-NY) is the Left’s answer to Donald Trump. She’s feisty. She’s bombastic! She's an idiot.

Politics | The Hall of Idiots

Ocasio-Cortez Advocates $15 Minimum Wage by Pointing to Expensive Croissants

Rep. Alexandria Ocasio-Cortez (D., N.Y.) complained about the cost of food Monday, claiming wages should be higher, and prices somehow lower.

Politics | Politics

Sen. Mike Lee on the Green New Deal

Sen. Mike Lee on the Green New Deal

Politics | The Hall of Idiots

Ocasio-Cortez: Be 'Excited' About 'Being Automated Out Of Work,' Tax Corporations At 90%

Socialist Rep. Alexandria Ocasio-Cortez (D-NY) said on Saturday that people should be "excited" about "being automated out of work" and suggested that she supports taxing corporations at 90%.

Politics | Politics

The Not-So-Pretty Fine Print of the ‘Green New Deal’ | National Review

The ‘Green New Deal’ isn’t only unrealistic, it would be irresponsible to implement.

News | The News

President’s Economic Advisers Reveal What Socialism Would Cost Americans — It’s a Huge Price Tag

The recent report released by the President's Council of Economic Advisers detailed the issues with implementing socialist policies in the U.S.

Politics | The Hall of Idiots

Ocasio-Cortez Can't Explain How She’ll Pay For The $40 Trillion Programs She Supports | Daily Wire

Alexandria Ocasio-Cortez has some grandiose ideas. The Socialist candidate for a New York House seat has a platform that even the left-wing Tax Policy Center says will cost some $40 trillion over the next 10 years.

Politics | Politics

Thank goodness Trump gets what Obama failed to grasp on economy | TheHill

During Obama's eight years in office, business leaders never felt confident about the future.

Business & Finance | Economics

Wilbur Ross Schools Dem Sen. on Plan to Counter China’s Steel Dumping

Testifying before the Senate Finance Committee Wednesday, Commerce Secretary Wilbur Ross took Senator Michael Bennet (D-CO) to task over the Trump administration's plan to hold China accountable for dumping steel globally. 

Politics | Politics

We Ran Out of Words to Describe How Good the Jobs Numbers Are

The economy is in a sweet spot, with steady growth and broad improvement in the labor market.

Business & Finance | Economics

U.S. Budget Makes History with Best Month Ever in April

We can thank "stronger-than-expected" economic growth last year and early this year.

Business & Finance | Economics

ObamaCare Premiums: As Insurance Costs Soar, Democrats Lie

ObamaCare regulations caused premiums for people buying their own insurance to more than double between 2013 and 2017, and then soar even higher in 2018, with huge hikes predicted again in 2019. But instead of telling the truth about why this is happening

Business & Finance | Economics

State Taxes: Americans Are Migrating In Droves To Low-Tax States

There has been a vast, largely unheralded migration in the U.S. over the past decade. Not because of weather, or amenities. But because of taxes.

Politics | Politics

Starbucks to boost worker pay and benefits after US lowers corporate taxes

Starbucks will give domestic employees pay raises, company stock, and expanded benefits worth of more than $250 million, the company said on Wednesday.

History | History

Did FDR End the Great Depression? | PragerU

Did FDR help end the Great Depression? Did his New Deal improve an otherwise hopeless economy? Lee Ohanian, Professor of Economics at UCLA and consultant to the Federal Reserve Bank of Minneapolis, explains.

Health & Fitness | News Items

The REAL Cost Of Losing The Great Barrier Reef

A report says the landmark is "priceless," but if the reef were given a value, it'd be worth billions.

Politics | Politics

A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals

When Seattle officials voted three years ago to incrementally boost the city's minimum wage up to $15 an hour, they'd hoped to improve the lives of low-income workers. Yet according to a major new study that could force economists to reassess past research on the issue, the hike has had the opposite effect.

News | The News

The Coming Minimum-Wage Tsunami Will Wash Away Millions Of Minority Jobs | Stock News & Stock Market Analysis - IBD

One of the most vexing economic issues today is the minimum wage. For many, the failure to raise the minimum wage to $15 or higher is a sign of our nation's

Miscellaneous | Other Stuff

Think nothing is made in America? Output has doubled in three decades - MarketWatch

Factories are running at close to a record pace, writes Rex Nutting.

Politics | Other Politics

What is the TPP and why are both parties so angry about it? | Public Radio International

At the Democratic National Convention, many in the crowd have chanted "No TPP!" That's no to the 12-member Trans-Pacific Partnership, a trading bloc that President Barack Obama supports, but Donald Trump, Bernie Sanders and Hillary Clinton all o

Politics | Interesting Links

The Nordic Democratic-Socialist Myth

The American Left dreams of importing the Nordic democratic-socialist model, but much of what they believe about the system is a myth.

Politics | Politics

Here's Why Bernie Sanders is Wrong About Everything

Bernie Sanders has a lot of economic narratives, and they're all wrong. Here's why.

Politics | Donald Trump

‘Sheer Idiocy’: Ben Stein Goes Ballistic on Trump for ‘Horrifying’ Economic Ignorance | Mediaite

Economist and Bueller-dropper Ben Stein basically used every single synonym of the word "insane' to describe his reaction to Donald Trump's vision (or lack

Politics | Obamacare

Clinton sees ObamaCare’s ‘crushing’ burden — but has no way to fix it | New York Post

The Clinton campaign is finally owning up to what most Americans learned the hard way: The Affordable Care Act is anything but affordable. In fact, its costs are “crushing” people who have to buy health insurance. Hillary Clinton vows to fix the probl

Politics | Obamacare

CBO Misses Its Obamacare Projection by 24 Million People

Three years ago, on the eve of Obamacare’s implementation, the Congressional Budget Office (CBO) projected that President Obama's centerpiece legislation would result in an average of 201 million people having private health insurance in any given month of 2016. Now that 2016 is here, the CBO says that just 177 million people, on average, will have private health insurance in any given month of this year—a shortfall of 24 million people.

Politics | POLITICS

45 percent of Americans pay no federal income tax

Many Americans don’t have to worry about giving Uncle Sam part of their hard-earned cash for their income taxes this year. An estimated 45.3 percent of American households — roughly 77.5 million — …

Politics | The circus we run our country with

For Cam Newton, Adding Super Tax Insult to Super Bowl Injury

He'll be paying about $101,000 of extra tax simply because the game took place in California.

News | Interesting Links

The Claim: People Don't Want Economic Equality

A recent Atlantic essay argued that people don't really want equality. We want fairness. So when is inequality considered unfair?

Politics | Obamacare

The quiet unraveling of ObamaCare

Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons.

Politics | Politics

Obama’s Economy In 9 Charts

Unemployment hit 5 percent in October and the economy added 270,000 jobs in an unexpectedly strong showing that is good news for the White House. But wages are stagnant, more than 95 million Americ

Business & Finance | Economics

Is Capitalism Moral?

Is capitalism moral or greedy? If it's based on greed and selfishness, what's the best alternative economic system? Perhaps socialism? And if capitalism is m...

Politics | Politics

$15 Is Too Much Even For Those Who Support A Higher Minimum Wage

What's becoming very interesting about this rumpus over the minimum wage is that we're seeing even those who support a higher minimum wage in general stating that they think that $15 an hour is just too high. The deeper point of this being that th

News | Interesting Links

▶ Why Capitalism Works - YouTube

Cultural depictions of capitalism are almost all negative. There's the Monopoly guy with the top hat and cigar. There's Gordon Gekko saying, "Greed is good."...

Business & Finance | Economics

Should Government Bail Out Big Banks?

Should the government bail out big banks that may otherwise go bankrupt? Or should it let them go under, as it did with Lehman Brothers in 2008? Economist Ni...

Business & Finance | Economics

Profits Are Progressive

Is profit a dirty word? Would the world be better off without them? Or are profits progressive -- the only thing that can move potatoes from Idaho to Manhatt...

Business & Finance | Economics

Do the Rich Pay Their Fair Share?

Do the rich pay their fair share of taxes? It's not a simple question. First of all, what do you mean by rich? And how much is fair? What are the rich, whoev...

Business & Finance | Economics

Myths, Lies and Capitalism

Does free enterprise hurt the poor? Is it unfair and driven by greed? Did it cause the Great Recession? In five minutes, Arthur Brooks answers these question...

Business & Finance | Economics

What's the Right Minimum Wage?

What's the perfect minimum wage: is it $10 an hour? $15? $20? How about zero? That's right. Zero. While Congress discusses a minimum wage hike, economist Dav...

Business & Finance | Economics

How to Solve America's Spending Problem

Everyone complains about America's debt, and rightly so, but how do we get out of it? As Cato Institute's Michael Tanner explains, spending on entitlement pr...

Business & Finance | Economics

What Creates Wealth?

Why are some countries rich and some countries poor? Is it access to natural resources? Is it tax policy? A motivated work force? These are important, but no...

Business & Finance | Economics

The War on Work

The U.S. government has spent trillions of dollars in recent decades attempting to combat poverty, yet the poverty rate has remained virtually unmoved. Why? ...

Business & Finance | Economics

The Promise of Free Enterprise

Built into the foundation of free enterprise is a promise. It's a promise that no other economic system offers. This promise has a great deal to do with your...

Business & Finance | Economics

America's Debt Crisis Explained

Fact: America's national debt stands at $17 trillion. That's a tough number to grasp. Most people will never come close to making $1 million in any given yea...

Business & Finance | Economics

Lower Taxes, Higher Revenue

Should Taxes Be Higher? It's the million dollar question! Up? Down? No change? Where in the world should taxes go? In election years, the question of tax rat...

Politics | POLITICS

What Hillary Doesn't Know (Or Want To Understand) About The Bush Tax Cuts

The Bush tax cuts resulted in more tax revenue not less

Politics | Interesting Links

Sorry, Paul Krugman: The Minimum Wage Won’t Cure Poverty

Studies Paul Krugman ignores show minimum wage increases significantly reduce the probability of low-skill workers reaching the middle class.

Politics | Obamacare

Obamacare fails to bend the cost curve

The ACA is forcing health insurers to raise rates and consolidate. Will anyone learn their lesson from this?

Miscellaneous | Miscellaneous

College is not a commodity. Stop treating it like one.

What truly makes an education valuable: the effort the student puts into it.

Politics | Interesting Links

Do the Rich Pay Their Fair Share? - Prager University

Do the rich pay their fair share of taxes? It's not a simple question. First of all, what do you mean by rich? And how much is fair? What are the rich, whoever they are, paying now? Is there any tax rate that would be unfair? UCLA Professor of Economics,

Politics | Politics

Harvard Ideas on Health Care Hit Home, Hard - NYTimes.com

While Harvard professors oppose changes that will raise their health care costs, the university says the increases are in part a result of the Affordable Care Act, which many Harvard experts championed.

Politics | Politics

Obama's Amnesty Will Cost $22,000 Per U.S. College Grad

President Barack Obama’s amnesty for four million illegal immigrants will cost Americans about $2 trillion, or roughly $40 billion a year for the next five decades.

The cost of Obama’s generosity is equivalent to 30 cents extra for every gallon of gas bought by Americans.

Politics | Op-Ed

What's the Right Minimum Wage? - Prager University

What's the perfect minimum wage: is it $10 an hour? $15? $20? How about zero? That's right. Zero. While Congress discusses a minimum wage hike, economist David Henderson shows that any minimum wage makes it harder for unemployed people (particularly young

Politics | Politics

Party of the rich: In Congress, it's the Democrats - Yahoo News

From Yahoo News: WASHINGTON (AP) — Republicans are the party of the rich, right? It's a label that has stuck for decades, and you're hearing it again as Democrats complain about GOP support for tax breaks that benefit corporations and wealthy individual

News | The News

Incomes fell for most families in past three years, while top 10 percent prospered: Fed - Washington Times

Under President Obama, the richest 10 percent were the only income group of Americans to see their median incomes rise, according to a survey released this week by the Federal Reserve.

News | In The News

We've Crossed The Tipping Point; Most Americans Now Receive Government Benefits

With the implementation of Obamacare, more than half of Americans are receiving some type of government benefit. That bodes ill for the future.

Politics | Op-Ed

Why I can’t be both an economist and a liberal

In today's America, I can't be both an economist and a liberal.

Politics | Politics

Fast Food Worker Protests Over Minimum Wage Spread Across The Globe

In the first internationally coordinated effort, 230 cities in at least 33 countries, including the U.S., protested low wages at fast food restaurants.

News | The News

U.S. businesses are being destroyed faster than they’re being created.

The American economy is less entrepreneurial now than at any point in the last three decades.