Government employees generally have sweeter pension plans compared to private-sector employees, but government pensions are purposely underfunded. No worries for government employees: taxpayers will pick up the slack.
By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well.
There is a lack of buyers for US Treasury debt. Rating agencies have recently downgraded the US debt, and entitlement benefits’ “trust funds” will go into the red in a few years. The classical economists offer few answers to the depth of this problem.
While the creator of modern portfolio theory was awarded a Nobel Prize, that doesn't mean the theory isn’t flawed. In fact, it explains very little about investments.
Economist Antony C. Sutton understood one of the most fundamental economic truths: gold is money. Thorsten Polleit reviews Sutton’s classic book, The War on Gold.
Environmentalists deride what they call “greenwashing,” which involves making a public show of supporting environmental causes but not changing business practices. There is some truth to the term, but environmentalists fail to see a larger picture.
Much government regulation — and especially what we saw during the covid era — is downright illogical and produces harmful results. Perhaps some simple logic is in order.
America's famous Corn Belt should better be known as the nation's Subsidy Belt.
While the creator of modern portfolio theory was awarded a Nobel Prize, that doesn't mean the theory isn’t flawed. In fact, it explains very little about investments.
Economist Antony C. Sutton understood one of the most fundamental economic truths: gold is money. Thorsten Polleit reviews Sutton’s classic book, The War on Gold.
