U.S. Economy
Why the Money Supply Is Growing Again
In August, the money supply grew at the fastest rate in 23 months.
Americans Don’t Owe Eastern Europe Anything
Ryan, Tho, and Zach Yost talk about some recent efforts by Polish lobbyists to shame Americans into spending more treasure (and maybe also American lives) on waging wars for Eastern European states.
The Constitution’s Negative Effects on Free Trade
While the US Constitution made the US a large free trade zone, prohibiting states from erecting trade barriers against each other, it also empowered the central government to erect tariffs on goods imported from outside the country.
What Does ChatGPT Know about Money?
What does ChatGPT know about money? More than one might think. George Ford Smith asks the AI program some questions about money and gets some surprising answers.
What the New Jobs Report Really Says
September's job numbers were driven by big increases in government jobs and part-time work.
Hurricanes Are Not Going Away; We Must Double Down on What’s Making Them More Survivable
Storms like Helene and Milton ought to drive us to recommit to and expand the very institutions that have made natural disasters more survivable for so many, not to abandon them out of some false hope that bad weather can be eliminated.
An Economy So Strong It Requires Crisis-Level Fed Action
The Fed’s specialty is propaganda through data, with a long record of failure. This is by design. Their communication tools must work in overtime, particularly in the face of a decision like this, to avoid “spooking markets”, though this veneer is easy to see through.
Understanding the Basics of Modern Banking
Banking systems around the world have huge effects on our lives, yet few people understand how banks work. Worse yet, even fewer understand the malign powers of central banks and how this system undermines economies. Thus, it is important to demystify these systems.