U.S. Economy

A recent CNN broadcast claimed that deflation was bad for the economy and that we need to adjust to higher prices. As usual, the journalistic “experts” got it backward.

While modern academic and media culture portray black Africans as victims only of Europeans, the history of the African slave trade is much more complicated than historians and journalists want us to believe.

What happens when war shuts down the Strait of Hormuz? What about the Panama Canal, the Suez Canal, and Baltimore harbor?

Nick Gillespie joins Bob to make the case that American Libertarians are too pessimistic.

In this review of Edward Chancellor’s The Price of Time, Joakim Book notes that a market economy cannot function correctly when central bankers manipulate interest rates.

The Federal Reserve claims to be independent and politically neutral. But since its actions have political ramifications, it is impossible for the Fed to be either.

A recent CNN broadcast claimed that deflation was bad for the economy and that we need to adjust to higher prices. As usual, the journalistic “experts” got it backward.

The canary in the coal mine, is the consumer in our current economic period. We can still hear it, but it is growing weaker.

Paul Krugman claims that the real factor determining inflation is the rate of unemployment, not increases in the supply of money. As usual, he is wrong.

Many of the high-flying businesses that received massive publicity turned out to be the creation of a bubble economy. Not all businesses are flashes in a pan; many of them continue to serve as the backbone of our economy.