The latest Economic Freedom of North America report issued by the Fraser Institute marks the first time economists have had a full four decades’ worth of data on economic freedom…
Category:
Economy
Last month, the Consolidated Appropriations Act of 2023, or Omnibus package, demonstrated that the majority of politicians have one-track minds. They identify problems, pass legislation, and send the consequences down…
After the Constitution had been drafted, it was submitted to the states for ratification. It had quite a few opponents, called the Anti-Federalists. They argued that the proposed government would…
The preliminary January results from the University of Michigan Surveys of Consumers show overall consumer sentiment improved for the month but remains low (see first chart). The composite consumer sentiment…
There are increasing signs that the 2021 – 2022 inflationary surge is softening. The headline Consumer Price Index (CPI) measure, released yesterday, showed a decline in year-over-year prices from 7.1…
It is easy to think the roots of tyranny lie outside of ourselves, but perhaps we are looking too far away. In Milan Kundera’s novel The Unbearable Lightness of Being,…
Initial claims for regular state unemployment insurance fell by 1,000 for the week ending January 7th, coming in at 205,000. The previous week’s 206,000 was revised up from the initial…
AIER’s Everyday Price fell 1.3 percent in December following a decline of 0.2 percent in November. December was the fifth decline in the last six months. The Everyday Price Index…
Having been an editor on three journals, I can say that the most difficult thing a journal must do is find referees. So I was thinking last week of how…
Mending Wall, the endearing 1914 poem by Robert Frost, offers important lessons about economics and cooperation. While the poem contains lessons about balancing tolerance and acceptance, modernity and tradition, and…