Economy

The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy decreased to 10.334 million in October,…

Real gross domestic product rose at a revised 2.9 percent annualized rate in the third quarter versus a 0.6 percent rate of decline in the second quarter and a -1.6…

The late, great Julian Simon spent decades battling intellectually against biologists and zoologists who were convinced that human population growth, if governments did not hold it in check with draconian…

The boundaries between physical and digital spheres are collapsing. The digital sharing of personal information is now embedded into the economic and relational activities of daily life. Following the COVID…

Reprinted from the James G. Martin Center for Academic Renewal Jumping to conclusions is sometimes a big mistake. I recently became puzzled and mildly infuriated when I read that Stanford…

I expected pushback against the thesis of my paper (co-authored with Michael Makovi) “The Mainstreaming of Marx: Measuring the Effect of the Russian Revolution on Karl Marx’s Influence” from Marxists…

The Consumer Confidence Index from The Conference Board fell for the second consecutive month in November. The composite index decreased by 2.0 points, or 2.0 percent, to 100.2 (see first…

On August 9, 2022, President Biden signed the CHIPS and Science Act into law, stating that it would make “historic investments that poise U.S. workers, communities, and businesses to win…

Reprinted from the Foundation for Economic Education With its humble beginnings being worn by Croatian mercenaries in the Thirty Years War (1618-1648), its subsequent promotion by French absolutist monarch Louis XIV, and…

Every time I travel, I’m overwhelmed by the mind-boggling complexity of the endeavor and the fact that no one is in charge. Travel consists of enterprises with a lot of…