Economics

Why Paul Krugman Can’t Admit Inflation Is Making Americans Poorer

New government data have some unwelcome news: The public is getting poorer. Census Bureau data released last week show that median…

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Beware of Mistaking Artifacts for Economic Realities

"Recognition that the size, or possibly even the very existence, of any measured US trade deficit depends heavily on the…

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Truck This: Why I’m Leaving the Long-Haul Industry

"However well-intentioned these rules and regulations might be, it’s clear that no one is consulting with the long haul truckers…

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Why We Shouldn’t Fear AI Destroying Hundreds of Millions of Jobs

I recently saw a quote on Facebook attributed to Sigmund Freud that I was going to share on social media.…

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Fed Continues to Signal Another Rate Hike

"If core inflation is more or less on track, why are most FOMC members projecting another rate hike?" ~William J.…

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Get Ready to Kiss Your Credit Card Rewards Goodbye

"The benign-sounding Credit Card Competition Act is a double whammy. It’s not just a threat to my credit card rewards;…

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Thinking Harder about “Special” Benefits

"To the extent we believe in giving government assistance to those with incomes, we should trust them to love themselves…

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The Problem with a Chicago Municipal Grocery Store

Chicago’s new mayor, Brandon Johnson, is experimenting with a surprising new city policy— government-run grocery stores. The policy idea was…

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Orangeopia

"Perhaps an Orangeopian union or minimum wage can at least decrease income inequality, or maybe even increase the per capita…

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Nothing Was “Normal” on the Other Side of the Wall

"Nothing was 'normal' about the totalitarian life in socialist GDR, if by 'normal' we mean pursuit of human happiness and…

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