This week, the media made a big deal out of the December numbers on U.S. inflation. There was no reason for that.
The U.S. government now borrows 35 cents of every dollar it spends. Congress, meanwhile, is busy trying to keep the offices of the federal government open.
The EU hints that it wants to get involved in health care funding. If it does, it could disrupt national health care models and grow government at the expense of other ways to pay for medical services.
The U.S. government just revised its jobs numbers for 2023. Why did they do it? Is it all a big Biden conspiracy?
In a nefarious attempt to grab power, the EU keeps pushing for its own tax revenue—and to be allowed to spend a lot more money.
In the cacophony of EU criticism, it is easy to forget that Hungary is one of Europe’s most enduring economic success stories. The unfolding recession has not changed that.
Here is why the seven EU member states who still have their own currency should stay out of the euro zone.
Next year is shaping up to be tough, both for the euro zone and European countries outside of it. How bad will the recession be? Our forecast goes beyond conventional economic wisdom to find out.
The U.S. Congress must make a choice—and make it now. Do they want to play fiscal defense and let the debt grow? Or do they want to play fiscal offense and solve the problem for good?
What can the past 20 years tell us about Europe’s economic future?
The growth in debt will only stop when the U.S. government is struck by a real fiscal crisis. Nothing else will work.
We must refute the myth that Muslim-occupied medieval Spain was a bastion of peace and multiculturalism.
Violence and death threats against teachers refute the myth of schools as sanctuaries.
Past Swedish governments have had a penchant for driving up inflation with tax hikes; will Prime Minister Ulf Kristersson’s government make better policy decisions?
European central banks agree that inflation may bump up again in 2024. But their explanations for this are oddly incongruent. What is really going on here?
What does BlackRock CEO’s weariness regarding the ESG label signal for the nexus of global finance and political elites?
The drastic devaluation of the peso marks the beginning of President Milei’s crusade against inflation in Argentina. But he needs more than that to succeed.
The Federal Reserve is not eager to cut interest rates, but when they get around to it, they will have to pursue two policy goals at the same time—and one goal excludes the other.
As groups get labeled ‘ultra Right’ by the media, crackdowns against them by French authorities have intensified.
Teachers are already using the new technology in more areas than parents realise.
The Federal Reserve meets on Wednesday. Here is why they won’t increase the interest rate.
Serbia’s relationship with the EU and Russia will play a crucial role in the upcoming election.
We sounded the recession alarm bells for Europe back in August. The latest numbers confirm that forecast—and then some.
A look back at two years of Olaf Scholz’s disastrous government.
Just in time for the recession, Europe may see the benefits of lower interest rates.
Congress is borrowing 26 cents of every dollar they spend. Only structural spending reforms can prevent a fiscal meltdown—and time is running out.
Private property plays an important role in peace.
On the surface, everything looks good for the Czechs to join the euro. But look a bit closer, and the picture changes dramatically.
The EU should look to its own interests before hastily admitting a corrupt and war-torn state.
The German government again suspends its debt brake. So far, their country has been saved by its formidable export machine. Those days are gone.
