If government size and employment rate had been the same in 2022 as they were in 2000, the cost of today’s government would have been $47,000 per employed person. That is a lot of money—until we do the same arithmetic with today’s government size and employment rate. Then the cost comes out to $59,700.
The Trump indictment puts the spotlight on a very disturbing trend in American politics: the slow transition of a constitutional republic into a totalitarian state.
Cities that allow the most destructive of human behavior to take over the public space are cities where civilized life as we know it is being marginalized and forced to give way to social fragmentation. Dignity yields to savagery.
Several news sources have raised the volume about a possible systemwide banking crisis. I am not going to contribute to that. In fact, we should all be careful about determining whether or not such a crisis is at hand.
Some MEPs want the EU to enforce an “adequate minimum income” across the union. They clearly have not considered the serious economic and moral price tag for their idea.
So long as there is something moving in the economy, socialists will always want to subject it to existing taxes. If they can’t do that, they will invent a new tax.
The Federal Reserve, eager to not let a good crisis go to waste, is using the SVB crisis to quietly turn on the money supply faucet again.
A sensational statement by the Federal Reserve reveals how we are setting ourselves up for another destructive inflation episode.
The January 6th committee suppressed 41,000 hours of video footage that showed there was no insurrection. Now the truth is out, and the consequences will be formidable.
Transforming conservative theory into policy takes a lot of work. The concept of the ‘social market economy’ is a good tool to make that happen.
There are growing signs that the United States is heading for a Greek-style fiscal crisis. It is not imminent, but close enough to cause real worries for anyone interested in the U.S. economy.
In 1986, an unknown assassin killed the Swedish prime minister. While the country lost its innocence, the murder changed the geostrategic landscape in Northern Europe.
