Division Of Labor Makes Us Wealthy…And Fragile
By Michael Munger Containers on a cargo ship transiting the Suez Canal, 2023. My father was born in 1919, on a farm in the upper Mohawk Valley in New York, in 1919. He could build a two-story wood...
View ArticleJob Gains Surge For Another Month As Unemployment Ticks Up
By Will Kessler The U.S. added 275,000 nonfarm payroll jobs in February as the unemployment rate ticked up to 3.9%, according to Bureau of Labor Statistics (BLS) data released Friday. Economists...
View ArticleBitcoin Scoops Up Stranded And Excess Power
By Joakim Book Physical representation of Bitcoin superimposed on power transmission lines. Electricity has the difficult characteristic of having to be consumed whenever it’s produced. Storing it,...
View ArticlePoll After Poll Shows Voters Felt Way Better Off Under Trump Than Biden
By Mary Lou Masters Voters felt far better off under the Trump administration than they have under President Joe Biden, according to a series of recent surveys. A New York Times/Siena College poll...
View ArticleBiden Seeks To Pour Billions In Taxpayer Dollars Into Global Climate Programs
By Nick Pope President Joe Biden’s newest budget request calls for billions of taxpayer dollars to fund international climate programs. The budget request furthers Biden’s goal to allocate a total of...
View ArticleHow Rich People Create Poverty
By Art Carden The US-Mexico Border Wall near Friendship Park and Tijuana. July 30, 2023. It’s popular within the academy and fashionable intellectual circles to blame rich Westerners for global...
View ArticleNAFTA: 30 Years Of Driving Free Trade Critics Crazy
By Colin Grabow Then-President Bill Clinton, flanked by former presidents, signs supplemental agreements to the North American Free Trade Agreement (NAFTA) in the East Room of the White House. 1993....
View ArticleGold Sneakers Vs. Scented Candles: Who Has Better Business Sense?
By Richard Blakley What do you want, a nice pair of gold sneakers or a scented candle? Donald Trump is a businessman. He hires people that do business with other businesses and the public. That’s how...
View ArticleIs Inflation On The Rise Again?
By William J. Luther Board Governor Christopher J. Waller at the Federal Open Market Committee (FOMC) meeting in Washington, DC. January 2024. Inflation picked up in January, according to the latest...
View ArticleToo Much: Three First World Problems
By Art Carden For most of history, people’s biggest problems concerned adequate food, clothing, and shelter. Life resembled Thomas Hobbes’s description of the state of nature: solitary, poor, nasty,...
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