The surest sign of a booming economy is falling prices, and the marriage of man with thinking/doing machines is set to bring on the cheapest of “Cheap Revolutions.” Retirees will live grandly, and at prices that continue to decline.
The Looming, and Intensely Profound Impact of AI on Retirement Read More »
GDP growth and rates of unemployment would never be the reason to question the Phillips Curve. Simple logic indicates that there’s no link between growth and inflation, and there never has been.
There’s No Growth-Inflation Link, and There Never Has Been Read More »
Few things are more fundamental to economic understanding than the basic truth that government has no resources.
The GOP Could Have Dismissed 4.9% GDP Growth, But Instead Owns It Read More »
Sternberg fears “alchemy” blowing up in the faces of bank executives, but the more realistic truth is that there’s not enough.
Banks Deserve – and Need – Much Better Than Their Media Coverage Read More »
Why would Texas politicians, and Texas Republicans in particular, risk their hard-won pro-business brand for political posturing that vandalizes basic economics?
Why Are Texas Republicans Attacking Banks In Texas? Read More »
Bringing it back to the Republicans and the right, the rich get that way by doing remarkable things that make the U.S. the envy of the world. The rich are brilliant. Why would Republicans and the right run from what has lifted them for so long? The Party of the Rich. That’s a cool thing to be.
The Republicans Were Much, Much Better When They Were the Party of the Rich Read More »
Translated for Foroohar, worker productivity is a magnet for the very investment that pushes wages upward. All of this is and so much more is lost on Foroohar. America’s economy deserves better.
America’s Economic Pundits Don’t Deserve the U.S. Economy Read More »
That Amazon would place all sorts of demands on its third-party vendors is logical, and once again obvious. Lina Khan may know she has no case, but if she doesn’t, she could find it through the Eras Tour.
The Mindlessness of the FTC’s Amazon Lawsuit Can Be Found In ‘Eras’ Read More »
Barr’s Google attack was contradictory, which is a waste of words. Any argument suggesting impregnable monopoly is by its very description contradictory. Worse for GOP is that Barr bragged that the initial federal attack on Google came from Republicans.
Google Is Searching For the Future As William Barr Searches for Fotomat Read More »
Keynesian theory says governments can grow the economy with spending, but that too much government spending causes inflation. Monetarism, a Keynesian variant, claims that increases in so-called “money supply” power economic growth, but that too much money brings on inflation.
What Happens When Monetarist Central-Planning Marries Santa Keynes Read More »
