economics

President Biden’s recent move to ban U.S. investment in “sensitive” Chinese companies will not work. As is, U.S. investment funds all sorts of Chinese innovations despite all manner of rules in China that dis-allow foreign investment. Capital moves faster than government, obviously. Assuming Biden could ban U.S. investment into China, what a shame. When it comes to innovative companies, they generally get to choose their investors.

The simple truth is that if the Fed were as powerful as the various religions want it to be, the U.S. economy would always be in decline. Yield-curve obsession is powerful on the score of nothingness.

Parkinson was spared becoming a 3rd generation miner by progress, which is what global trade embodies.

Every dollar the federal government taxes or borrows away is an extra dollar of control that Congress has over the economy. This is why Republicans should cheer any uncapping of the SALT deduction. Instead, they’re fighting against it. They claim it would be a tax cut for the rich (why that’s bad has never

Senator Schumer thinks orange juice costs too much, while Senator McConnell thinks chocolate milk has become too pricey. Jerome Powell fears the cost of eggs. All of the above is hypothetical, but what might your response be to laments about prices from political higher-ups? Hopefully it would be disdain. Prices in market economies are

In the early 1920s, radios were the pricey, must-have gadgets of the day. And as all transformative market goods are, they started out expensive only for RCA (the Apple of its time) to render common what was once a luxury. One hundred years later, those with internet access can listen to radio stations around the