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When money becomes less valuable and costs rise, the money you have saved affords you exponentially less. In the short term, you may not notice the difference. According to the U.S. Bureau of Labor Statistics, $1 in June 2020…

"Interest rates on mortgages were 2.66 percent just two and a half years ago. Why the sudden increase in rates? The Federal Reserve increased the money supply and generated the worst inflation in many years." ~…

“The right to strike is a fundamental human right.” That quote was attributed to someone on strike in a story about recently heightened labor unrest in America, including unionization campaigns, efforts to raise minimum…

Upon discovering the freedom philosophy, many people feel as though they have discovered the solution to society’s problems. And indeed, they have discovered a critical part of it, namely, the rules and social institutions…

"People have renegotiated their wages and purchase orders with those new expectations in mind. To course correct at this late stage would amount to a very painful contraction." ~ William J. Luther

Oliver Anthony’s song “Rich Men North of Richmond” is the most talked about song in America. Released just this month, the Virginia native’s blue-collar tune is already approaching 40 million views on YouTube and landed on…

For “Ask an Economist” this week, I have two questions from J.R. He says, “My question is what happens when the government continues to spend out of control where it potentially out spends its ability to pay its bills/debt?

It’s back-to-school season and that’s prompting concerns about further shortages of medications to treat attention deficit hyperactivity disorder (ADHD).  Last fall, the US Food and Drug Administration (FDA) declared a…

August has been a hot month here in Georgia and in many other states. The heat wave is roasting southeastern France as well, where “red alerts” are warning people and their animals to take cover. That news recalled another…