Headlines
Do ‘Junk Fees’ Really Deceive Consumers?
The latest in the government’s war against the economy: Joe Biden has announced success in eliminating so-called “junk-fees,” an unpopular aspect to many purchases. Celebration, however, is misplaced. After meeting with…
The Inverted Yield Curve and Next US Recession
"When will the start of the next recession be recognized? On average since 1980 the NBER has waited eight months before assigning a starting date (and fifteen months to assign ending dates), so if the next recession were…
5 Reasons People Often End Up With Credit Card Debt
Today, we are seeing more credit card debt in the US than previously recorded. According to a recent report, Americans have accumulated a whopping $986 billion in credit card debt. Equally alarming is that Gen Z is currently…
Why It’s a Mistake to Blame Taylor Swift—or Businesses—for Rising Prices When ‘Swifties’ Come to Town
Taylor Swift’s recent visit to the city of Pittsburgh left some with a bad taste in their mouths. As one incensed citizen writes in a letter to the editor, “It’s a shame when people visiting Pittsburgh for a reunion, wedding,…
Global Well-being Inequality Is Falling!
"The Human Progress Index (HPI), amalgamates eight important indicators of well-being from 1990 to 2018: infant mortality, life expectancy, nutrition, deaths from outdoor air pollution, schooling, political liberty,…
California’s New ‘Gas Price-Gouging Law’ Flunks the Basic Economics Test
Gov. Gavin Newsom (D-CA) took to Twitter earlier this week to crow about California ’s “first-in-the-nation” gas price-gouging law designed to prevent oil companies from overcharging consumers. “A NEW independent watchdog —…
Biden Begins Shadow Loan Forgiveness Plan
Last week, the Supreme Court ruled against the Biden administration’s student loan forgiveness proposal which would have forgiven $10,000-$20,000 of student loans per borrower. But the fight for student loan forgiveness isn’t…
Bidenomics Is a Big Bust
Word out of the White House is that President Joe Biden wants to tout his economic successes. He's even embracing the slogan "Bidenomics" — which most people think is a term of as a term of derision and policy…
Bidenomics Is a Big Bust
Word out of the White House is that President Joe Biden wants to tout his economic successes. He's even embracing the slogan "Bidenomics" — which most people think is a term of as a term of derision and policy…
Carl Sagan Warned Us about Government Schools Decades Ago
My wife and I recently met with the principal of the school our daughter attends to discuss her education future. My daughter, who turns 12 in a few days, wants to go to a different school in the fall, largely because many of…
