Headlines

"Americans face another costly holiday season owing to the heavy-handed and arguably unnecessary monetary and fiscal programs early in the COVID pandemic." ~ Peter C. Earle

Thanksgiving can be a challenging holiday for libertarians.

"Thanksgiving Day is an opportunity to praise the institutions of individualism, private property, and liberty. Despite recent disappointments, the freedom enshrined in America’s national heritage made it a rich and…

With its humble beginnings being worn by Croatian mercenaries in the Thirty Years War (1618-1648), its subsequent promotion by French absolutist monarch Louis XIV, and its continual evolution since then, the necktie has…

“Consumer sentiment fell in November and remains at recessionary levels. Inflation expectations ticked down, and long-run expectations remain well anchored.” ~ Robert Hughes

“Weekly initial claims rose to the highest level since August, and job cut announcements rose in October. Rapid price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes

“New-home sales rose in October, but so did prices and inventory. High prices, bloated inventory, and elevated mortgage rates suggest a poor outlook.” ~ Robert Hughes

The last few “Ask An Economist” questions sent my way have dealt with questions regarding money and banking, so I was happy to get a different sort of question from Heath this week.

“Durable-goods orders rose in October though growth in real durable-goods orders remains modest.” ~ Robert Hughes

"To make up lost revenue, the US industry may become more dependent on government largesse and ultimately less vibrant and dominating. Ultimately, making policy more like China risks turning US industry into something…