Here is a rundown on some of the biggest economic developments this week. 1.) Former Fed Chair Paul Volcker passes away. Paul Volcker, who’s chairmanship of the Federal Reserve played a pivotal role in...
Tag - Economics
Jonathan Decker
“Capitalist Manifesto” Makes Strong Case Against Socialism, Cronyism Ahead of 2020
This week, a timely new e-book was released making the case for why capitalism is the best system for spreading universal opulence. “The Capitalist Manifesto,” authored by supply-sider Ralph Benko and...
Bloomberg’s Entry Into 2020 Race Shows Democrats Are Panicking
Reports indicate that former New York City Mayor Michael Bloomberg is preparing the paperwork to qualify for the Democratic presidential primary in at least one state. This news comes on the heels of increasing...
Federal Reserve Under Scrutiny Ahead of Key Meeting
This week, the Federal Reserve will be in the spotlight as markets digest where the central bank stands on this rate-cutting cycle. A CNBC survey of economists and money managers showed 80 percent of respondents...
Will a Weak Global Economy Drag Down the U.S. With It?
Pundits and politicians are vociferously debating the health of the U.S. economy, but one subject that isn’t up for debate is the health of the world economy — it stinks. Economic growth has slowed...
Why Andrew Yang’s “Freedom Dividend” Would Be a Disaster
I’m going to do what the media won’t — talk about Andrew Yang. Despite being “the hottest candidate this side of Elizabeth Warren” right now, Yang was allotted less than 8 minutes of...
This Week in Economics: 3 Stories You Should Know About
Welcome back from Labor Day weekend! I hope it was a great one for all our readers. I was out in Texas for the first time, and as a good conservative, it pains me to be back in the swamp! But, lucky for us, this...
Trump’s 2020 Chances Could Hinge on China Trade Deal
Recently, the stock market has been on a wild ride after trade war escalations including the U.S. labeling China a currency manipulator, the announcement of $550 billion in new tariffs, and a confusing tweet ordering U...
Why the Fed Should Abandon Its Latest Bad, Big-Government Idea
Like many institutions in government, the Federal Reserve has dramatically increased in size and scope since its inception. The Fed was originally established to be a lender of last resort, then expanded its charter to...
Does the Gold Price Spike Mean Trouble Ahead for the Global Economy?
In a recent appearance on Fox News, supply-side economist Arthur Laffer was asked to give his assessment of the global economy after a week of market turmoil due to tariffs and currency devaluation from China. Laffer...
American Baby Bust? US Fertility Rate Hits All-Time Low
The fertility rate in the United States is at an all-time low, according to a National Center for Health Statistics (NCHS) report which came out last week. The agency, which falls under the oversight of the Centers for...
Leo Thuman
Democratic Debate, Round 2: Key Things to Watch
As the Democratic candidates prepare for the second round of presidential debates Tuesday and Wednesday night, here are four key candidates whose economic agendas I’ll be watching for: Joe Biden Biden will likely...
This Week in Economics: 3 Stories You Should Know About
This week we had some interesting economic developments in both monetary policy and regulatory policy. Here is a look at the top stories you should pay attention to: 1) House Democrats vote to raise minimum wage to $15...
Why Nancy Pelosi Can’t Stop This Trump Tax Cut
As President Trump is finding out this year, House Democrats have been an enormous roadblock to his America First agenda. House Speaker Nancy Pelosi has not only stalled immigration reform and infrastructure talks...
Inflation Ahead? Gold, Bitcoin Price Spikes Signal Weakening Dollar
Today, gold surged to a six-year high following signals from the Federal Reserve that rate cuts could be coming as soon as next month. While some believe that a more dovish Fed would be bullish for economic growth, the...
“Postal Banking”: The Latest Terrible Idea from 2020 Democrats
Recently, Senator Bernie Sanders (I-Vt.) and Representative Alexandria Ocasio-Cortez (D-N.Y.) unveiled a proposal that would cap credit card interest rates at 15 percent. As you probably surmised, enacting a proposal...
Supply-Side Hero Arthur Laffer to Receive Presidential Medal of Freedom
Next week, Donald Trump will award the Presidential Medal of Freedom to “the Godfather of supply-side economics,” Arthur Laffer. Trump’s decision to bestow America’s highest civilian honor on Dr...
Fears of a Big Tech Monopoly Are Overblown — Here’s Why
In a disappointing setback for an administration that has promoted greater economic freedom, reports indicate that Trump’s Department of Justice and Federal Trade Commission are investigating four of...
Amid Chinese Threat to Cut Rare Mineral Exports, U.S. Should Start Mining Its Own
Stocks were rocked yesterday after China’s People’s Daily newspaper published an editorial warning that China could restrict exports of rare earth minerals if trade tensions continue escalating. This threat spooked...