April 2025 Manufacturing Business Outlook Survey: “The index for new orders also fell sharply, from 8.7 in March to -34.2 this month, its lowest reading since April 2020.”
Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to one, leading to a permanent expansion of government power. After the crisis ends, government retreats—but not to the point where is was pre-crisis.
Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to one, leading to a permanent expansion of government power. After the crisis ends, government retreats—but not to the point where is was pre-crisis.
Trump demands more easy money and lower interest rates. Powell isn’t dovish enough for Trump.
Students and general readers will find in this 201-page book a systematic—yet concise and focused—presentation of the main topics in economic analysis from the perspective of the Austrian School.
Jamaica has emerged as a prime destination for investment under the leadership of Prime Minister Andrew Holness. The country has fostered a business-friendly environment.
President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. While the idea might be popular with some, it can only lead to disaster as things surely will spiral out of control.
By trying to deport foreign student Rumeysa Ozturk for simply writing an op-ed in a student paper critical of Israel, the Trump administration and its supporters quickly forget that their actions are part of a slippery slope that imperils free speech in this country. It doesn‘t end here.
President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. Escalating the disastrous War on Drugs by incorporating the failed strategies of the War on Terror is a terrible idea.
The central bank monetary shenanigans in both Europe and the US no longer can be ignored or covered up. Unfortunately, as their economies falter, the Fed and the European Central Bank will resort to even more financial trickery to cover for previous monetary foolishness.