Is the current GDP growth the beginning of a new period of robust 20th-century-like growth? Or simply a one-time growth spurt that will revert to the anemic growth of recent decades?
Gas prices are rising primarily due to the strengthening global economy. The United States is in the midst of a 10-year economic expansion, and the unemployment rate is the lowest since 1970.
It’s that time of year when all good citizens are supposed to do their duty and go to the polls and vote. And duty it is because, on a strictly cost-benefit basis, it makes no sense to be an informed voter.
Really good article on the interventionist cycle by Bohanon & Curott on Aug. 3.
Our industries are much more concentrated and unions much weaker than the last time we had significant inflation.
Rules that restrict people from engaging in market exchanges are not only unjust—they also reduce wealth.
The state should neither mandate employer vaccines nor forbid employers from requiring a COVID vaccine as a condition of employment.
When bond repayments come due, taxpayers in the future must reduce their consumption.
While there are numerous explanations, here is one we find most important and convincing: Most of the new money is simply sitting in accounts commercial banks have at the Federal Reserve drawing interest.
A column in IBJ was woefully incomplete by their deliberate failure to recognize a market force (our anti-trust laws) that protects consumers and competitors for the benefit of our economy.
If Congress cannot stop overspending, the tax revenue has to come from somewhere and it has to come from where the money is at.
If for-profit firms are consistently mismanaged, eventually this reflects in subpar earnings. The investor’s escape hatch is selling one’s shares.
I think most people do not realize the difference between Social Security/Medicare, which everyone pays, and income taxes.
I enjoyed reading the article “No enthusiasm for cuts among those not taxed” by Cecil Bohanon and Nick Curott in the Indianapolis Business Journal [Nov. 20]. An additional note that I have never heard mentioned on the topic is the impact of refundable earned income tax credits. I don’t think most people are aware that many low-income individuals […]
