Regardless of where you stand in regard to the American Rescue Plan, it is mind-boggling to see how little anyone in positions of political responsibility seems to care about the debt, perhaps the single most important issue facing the U.S. economy in the next few years. The same can be said of most advanced...
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Isn’t it time the politicians and bureaucrats who run the government reined in their opiate addiction and went into rehab?
The new financial crisis could have been avoided, if only a bipartisan majority of politicians in Washington, D.C., could have restrained the growth of their spending to sustainable levels.
The core of the story is a sophisticated character study that will leave many in the audience pondering the meaning of friendship, loyalty, betrayal, and ethics.
The sale of U.S. Treasuries in a relatively short period of time appears set to cause problems in global credit markets.
Corporate debt was not one of the big culprits of the financial crisis a decade ago. But it might well be next time around.
Sometimes fiction offers better lessons in political economy than reality.
Hell or High Water, one of the most talked about films of 2016, is billed as a modern-day western, “heist crime,” or Bonnie and Clyde. A contemporary western is more apt, and its excellent acting, steady pace, tight story and screenplay will likely make it an Oscar contender. The film also makes me yearn...
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Conservative Party MEP Daniel Hannan was perhaps the first major member of the European Parliament to rebel against the socialism of the European Union (EU) and its creation of the financial debacle of Europe. He has called for the disintegration of the EU and for his attempts, he has been silenced and then expelled...
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In 1971 George Stigler published his “Theory of Economic Regulation” in which he hypothesized that regulatory agencies tend to be “captured” by the organizations they are regulating, so that the regulated organizations benefit at the expense of the general public. Stigler’s capture theory of regulation is playing itself out again in the financial market...
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