Economy

Greg Mannarino: ‘Scapegoat Economics’ and the Dark Secret We Are Not Supposed to Know

Market analyst Greg Mannarino has been pretty spot on when discussing the planned destruction of the United States dollar and the takedown of the middle class. He says what is happening right now is “scapegoat economics” as the Federal Reserve creates an “inflation machine.” Article by Mac Slavo at SHTF Plan. Mannarino says that the recent pipeline attack...

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Aaron Renn Says ‘Business-Friendly’ Is Fine, but Red States Need to Be ‘Citizen-Friendly’ as Well

Today, The Two Mikes discussed the economies of the states located in America's Mid-West Heartland — focusing on Kansas and Indiana — with renowned economist and urban-studies specialist Aaron Renn. "It struck me for a while that you always hear red states talk about how business-friendly they are, but you never hear them talk about how citizen-friendly they...

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What happens when governments force corporate boards to appoint more women?

A controversial new law in California requires publicly traded companies headquartered in the state to include at least one woman on their board of directors. Supporters of those types of laws even contend that gender quotas could boost firm profitability. However, the literature indicates that gender quotas are unlikely to enhance firm performance. What is also shocking is that research argues that...

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Johns Hopkins economist explains why true cost of Biden’s spending plans could be $17.1 trillion—3X higher than advertised

In just his first 100 days, President Biden has rolled out ambitious spending plans meant to vastly increase federal funding for everything from infrastructure to jobs to families. The whopping $6 trillion price tag on these combined proposals has raised many eyebrows about how a nation more than $28 trillion in debt can afford such a splurge. Article by Brad Polumbo...

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America’s semiconductor industry crisis

For the past four years, the Department of Defense has been warning of a problem with the supply chain providing semiconductors and microelectronics. The demand would outstrip the supply.  Much of the concern centers on the U.S. dependency on China and other Asian suppliers for semiconductors and other electronic components. How did this dependency happen, you ask? Joe...

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The faith of entrepreneurs

Ludwig von Mises didn’t like references to the "miracle" of the marketplace or the "magic" of production or other terms that suggest that economic systems depend on some force that is beyond human comprehension. In his view, we are better off coming to a rational understanding of why markets are responsible for astounding levels of productivity that can...

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Bitcoin and a lesson in electricity markets

In their desperation to find a reason for why bitcoin is terrible-bad-destructive-awful and morally reprehensible, the crypto-obsessed authors of the Financial Times blog Alphaville – Jemima Kelly, Jamie Powell, Izabella Kaminska – are quickly running out of good choices. Article by Joakim Book from AIER. Their latest one is the “environmental FUD” – a classic in our world of environmentally obsessed elites,...

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