The Guardian reported,A new report claims “resounding evidence” shows that high corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs drop.The report, compiled by the progressive Groundwork Collaborative think tank, found corporate profits accounted for about 53% of inflation during last year’s second and third quarters. Profits drove just 11% of price growth in the 40 years prior to the pandemic, according to the report.Is this true? Unraveling this mysterious relationship between corporate profit and inflation is easy once we clearly define what profit and inflation are. This allegation that corporate profits accounted for 53 percent of inflation is a result of using wrong definitions and reasoning by

According to progressive elites, it is terrorism if consumers boycott businesses because of their leftist policies.

Original Article: "Is Boycotting Target a Legitimate Protest or an Act of Terrorism?"

N discussing the recent boycott of Target, University of Michigan economics professor Justin Wolfers recently told MSNBC:
[If] Target caves into this, then it says that the moment you threaten the employees of even a very large corporation, you get to control its policies. This is economic terrorism, literally terrorism, creating fear among the workers and forcing the corporations to sell the things you want, not sell the things you don’t.
Professor Wolfers is wrong on multiple fronts. First, boycotting products of a company is not an act of terrorism. Boycotting a person, a store, or an organization is to engage in a concerted refusal to have dealings with it, usually to express disapproval or to force acceptance of certain conditions. On the other hand, terrorism is an act of violence