The Myth of National Defense Spending
2024-03-01
Among the most persistent of myths in the sphere of economics is of the supposed benefits of government spending in the economy. Apologists will include government spending in gross domestic product measures, as if government production is truly “productive.”
The Fed’s Milkshake Brings All the Foreigners to the Yard
2024-03-01
Tu ne cede malis, sed contra audentior ito
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Real Wages Turn Negative Again as Price Inflation Refuses To Go Away
2024-02-27
According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in January accelerated, and price inflation hasn’t proven nearly as transitory as the regime’s economists have long predicted. According to the BLS, Consumer Price Index (CPI) inflation rose 3.1 percent year over year during January, after seasonal adjustment. That’s the thirty-fifth month in a row of inflation well above the Fed’s arbitrary 2 percent inflation target. Month-over-month inflation accelerated, with the CPI rising 0.3 percent from December to January. Month-to-month growth had been 0.2 percent from November to December.The ongoing price increases largely reflect growth in prices for food, services, electricity, and shelter. For example, prices for “food away from home” were up 5.1 percent
A Chance to Double Your Gift!
2023-12-01
Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match donations received through December 11. That means your $10 donation becomes $20, your $25 donation becomes $50, and so on. For the last nine years, Gary has kickstarted our year-end campaign with his matching gift. He’s ready to match your gift today!
With a donation of $25 or more, you’ll receive a copy of Dr. Joseph Salerno’s The Progressive Road to Socialism. And, thanks to Gary, your donation doubles. Please donate today.
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