economy

We experienced double-digit inflation between 1974 and 1981, hitting 14% in 1980. The U.S. has dramatically reduced inflation since then.

For a century, economists explained the value of goods based on the labor required to make them.

The estimated tradeoffs for this meager increase in income is the destruction of 1.4 million jobs, a slight decline in the overall economy, increased inflation, more government debt, and greater burdens on taxpayers.

The important task for those who value personal freedom, economic liberty and the free market economy is to disabuse our fellow citizens from thinking that what we have is a fully capitalist system

California just experienced a catastrophic loss from the COIVD-19 impact on the economy, as one of its major refineries, Marathon Martinez, has just announced it will be idled indefinitely.

Retailers are asking customers to use credit or debit cards, and some are refusing to make change in coins. They say it’s because of the novel coronavirus. The virus may be playing a part; but, there’s more to the coin shortage.

The American economy is too dependent upon China to quickly reverse course.

It’s time to reopen the economy. Society has a hold on COVID-19.

Trumpnomics is it’s own unique mix of economics values. Darren Brady Nelson breaks down how this has worked for the United States.

Whether school closings and stay-at-home orders slow an outbreak is an important and really challenging research question. This question must be answered before we compare economic costs and health benefits.

For decades, the state that has been dominated by one-party that has been laying the foundation for a budget catastrophe.

At the end of April, Illinois utility regulators issued a call to repeal a pro-consumer federal order, called the Minimum Price Order Rule. Here’s what this means.

The collectivism virus need not destroy us, if we immunize ourselves with the philosophy of liberty and market liberalism.