Police have long shown a preference for enforcing petty laws against petty offenders. After all, real violent criminals fight back. The current COVID-19-induced crackdown on business owners has made things even worse
The current crisis for airlines is even worse than it was after 9/11
Understanding debt is straightforward: it is the money the government borrows to finance expenses that exceed tax revenue
At some point in early April, the official narrative switched form “don’t let hospitals get overwhelmed” to “you’re locked down for years until there’s a vaccine.”
To be clear, the researchers are neither producing a vaccine nor a cure, but instead a potentially highly effective treatment for severely ill coronavirus patients which operates on the principle of “so-called passive immunization”
More money creation doesn’t necessarily mean higher consumer prices. But, if production is falling while consumers use their stimulus checks to buy food and clothing, we could see noticeable price inflation
When it comes to understanding business cycles, Austrian school scholars stand on firm ground while critic John Tamny is all at sea
The oil industry became one of the main areas of malinvestment in the years of massive liquidity and low yields. This perpetuated excess capacity and kept inefficient companies unnecessarily alive
Why silencing dissenting opinions is wrong
The ECB launched the controversial plan to boost the economy and keep inflation levels close to two percent back in 2015
“We’re being forced to destroy our harvests,” cattle raiser warns of coming beef shortage
Landlords invest their stored labor—savings—at a risk and with the knowledge that they won’t recoup it for some time. In creating or renovating rental properties, they aid those who can’t store their labor yet—tenants and laborers
Those who really want to help people in poor countries should turn to free trade, not to yet another welfare program
France faces a future of spiraling debt and declining economic growth. So Emmanuel Macron has now embraced economic nationalism as a way out. It’s not likely to work
Giant elliptical galaxies hold many more stars and have low rates of potentially lethal supernovae