The official policy goal of the Federal Reserve and other central banks is to generate 3% inflation annually. Put another way: the central banks want to lower the purchasing power of their currencies by 33% every decade. In other words, those

MSNBC and CNN both refused to show Trump’s latest speech because it would give their viewers a glimpse of truth

A provocative essay, Don’t Blame the Robots, makes the bold claim that “Housing Prices and Market Power Explain Wage Stagnation.” (Foreign Affairs) In other words, the stagnation of the bottom 95% of wages isn’t caused by automation or offshoring, but by the

The world could be changed forever if North Korea’s recklessness continues

‘I’m glad we could bring these barbarians a step closer to collecting their 72 virgins,’ Robbie Travers wrote on Facebook.

Singaporean photographer given exclusive access to record from a small aircraft.