Tag: Economy

The US Labor Department reported on Thursday that the jobless rolls continued to grow due to the Covid-19 lockdown, with 6.6 million Americans filing first-time unemployment claims in the week ending April 4.The figure nearly matches the jump registere…

US West Texas Intermediate (WTI) surged 12 percent on the report

What or who is to blame for negative views of self-ownership?

Those with detailed knowledge of the disease (the experts we have been told to obey) do not have sufficient knowledge of the consequences of their “solutions” for the economy and society

Government spending soars during pandemic

Economic activity plunged 32 percent in the last two weeks of March

Instead of planning for hard times, these corporate welfare machines called “airlines” use resources to inflate stock value and pad executive salaries

The quality of the models being used by politicians to set COVID-19 policy is only as good as the data collected. Unfortunately, the data is not very good. Meanwhile, real costs arise from the ruined economy

If buyers aren’t allowed to compete in terms of prices, they’ll be forced to compete in terms of time waiting, distance traveled, or other real costs

Modern central banks have already moved far beyond what was once considered the proper role for a central bank as a “lender of last resort.” Now Keynesians and MMTers want to take things even further

Program allegedly helps small businesses, but actually another massive handout to big banks

During the COVID-19 pandemic, this difference in thinking causes them to wrongly accuse economists of “prioritizing money over lives.”