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There Are no Free Lunches

A recent OpEd article published by the Hill proposes taxing foreign investment to the United States. It refers to such a tax as a Market...

Understanding the Debt Ceiling

The Treasury Secretary Janet Yellen recently warned Congress about the threats of the debt ceiling not being raised. This was a bit...

The FED Hit the Panick Button

On Wednesday the 16th of June, the FED prioritized fighting inflation over fighting unemployment. This happened six days after a CPI...

Closing Billionaire Tax Loopholes

A recent ProPublica report has uncovered shocking details about how little Elon Musk, Jeff Bezos, Warren Buffet and Michael Bloomberg...

Work Ethic for Thee But Not for Me

Twenty five Republican-held states are ending enhanced unemployment benefits in June or July before they are set to expire in September...

Don't Be JOLTed by Job Openings

The Job Opening and Labor Turnover Survey (JOLTS) for April was published yesterday. It shows job openings, graphed below, at an all time...

America Might Be the Next Europe

In Europe, macroeconomic policy is decided by the competition of two factions: rich states and poor states. Rich countries like Germany...

Responding to Critics - Housing Bubble

In an earlier blog post, reposted on another blog, I argued that current reporting on the housing market frenzy was intentionally...

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