Economy

The cause of public health represents an alliance between medical knowledge and political goodwill. Yet, if the measures justified by those in charge of public health policy are based upon…

Total housing starts fell to a 1.724 million annual rate in April from a 1.728 million pace in March, a 0.2 percent decrease. From a year ago, total starts are…

Following a narrow 49-51 defeat of a bill to extend abortion rights at the federal level, Senator Elizabeth Warren (D-MA) sounded an alarm that it was time to end the…

Reprinted from Inside Sources Baby formula was in the news earlier this year because of what was perceived to be among the worst baby formula safety concerns and supply shortages…

We have been living under an illusion that the relationship between nominal GDP and the quantity of circulating currency is dead. This illusion began in 2008, when the Federal Reserve…

Reprinted from Alt-M In a thought-provoking article published by the IMF in April, Ruchir Agarwal and Miles Kimball argue for moving away from a “paper money standard” and toward an “electronic…

Retail sales and food-services spending rose 0.9 percent in April following a 1.4 percent gain in March, with the increase from a year ago coming in at 8.2 percent (see…

American households are more likely to own a gun than a swimming pool, an electric car, or a pet cat. Pew Research data show that roughly one-third of Americans own…

Industrial production increased 1.1 percent in April following a 0.9 percent gain in March, a 1.0 percent increase in February, and an 0.8 percent rise in January. The gains result…

One of the fundamental lessons of Econ 101 is captured in the acronym TANSTAAFL (pronounced “tan-stah-full”): “There ain’t no such thing as a free lunch.” Of course, this acronym isn’t…