The Federal Trade Commission (FTC) is seemingly at war with Amazon. In September, the FTC, along with 17 state attorney generals, filed a lawsuit alleging that Amazon engages in actions…
The Bureau of Labor Statistics (BLS) released its numbers for inflation in October today and they showed inflation slowing from September’s rate of 0.4% to 0.0%, or no change in the Consumer Price Index.…
One way to generate increased per-worker output — which is the essence of economic growth — is to increase the amount of capital per worker. How can policy drive that? One lever…
According to data from the Bureau of Labor Statistics (BLS), in 2022, about 44 percent of all workers aged 25 and over had a bachelor’s degree or higher. But in…
The Bureau of Labor Statistics (BLS) released its numbers for inflation in September today: The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in September on a seasonally adjusted…
Yesterday, I wrote about how “supply shocks” can generate inflation independently of whatever the central bank might be doing to the money supply. A classic example is the “oil shock” of the…
Last year, I wrote about a paper by economists by economists James Cloyne, Joseba Martinez, Haroon Mumtaz, and Paolo Surico which found that: A corporate income tax cut leads to a sustained increase…
Most of the consequences of any action are unintended consequences. Hiking the minimum wage, for example, is intended to raise the wages of workers, but other — unintended — consequences are, according to research,…
It is often argued that, at the federal and state level, “the rich” and their corporations use their wealth to influence policy in their economic interest. An example is found…
On Sunday morning, I appeared on Fox and Friends to discuss a New York judge’s decision to temporarily block a planned city-ordered pay hike for food delivery workers. The New York Daily News reports…
Not long ago, policymakers like Rep. Alexandria Ocasio-Cortez were enamored of something called Modern Monetary Theory (MMT). This theory starts with a banal observation — that a government that issues the currency its debts…
An anti-capitalist cafe that opened last May in Toronto, Canada, announced last week that it was going to close on May 30 due to failure to, wait for it, make…
A couple of weeks ago I wrote about South Dakota’s relative economic success. What may have also struck you about that story is how badly the economy of North Dakota has…
KXNET reports: Kevin O’Leary, aka Mr. Wonderful, and his team have partnered with North Dakota to invest $45 million into early-stage companies. … Called the Wonder Fund, the new partnership looks to…
These articles originally appeared at Econlib in December, 2022 1922 – 1988 At the Irish Free State’s birth in 1922, hopes were high that independence from Britain – what the 18th century…
On Sunday, I wrote about the collapse of Silicon Valley Bank (SVB), “the largest U.S. banking failure since the 2008 financial crisis and the second-largest ever.” Depositors with up to…