Economics

A recession is coming in 2023, concluded more than two-thirds of the economists at big financial institutions recently surveyed by The Wall Street Journal. Inflation is also likely to remain high. Measuring year-over-year inflation by the…

Free traders on the left and the right routinely excoriated Donald Trump for his willingness to implement tariffs on foreign imports. With the election of Joe Biden in 2020, many hoped the incoming president would reverse the former…

You may be familiar with the GameStop and AMC fiasco that happened in 2021 when Robinhood, a stock trading app, halted investors’ ability to buy or sell their stocks while those stocks were significantly rising in price. This was a clear…

Over the past few months, a great deal of attention has been focused on the Biden administration’s decision to draw down the Strategic Petroleum Reserve (SPR), a blatant attempt to manipulate the price of oil to desperately drive down…

The so-called “Inflation Reduction Act” was signed by President Joe Biden on Aug. 16. On Aug. 24, a mere eight days later, the same president announced his student debt “forgiveness” decree. Let’s, for the sake of argument, momentarily take…

Did you know you just got a $1,200 raise? Well, you did, according to CNN at least. “Next time you stop at a gas station, think of it as a $100-a-month tax cut. Or a maybe $100-a-month raise,” Chris Isidore urged in an absurd CNN Business…

While peddling the ludicrously named “Inflation Reduction Act” on CNN this past weekend, Joe Manchin claimed that Democrats were merely trying to “close the loopholes and collect the taxes that are owed to the Treasury and the United States…

In 2009, mired in the slowest recovery in American history, the Obama administration decided to dispense with antiquated economic metrics and cook up a new, non-falsifiable number that would better accommodate the president. And so, we were…

Democrats have spent decades warning that the United States must stop using the most efficient and affordable energy sources or it will be consumed by heat waves, fireballs, and cataclysmic weather events. Every flood, every hurricane—every…

Surging gasoline prices eclipsed $5 for a gallon of regular unleaded over the weekend in a new nationwide average as Americans cope with inflation and high power prices. According to AAA, the average price for a gallon of regular gasoline…