Keyword: economics
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Last Sunday night, Sean Payton sat in his office at the Denver Broncos facility, watching film of his opponent in the upcoming AFC Championship Game: the New England Patriots. He wanted to have the Los Angeles Rams-Chicago Bears divisional round game on in the background. He turned on one of the flatscreens in his office. He flipped around, somehow ending up on Nickelodeon and "Dora the Explorer." He finally found the right channel, just in time for the Bears to make a critical decision on their first drive. On fourth-and-2 from the Rams 21, they elected to skip a gimme...
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đ¨ HOLY CRAP! Scott Bessent just PUMMELED Gavin Newsom in Davos "He's here this week with his billionaire sugar daddy, Alex Soros!" đĽ "I think it's very, very ironic that Newsom â who strikes me as Patrick Bateman meets Sparkle Beach Ben â may be the only Californian who knows less about economics than Kamala Harris!" BOOM!
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President Donald Trump wants to bar major investors from purchasing homes, as a housing shortage pushes home prices further out of reach for many Americans."I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it," Trump said in a social media post. "People live in homes, not corporations."He said he would further elaborate on the proposal at a speech in Davos, Switzerland for the World Economic Forum, the annual gathering of chief executives, foreign leaders, and ultra-wealthy figures. No details were provided on how the ban...
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A great crisis in 2008, followed by an even greater one in 2020, as an "authoritarian, severe, unyielding" leader from the baby boomer generation resists a historic moment of change afoot in the US. Would you believe this was all predicted almost 25 years ago? In a book championed at the highest levels of the Trump administration, no less? Oh, and it was also written by the guys who invented the term "millennial." It was all prophesied in 1997 in Neil Howe and William Strauss' "The Fourth Turning," and, depending on who you ask, it was either a breakthrough in...
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How many times does an undergraduate economics student hear the name âHayekâ in his or her courses? The answer, in most programs, is close to zero. This is surprising. Friedrich Hayek remains one of the most cited Nobel laureates in economicsâsecond only to Kenneth Arrow in mentions and citations in Nobel lectures, according to research from Kingâs College London. His ideas on the knowledge problem and the economic calculation debate are fundamental to understanding the limits of central planning and the role of markets. And yet, in most classrooms, Hayekâs name never appears. Why? Because economics education today is not...
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Dressing up like Wolverine or Cersei Lannister is probably more fun than scouring the classifieds for menial jobs. Imagine you're a college graduate stuck in a perpetually lousy economy. That's a problem Japanese twenty-somethings have faced for more than 20 years. Two decades of stagnation after the collapse of the 1980s real-estate and stock bubbles â combined with labor laws making it tough to fire older workers â have relegated vast numbers of Japanese young adults to low-paying, temporary contract jobs. Many find themselves living with their parents well into their twenties and beyond, unmarried and childless. Then again, they...
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Pseudo economics savant Paul Krugman just canât give up trying to sell the snake oil of Bidenomics as being the unsung hero of the economy that the supposedly dumb plebeians just couldnât appreciate. Seriously, bro. Just take the âLâ and move on. Krugman plastered another piece of rambling gobbledygook on his Substack page November 16 trying to draw parallels between the Trump and Biden economies. Unlike Trump, snooted Krugman, there was a âsurprisingly strong case for Bidenomics.â Oh, but wait! He took it a step further: He referred to the inflationary disaster President Joe Biden inflicted on the economy with...
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If wealth were altogether bad, why would we give it to the poor? That would only make their situation worse, right? The very fact that God wants us to give wealth to those who do not have it proves it is intrinsically good. So we must affirm the âgood of affluence,â as John Schneider has put it, even as we also reckon with its dangers. We can be âgodly materialistsâ (again, Schneider) but must always remember that our godliness should drive and control our pursuit of and use of material things. It is possible to have holy ambition that is...
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There are no effective replacements for capitalism. The question is: what is the Christian responsibility for the proper functioning of it, and to what extent can we steer the whole of capitalist production to serve genuinely human ends as they are articulated by the Christian faith? Now that will be my question. One of the things about capitalism, about economic opportunity is it provides a person a really fundamental, almost elementalâ element of hope in their lives so I can improve my lot in life; I can do better; I can provide for a family; I can be elevated and...
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Obviously both are important and require a massive shift away from the status-quo, but if you had to pick one, which is more critical for the well-being of America?I'd personally think immigration reform is slightly more important, but understand if that's not as critical to some others.
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This year rewards theorists of creative destruction. The 2025 Nobel Prize in Economics honors three economists whose work embodies an idea first coined by Joseph Schumpeter: creative destruction. Joel Mokyr, Philippe Aghion, and Peter Howitt have each advanced our understanding of how technological progress drives human prosperity. As Schumpeter described, every technological advance has two faces. It destroys by rendering old methods obsolete, yet it creates by flooding the market with new goods and more efficient ways of meeting human needs.The Nobel Committeeâs focus on creative destruction feels particularly relevant today, in an era dominated by fears over artificial intelligence....
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In September 2025. France's government collapses. Prime ministers ousted one after another. Protests engulf Paris. Debt spiraling past 110% of GDP. Energy prices up 40% since 2022. The headlines blame political chaos, budget cuts and Macron's failures. But that's not the real story.
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Vladimir Putin is preparing to hit wealthy Russians with higher taxes to fund his war in Ukraine. The Russian president announced this week that the Kremlin was considering âreasonableâ measures on the rich, such as increasing levies on dividends or raising tax rates on luxury goods. He said: âIn the United States during the Vietnam War and the Korean War, thatâs exactly what they did. They raised taxes specifically on people with high incomes.â It comes as Putin struggles to bankroll his war in Ukraine, with the most recent figures showing that the countryâs national wealth fund stood at $36.4bn...
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Any time I see a Frederic Bastiat book appear on LibriVox for work and especially when they are completed I am always happy about these. Bastiat has many books already on LV, I would highly recommend them. Bastiat's work is wonderful and his logic in economics is direct and on point. Today's release (about a week ago) is Bastiat's work "Economic Sophisms". The work is described thus: Bastiat speaks with the greatest force to the highest order of intellects. At the same time, he is almost the only Political Economist whose style is brilliant and fascinating, whilst his irresistible logic...
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A massive coalition to overturn the Supreme Courtâs ill-conceived 2015 ruling instituting same-sex âmarriageâ was announced yesterday night in Washington D.C. While LGBT activists and their woke allies have for decades asked, âHow does my gay marriage affect you?â the panelists at the National Conservatism conference (NatCon 5) answered resoundingly, âIn the worst way possibleâ when it comes to kids. For years, homosexual activists have portrayed themselves as victims of heteronormative culture as they sought to establish the right to legally marry, to obtain children, and to claim an array of additional LGBT imagined ârights.â They argued that there would...
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In July 2025, the U.S. unemployment rate was at 4.2% â which, historically speaking, is rather low. But that doesnât mean that all job seekers are thriving.An NBC News analysis of U.S. Census Bureau data finds that the unemployment rate among men ages 23 to 30 with a bachelor's degree has reached 6%. By comparison, the unemployment rate among women with a bachelor's degree in that same age range is 3.5%.During the pandemic, the term âshe-cessionâ was created to illustrate just how unfavorable the economy was for working women at the time. Now, with many young men struggling to find...
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After five brutal months of unrestricted lawfare against the Trump Administration, it looks like the Supreme Court will finally weigh-in on tariffs. On August 29, 2025, a Federal Circuit Court of Appeal decided that President Trumpâs reciprocal tariffs were illegal. Specifically, the Court ruled that the International Emergency Economic Powers Act does not authorize the President to impose tariffs of unlimited duration, on all goods from all countries. This is because tariffs are not mentioned in the Statute, and even if they were, the tariffs are not credibly related to a national emergency. The Trump Administration is appealing. Solicitor General...
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When our founding fathers establish this republic, they created a political and economic system unique among nations a system which has led the united states to the very pinnacle in wealth and in world leadership. This series of programs is being presented to help all of us understand better our advantages under our American way of life For today's topic let's join now a group of young people at the National Program workshop in Searcy, Arkansas. At the classroom lectern is Dr. Clifton L. Ganus jr., noted young historian.
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U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said. Expanding on a plan to receive an equity stake in Intel, a White House official and a person familiar with the situation said Lutnick is exploring how the U.S. can receive equity stakes in exchange for CHIPS Act funding for companies such as Micron Taiwan Semiconductor Manufacturing and Samsung. Much of the funding has not yet been dispersed.
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President Trump blasted India with 50 percent tariffs. The full force of these tariffs will come into effect on August 27, 2025. President Trumpâs instincts are spot on: India is on the verge of becoming China 2.0. Unfortunately, the tariffs will do little to stop this. Why? Because India isnât coming for our manufacturing. Theyâre coming for our technology sectorâand theyâve been remarkably successful both at scooping up jobs, and flying under the radar. Consider that America lost roughly 5 million jobs to China since 2001. During the same period, America lost up to 4 million technology jobs to India....
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