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Categories Economy

Global debt has grown to $315 trillion this year — here’s how we got here

Author May 31, 2024

The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt wave has been

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Categories Economy

IRS announces Direct File as permanent free tax-filing option starting next year

Author May 31, 2024

The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would become a permanent

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Categories Economy

Orange juice prices are going through the roof — forcing some makers to consider alternative fruits

Author May 31, 2024

Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and forcing some makers

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Categories Economy

McDonald’s exec says average menu item costs 40% more than in 2019

Author May 31, 2024

A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald’s USA, said in an

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Categories Economy

Helping Social Security by Helping Yourself

Author May 31, 2024

A man of retirement age considers his professional options. In the United States, the federal debt continues to climb at an alarming rate.

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Categories Economy

“A Child Is Not the Mere Creature of the State”

Author May 31, 2024

The first day of June in 2024 marks the ninety-ninth anniversary of Pierce v. Society of Sisters, the landmark Supreme Court decision

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Categories Economy

Communism’s Routine Evil: East German Edition

Author May 30, 2024

East Berliners escape to the West through a hand-dug tunnel in this undated photo. Dessau, August 1990 Peter Santucci had just moved to East

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Categories Economy

Why Does the Federal Government Borrow? 

Author May 30, 2024

Recently, White House Council of Economic Advisers Chair Jared Bernstein was featured in a viral clip in which he appears to flub

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Categories Economy

On the Efficiency and Morality of Free Markets

Author May 29, 2024

President Ronald Reagan with Prime Minister Margaret Thatcher at Camp David. 1984. With ever-more people on the political right rejecting the economics of

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Categories Economy

Robinson-Patman Deserves Last Rites, Not Resurrection

Author May 29, 2024

Front window of an A&P, the largest chain department store when the Robinson-Patman Act was passed. 1924. The 1936 Robinson-Patman Act (RPA), once

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