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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

Nissan issues ‘do not drive’ warning for 84,000 older-model vehicles over Takata air bags

Author May 31, 2024

Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags. The warning affects certain

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Categories Economy

Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

Author May 31, 2024

U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according to Bank of

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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

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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