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Since becoming the head of the Catholic Church in 2013, Pope Francis has not shied away from the political domain. Recently, the religious leader used the COVID-19 pandemic to renew his criticisms of free-market capitalism. “The fragility of world...
My wife and I recently hired a financial advisor who is helping us map out our financial future. He seemed stunned that we didn’t want to take advantage of the US tax code’s 529 provision, which helps parents save for their children’s education...
When I write about socialism, I often point out that there’s a difference between how economists define it (government ownership, central planning, and price controls) and how normal people define it (lots of taxes, redistribution, and...
As the COVID-19 catastrophe unfolded, the Federal Reserve intervened swiftly in financial markets. Many praise the Fed’s response, including its new role as the “market maker of last resort.” Others are impressed the Fed steered clear of politics...
Elon Musk dropped an economic truth bomb on Joe Rogan’s podcast a couple of months ago. “If you don’t make stuff, there’s no stuff.” Obvious? You’d think so. But, as Musk pointed out, our economic policies throughout the COVID-19 pandemic have...
Joe Biden revealed on Thursday the first part of “Build Back Better,” his plan for economic recovery from the COVID crisis. As Morning Brew reports, Biden plans to spend: $300 billion on “R&D for advanced tech industries such as batteries...
Even before our nationwide COVID-19 panic attack, we were heading for yet another trillion dollar deficit. Before the dust settled, 30 million Americans had filed for unemployment, those fortunate enough to have jobs were figuring out how to work...
