American regulators are inching closer to the world of crypto. In a recent report released by the US Treasury, regulators have voiced their clearest intentions yet to bring stablecoin issuers […]
Tag: Daily Economy
Consumer Sentiment Fell in Early November as Inflation Fears Grow and Partisan Divides Deepen
The preliminary November results from the University of Michigan Surveys of Consumers show overall consumer sentiment fell again in early November, continuing the move down since hitting post-recession highs in […]
All Value Is Subjective, and That’s a Good Thing
All value is subjective, and no good or service has any intrinsic value. This subjectivity of value is one of the most significant concepts in economics. In this simple but […]
Military Spending Is Not the Same As Defense Spending
The world is a mess, and conservative politicians talk about increasing “defense spending.” This has obvious appeal. After all, who can be against defending the country? The problem is that […]
Biden’s Tax Plan Is a Middle-Class Death Tax Dressed as a Capital Gains Tax on the Rich
The federal government’s insatiable appetite for spending has left politicians casting about for untapped revenue sources. Enter President Biden’s tax plan, which contains a death tax on the middle class […]
The Political History of Silver in America
The aptly-named New York University professor William Silber wanted to title his book “Silber on Silver” – but his publisher instead had him settle for The Story of Silver: How […]
Why Almost Nobody Knows Anything about Critical Race Theory
In recent months defenders of Critical Race Theory have given two conflicting stories. Some tell us that the flap over critical race theory (CRT) in K-12 education is a strawman […]