There’s a reason people say “put your money where your mouth is.” Predictions are free, but a friendly wager acts as a tax on the delusional. And there is perhaps no topic of debate where this sort of ...
In a normal economy, 40% of new hires are people who switched right over from another job: Friday at Walmart, Monday at Target. The other 60% come from some mix of the unemployment lines and the ether ...
According to Keynesian economic theory, many recessions have little or nothing to do with underlying structural economic problems. Instead, the theory holds, recessions are the result of a crisis in ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. I’m curious about something. It’s far enough above my pay grade that I’m a little ...
In The Washington Times, businessman Mike Whalen (who's associated the free-market think tank NCPA) writes up an interesting take on why various federal stimulus program have tanked like the Titanic ...
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Bloodletting is the withdrawal of blood from a patient to cure or prevent illness. It was based on an ancient system of medicine in which the proper balance of bodily fluids like blood were considered ...
This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. WHEN Barack Obama sought to boost America ...
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