Economic News
GO Ahead: Make My Day!
"By integrating the vital role of the supply chain into national income accounting, Mark Skousen's development of gross...
Lots of Blame to Go Around for Banking Turmoil
Yields on Treasuries have nosedived in a full-scale rebuke of Fed Chair Jerome Powell claiming that rate cuts...
Elon Musk Reads This Classic Free-Market Book During Banking Crisis
“From classic sci-fi works to complex studies on artificial intelligence, Musk credits books with helping him achieve his...
The Fed’s 2% Target Rate for Inflation is Not Realistic
Based on the recent string of economic data that includes January employment, Consumer Price Index (CPI), Producer Price...
When Will This Time Bomb Explode?
“If the national debt rises for 60 years at the rate it has risen during the previous 30,...
Maybe No Soft or Hard Landing for Economy as Job Market Strengthens
Bond and equity markets are in a much better place than how they ended 2022, with further evidence...
Does This Bull Market Have Legs?
“Bears make headlines, bulls make money.” -- Maxims of Wall Street Last week, I had a big debate...
Don’t Fear the AI Reaper
When one of the biggest and most important companies ever announces a fiscal push toward the use of...
Indiana Jones (A.K.A. Mark Skousen) Enters the Temple of Doom and Gloom!
“If you want to be a good archeologist, you gotta get out of the library!” -- Indiana Jones’s...
The $31 Trillion Elephant in the Fed’s Room
So much of the Fed’s narrative surrounding inflation is focused on upward pressure on wages and the cost...