It’s going to take a lot more than some trimming around the edges to change the federal government’s current trajectory into continued $2-trillion-plus annual deficits.
Politics
April 2025 Manufacturing Business Outlook Survey: “The index for new orders also fell sharply, from 8.7 in March to -34.2 this month, its lowest reading since April 2020.”
Donald Trump says he plans for a big 12% jump in military spending, he has threatened war with Iran, and has escalated the war with the Houthis. None of this has anything to do with defending the United States.
Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to one, leading to a permanent expansion of government power. After the crisis ends, government retreats—but not to the point where is was pre-crisis.
Jamaica has emerged as a prime destination for investment under the leadership of Prime Minister Andrew Holness. The country has fostered a business-friendly environment.
Students and general readers will find in this 201-page book a systematic—yet concise and focused—presentation of the main topics in economic analysis from the perspective of the Austrian School.
College football has finally experienced an athlete‘s holdout in order to leverage a hoped-for payday. In the case of Nico Iamaleava, he tried to leverage more money from the University of Tennessee but failed spectacularly. There are economic lessons to be learned here.
President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. Escalating the disastrous War on Drugs by incorporating the failed strategies of the War on Terror is a terrible idea.
It‘s looking more and more like this playbook is following the exact same story that we’ve witnessed during every other Republican administration over the past forty years.
By trying to deport foreign student Rumeysa Ozturk for simply writing an op-ed in a student paper critical of Israel, the Trump administration and its supporters quickly forget that their actions are part of a slippery slope that imperils free speech in this country. It doesn‘t end here.