Today, housing consumes over 30 percent of our income for most of us, and those in the lowest 20 percent of income bracket are paying almost 40 percent of their income for housing. Costs decline from there, with the wealthiest quintile paying 29.9 pe
"Most American women hope to marry but current shortages of marriageable men-men with a stable job and a good income-make this increasingly difficult, especially in the current gig economy of unstable low-paying service jobs," said lead autho
I imagine that my mother probably thought about winning the lottery so much because she was a stay-at-home mom during my early childhood. She'd been thinking about going back to college to get her teaching credential, and she'd need money. Or may
In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis.
In "Fight of the Century", Keynes and Hayek weigh in on these central questions. Do we need more government spending or less? What's the evidence that government spending promotes prosperity in troubled times?
Sustainable Development is rapidly degrading Capitalism and Free Enterprise with massive malinvestment to realize the Utopia-based 17 SDGs specified by the UN's 2030 Agenda. "Malinvestment is a mistaken investment in wrong lines of production,
So when he realized that reading and sending emails was consuming an ever-expanding portion of his time?"Ariely regularly receives hundreds of emails a day, excluding spam?"he wondered if there were something he and others could be doing differen
And yet work is not working, for ever more people, in ever more ways. We resist acknowledging these as more than isolated problems - such is work's centrality to our belief systems - but the evidence of its failures is all around us. As a so
If you want to know had badly Keynesian central banking has corrupted the financial discourse, just check into the current PC sensation of the week.
"The Greatest Economy Ever? Where we are and Where We're going"
If value is subjective, however, that purchasing power too is subjectively valued, in terms of what subjective value it can provide (through the actual goods and services the money can purchase). And, in any market-like setting, willingness to give u
Over the centuries, sailors have told legends of monster waves that would appear out of nowhere in the middle of the open sea. Most scientists dismissed the stories as fabrications and legends. These stories were reported over the centuries by sailor
Martin Armstrong is one of the most famous economic forecasters alive, but you wouldn't know it after the whitewashing job he's suffered at the hands of the federal government and the mainstream financial press. The man who in the 1980s and 90s h
Martin Armstrong is a controversial market analyst who correctly predicted the 1987 crash, the top of the Japanese market, and many other market events … more or less to the day. Many market timers think that Armstrong is one of the very best.
Even if you think you have nothing to hide... you do have something to hide. You will not want to miss this interview that happened on location at Anarchapulco 2019
Jesus' exhortations to help the poor have been used as arguments for the redistribution of wealth from the rich to the poor, but what did he actually say?
Catallactics analyzes all actions based on monetary calculation and traces the formation of prices back to the point where acting man makes his choices. It explains market prices as they are and not as they should be. The laws of catallactics are not
Here comes the storm
On the other hand, the deficit may be financed by selling bonds to the banking system. If that occurs, the banks create new money by creating new bank deposits and using them to buy the bonds. The new money, in the form of bank deposits, is then spen
Then there is the material critique of capitalism. The economists who lead discussions of inequality now are its leading exponents. Homo economicus is the right starting point for social thought. We are poor calculators and single-minded, failing to