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Governments in the US subsidize immigration through a bevy of welfare programs. The effect of subsidization is predictable: you get more of what you subsidize. This is true for student loans, ethanol, immigrants, and more. ...
Many economic think tanks espouse that national defense spending benefits Americans at large. It doesn’t. The notion that military spending “bolsters” the economy is yet another Keynesian fable. ...
While modern India is known for adopting socialism in the 1940s, it has an older tradition of free markets. It is time to rediscover that tradition. ...
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HOUSTON/MIAMI – The highest bid received in a US auction of shares that will decide the fate of Venezuela-owned oil refiner Citgo Petroleum was $7.3 billion, enough to cover only a third of court-approved claims, two people familiar with the matter said. ...
A US government weather forecaster projects El Nino conditions will likely end by spring this year but saw a 62% chance that a weather pattern characterized by unusually cold temperatures in the Pacific Ocean, La Nina, will develop during June-August. ...
Nearly two decades ago, Congressman Ron Paul identified his campaign with the call to “audit the Fed.” Congress ignored him then, but the movement to examine and demystify the Fed now is growing. ...
Recent research has identified a new trend among British businesses, with an overwhelming majority backing the Labour Party’s stance on fostering innovation. The study, which surveyed over 600 leaders in business, finance, and innovation, reveals that four out of five ...
Job vacancy numbers plummeted last year as firms reacted to uncertainty in the economy. That’s according to the latest report from the world’s largest network of job boards, Broadbean Technology. Vacancies fell by 27% in 2023 compared to the previous ...