The Keynesian Multiplier “Magic”
Retailers, in response to the increase in their income, also consume 90 percent of the $100 million (i.e., they increase expenditure on goods by $90 million).
Federal Reserve
Don’t Let The Fed Steal Your Kids’ Future
And, since the Fed rarely if ever hits the 2 percent target, CPI calculations based on government historical data show prices increasing at a much higher rate.
The US Government’s Really Big Debt Problem
An insight of supply-side economists is that, since cutting taxes incentivizes people to work and invest, government can increase revenue by cutting taxes.
Treasury Yields Flat As Fed Rate Decision Approaches
The 10-year Treasury yield held at 5.1211%, while the two-year yield stayed near 4.7889%.
GOP Spending Swells US Deficit To Nearly $2 Trillion For 2026
To be precise, the federal deficit for the 2026 fiscal year, which ended on September 30, is $1.99 trillion.
William Leggett And The Separation Of Bank And State
While Leggett’s thoughts and writings are interesting on several levels, this article seeks to present and appreciate a sample—and it is only a sample—of his economic insights.
Treasury Yields Climb Ahead Of Federal Reserve’s October Rate Decision
The 10-year Treasury yield rose more than one basis point to 5.11%, while the 30-year yield climbed to 5.448%.
You Are The Collateral, Forty-Three Cents On The Dollar
The full-year estimates call for $2.63 trillion in individual income taxes and $399 billion from corporations.
The Tragic Path Of New Keynesianism
Milton Friedman popularized and developed the monetarist framework, arguing that the stagflation of the 70s was the result of expansionary monetary policy.
US Treasury Adviser Pushes Back Against IMF Warning On Rising Federal Debt
David Zervos, recently appointed counselor to Treasury Secretary Scott Bessent, told CNBC that the IMF had repeatedly misjudged economic developments,
September: Wage Growth Was Wiped Out By Inflation For The Sixth Month In A Row
As prices for food, energy, cars, and services have headed up in recent years, ordinary people have been squeezed.
Supreme Court Steps Into Trump’s DOGE Fight A Second Time
Liberal watchdog group Citizens for Responsibility and Ethics in Washington (CREW) filed the initial lawsuit under the Freedom of Information Act seeking records of DOGE deliberations on spending cuts.
US Inflation Rises To 3.7% In September, Exceeding Forecasts
The Consumer Price Index increased 0.6% from August, while economists had forecast an annual rate of 3.6%.
Bank Of America Faces More Than $1.2 Billion In Penalties Over Money-Laundering Violations
Treasury Secretary Scott Bessent warned that compliance failures expose the financial system to illicit-finance risks.
How Changes In The Money Supply Affected The Great Depression
According to Friedman, because of the collapse in the money supply, economic growth followed suit.
The Austrian Cure: The Restoration Of Economic Reality
The cure... is the restoration of sound money, free prices, secure property, open competition, capital accumulation, and the discipline of profit and loss.