Inflation & Taxes
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Want to Fix Medicaid? Look to Milton Friedman
Friedman introduced the idea of using vouchers with respect to education 70 years ago. A voucher program would redirect government power to unleash market competition among healthcare insurers and among healthcare providers.
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What Moody’s US Credit Downgrade Means for You
The US Dollar Index fell following the credit downgrade announcement and continues to decline. But what will this mean for average Americans?
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Inflation Remained Low in April, But How Long Can Monetary Policy Remain Tight?
By undershooting its inflation target after clearly stating it would not do so, the Fed risks surprising the public—and perhaps triggering a recession.
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Why California Gas Prices Are the Highest in America
California’s gas taxes and regulatory costs alone account for more than $1.30 per gallon — nearly double the national average.
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Social Security is Not a Ponzi Scheme, but in One Way It’s Worse
Unlike unwary investors, future generations can’t willingly opt into — or out of — the Social Security shakedown.
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Business Conditions Monthly March 2025
With America’s ballooning debt load, a bond market backlash, and a Moody’s downgrade, fiscal space to respond to a downturn is rapidly evaporating.
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Trade Does Not Create A National Security Externality
Our choice to trade can’t impose externalities on some other interests’ desire for security. Government doesn’t have goals separate from its citizens’.
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Tariff Tension: Will US Shelves Be Empty By Late May?
Trump’s trade war has disrupted shipments, supply chains, and consumer confidence. Shortages and job losses are sure to follow.
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Tariffs Instead of Taxes? A Back-of-Envelope Estimate
Projected revenue from tariffs ignore the realities of how people and businesses will react. Are we ready to double the cost of everything?
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Is Bitcoin Ready To Retire Gold?
Investors and even central banks have their eye on Bitcoin as a safe haven and hedge, but gold’s global economic shoes are hard to fill.
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Want to Fix Medicaid? Look to Milton Friedman
Friedman introduced the idea of using vouchers with respect to education 70 years ago. A voucher program would redirect government power to unleash market competition among healthcare insurers and among healthcare providers.
-
•
What Moody’s US Credit Downgrade Means for You
The US Dollar Index fell following the credit downgrade announcement and continues to decline. But what will this mean for average Americans?
-
•
Inflation Remained Low in April, But How Long Can Monetary Policy Remain Tight?
By undershooting its inflation target after clearly stating it would not do so, the Fed risks surprising the public—and perhaps triggering a recession.
-
•
Why California Gas Prices Are the Highest in America
California’s gas taxes and regulatory costs alone account for more than $1.30 per gallon — nearly double the national average.
-
•
Social Security is Not a Ponzi Scheme, but in One Way It’s Worse
Unlike unwary investors, future generations can’t willingly opt into — or out of — the Social Security shakedown.
-
•
Business Conditions Monthly March 2025
With America’s ballooning debt load, a bond market backlash, and a Moody’s downgrade, fiscal space to respond to a downturn is rapidly evaporating.
-
•
Trade Does Not Create A National Security Externality
Our choice to trade can’t impose externalities on some other interests’ desire for security. Government doesn’t have goals separate from its citizens’.
-
•
Tariff Tension: Will US Shelves Be Empty By Late May?
Trump’s trade war has disrupted shipments, supply chains, and consumer confidence. Shortages and job losses are sure to follow.
-
•
Tariffs Instead of Taxes? A Back-of-Envelope Estimate
Projected revenue from tariffs ignore the realities of how people and businesses will react. Are we ready to double the cost of everything?
-
•
Is Bitcoin Ready To Retire Gold?
Investors and even central banks have their eye on Bitcoin as a safe haven and hedge, but gold’s global economic shoes are hard to fill.