Economy
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Gas Crisis Looms Over California As Dems Continue To Impose Crippling Regs
By Audrey Streb Democrat policies and new regulations hiked California’s gas prices on Tuesday, and a slew of green energy…
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Italy to issue a half million more non-EU work visas for immigrants
Italian Prime Minister Giorgia Meloni, “who ran for office on an anti-immigration platform, has now announced plans to let in…
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New York mayoral candidate’s proposal for government-run grocery stores won’t work, professor says
The Democratic candidate for mayor of New York City, Zohran Mamdani, wants his city to run grocery stores. But historically,…
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There are now 60 million millionaires
Nearly 30 million Americans are millionaires, as are 60 million people in the world as a whole. “A new report…
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Senate ‘Big, Beautiful Bill’ will increase the national debt, result in huge debt service costs, contains excessive tax cuts for people who don’t need it
“Republicans are using the budget reconciliation process to cut spending, extend the 2017 tax cuts, reform health care, increase border…
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Oil Prices Could Soar After Iran Moves To Close Strait Of Hormuz
By Melanie Wilcox Iran’s parliament has voted to close the Strait of Hormuz, a narrow shipping channel that serves as…
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Socialist dictator locks up economists sharing data on Venezuela’s decline
Venezuela’s socialist dictator, President Nicolás Maduro, “has intensified his crackdown on independent economists and consultants, detaining at least eight people…
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Child labor falls sharply, even in nations that fail to enforce bans on child labor
The number of child laborers has fallen by 44% across the world since 2000, even as the world’s population has…
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Ivory Coast increases economic growth by issuing more land titles
In much of the world, it isn’t even clear who owns what land. Few people have titles to their land,…
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Poverty falls even as poverty is redefined to include more low-income people
The portion of the world’s population living in extreme poverty has fallen from 43.6% in 1990 to 9.9% today. Lifespans…
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Poverty falls rapidly in world’s most mountainous country
Poverty has rapidly fallen in Bhutan, “with its national poverty rate falling from 28 percent to 11.6 percent between 2017…
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‘Trump’s Tariffs Aimed at Reviving Manufacturing Are Doing the Opposite’
Tariffs have all kinds of negative effects. They collect tax revenue, but they can shrink the economy. And if the…
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Interesting discussion coming up soon
Many federal regulations make Native Americans poorer and stifle economic development. An upcoming book forum discusses this: Becoming Nations Again:…
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Did Trump And Hochul Just Swap An Offshore Wind Farm For A Pipeline?
By David Blackmon When I wrote about the potential revival of the Constitution Pipeline project here two weeks ago, I…
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Privately owned solar panels save citizens from dysfunctional state utility in very sunny, very backward African country
“Privately owned solar panels are taking over from the dysfunctional state utility in Niger, offering relief from frequent power shortages,”…
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Regulation is making homes unaffordable across the world
“Americans ranked housing as their top financial worry in a Gallup survey last May. It’s only gotten worse. January home…
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‘How Does This Happen?’: Power Outages Hit Blue City On Holiday Weekend After Months Of Warnings
By Audrey Streb New Orleans was plunged into darkness on Sunday afternoon when the region’s grid operator cut off power…
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‘America is a manufacturing powerhouse’
Economist Scott Sumner explains why, contrary to widespread myths, “America is a manufacturing powerhouse”: It is important to recall that…
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Trump threatens 50% tariff on European Union, which will cause economic harm
“President Donald Trump on Friday threatened a 50% tariff on goods from the European Union, citing a lack of progress…
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People have much more living space than they did 50 years ago
“Over the past 50 years, the percentage of household income spent on food fell 30 percent, and spending on clothing…
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Latin America expands use of solar panels
Sunny Latin America is expanding its use of solar panels, reports Dialogue Earth: Distributed energy refers to a range of…
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Yale is still discriminating on basis of race, Asian American group alleges
“An Asian American coalition has filed a federal civil rights complaint against Yale University alleging discrimination using racial proxies during…
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‘Absolute Silliness’: DOE Delays Biden-Era Rule On Emissions
By Audrey Streb The Department of Energy (DOE) announced Monday that it is postponing the implementation of a Biden-era rule that…
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Tourism down after U.S. angers other countries with tariffs, arrests of overseas visitors, talk of annexing Canada
In recent years, the U.S. has run a trade deficit, but that hasn’t led to an economic crisis of any…
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US Economy Contracts In First Quarter Of 2025
By Ireland Owens U.S. real gross domestic product (GDP) decreased at a rate of 0.3% in the first quarter of…
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Spain suffers huge blackout days after bragging about transitioning to renewable energy
“A massive blackout hit Spain and Portugal at midday on Monday, grinding” those countries “to a halt,” reports Euro News.…
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Brazil’s rarest parrots make a comeback, avoiding extinction
“The population of the red-tailed amazon parrot has nearly doubled over the past two decades, thanks in part to a…
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The Climate Cult Comes For Man’s Best Friend
By John Loftus The climate cult is coming for man’s best friend. It was only a matter of time before…
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Three lawsuits challenge Trump’s tariffs
Three lawsuits have been filed against President Trump’s recent tariffs, which were imposed on almost all of the countries of…
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‘Just Getting Started’: Energy Experts Say Trump Admin Could Fuel ‘Nuclear Renaissance’
By Audrey Streb The Trump administration has indicated a willingness to promote domestic nuclear energy production, though several industry experts…
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Long-term pain of tariffs is even greater than the short-term pain they cause
Defenders of tariffs admit that they cause short-term pain, but predict that they will result in long-term gain. But that…
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Argentina’s economy revives as it cuts red tape, trade barriers, and tariffs
Argentina was broke, in a recession, and experiencing hyperinflation. But in 2023, it elected Javier Milei as its president. Milei…
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Markets Plunge For Second Day After Trump’s ‘Liberation Day’ Tariffs Send Global Shockwaves
By Ireland Owens U.S. stocks plummeted by market close on Friday as President Donald Trump’s sweeping tariffs continue to rattle…
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Black rhinos make a comeback after 98% of them were wiped out
“The dramatic drop in black rhino numbers – from an estimated 100,000 animals around the 1900s to fewer than 2,400…
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Trump imposes wildly varying ‘reciprocal’ tariffs that aren’t reciprocal at all and punish friendly nations with few trade barriers
Today, President Trump imposed hundreds of billions of dollars in tariffs on the countries of the world, that vary enormously…
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Federal job-training programs increase crime, reduce earnings of participants
“Taxpayers spend $1.8 billion annually on the Job Corps, which pays runaway teens and adult criminals to live together in…
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