Most foreign "aid" isn't really "aid" but rather handouts to US corporations. Monsanto is a prime example of agricultural "aid".
What do Apple (AAPL), Starbucks (SBUX), Ford (F) and General Electric (GE) all have in common? Their businesses are built on churning out thousands and thousands of products each and every week. To be successful, they have to deliver products that meet or beat consumer expectations time and time again.
I’m very proud that a Clinton Administration official once accused me of being unpatriotic for helping foreign jurisdiction oppose some bad policies from Washington.
If you are a patriotic American, you believe that there are circumstances under which it is right to take up arms against your own government.
The governor of Virginia, Robert Dinwiddie, chose 21 year-old George Washington to trek 400 miles into the frontier to deliver to the French a demand to leave the disputed area or face the prospect of war with colonial America and England.
Russia’s developed economy is the eighth largest in the world, with a rich array of natural resources: timber, precious metals and fossil fuels. However, many people regard Russia as an unstable market with poor or even punitive business regulations, so Russian stocks tend to trade at a discount.
With the arrival of US Apache gunship helicopters, four air forces will be flying missions in Iraq, including the Syrian air force. Some news services have reported that Iranian fighter jets have been flying missions against ISIL targets for at least a week. Air traffic control should be interesting.
I realize that not that many readers care about Greek economic policy, but sometimes other nations can teach us very important lessons. For better or worse.
The economy added 288,000 jobs in June. Overall jobs creation has improved in 2014, but it remains far short of the 390,000 needed each month to keep up with population growth and genuinely reduce unemployment, and well less than the pace accomplished during the Reagan – Clinton prosperity.
Getting a new perspective on an old idea can be jarring. Take the example of a world map.
The first half of a most unusual year for the financial markets now is in the books, and that means it’s time to break out the halftime exchange-traded fund (ETF) scorecard...
The internal revenue service has allowed itself to become a tool of the White House. To be more specific, bureaucrats at the tax-collection agency sought to undermine a free and fair political process by stifling political speech.
The easiest way to dissolve our republic will be through prosecutorial discretion… And this Department of Justice seems to pretty much understand this concept. Sidney Powell, who spent a decade in the DOJ, joined the program to talk about Eric Holder’s culture of corruption.
Thursday, the Labor Department is expected to report the economy added 211,000 jobs in May. In line with the pace so far this year, that is far short of what is needed to keep up with population growth and genuinely reduce unemployment.
Las Vegas will run out of water. Maybe. Probably. Ya know: eventually. (I suddenly feel like quoting Keynes: “In the long run, we’re all dead.”)
If you made less than $20,000 annually, but were guaranteed $20,000 whether you worked at all, would you work?
While you non-scientists see the missed forecasts as some type of problem with the “science”, in truth the incorrect projections serve the most important scientific outcome imaginable: They keep the gravy train rolling while pushing doomsday to just behind the next horizon.
When government is very large, with all sorts of power to provide unearned wealth via taxes, spending, and regulation, then you will get more sleaze. Sort of like the way a full dumpster will attract lots of rats and roaches.
Sure, the NSA is getting bigger… But they’re not the only ones that are watching. Have you used Google lately? Also, Mark Skousen joined the program to discuss the increasingly creepy nature of big business.
The Fed target is 2 percent inflation, but since March the pace has quickened. In May, the Consumer Price Index the government uses to adjust Social Security and other benefits increased at an eye-popping 4.3 percent annual rate.
A victory beyond the wildest dreams of Osama bin Laden is within reach of fighters from ISIL. And make no mistake, it's all Obama's fault.
There have been many truly awful presidents elected in the United States, but if I had to pick my least favorite failed president, I might choose Herbert Hoover.
We citizens sense that we are being lied to by those in authority. We can’t quite put our finger on it. We are right, though.
Women can’t possibly be expected to take care of their own bodies, right? I mean, it’s pretty obvious that equality and empowerment come from depending on entitlements and government mandated acts of charity… Or something.
Reader Mike wonders what effect a rise in minimum wage would have.
Thomas Piketty should take note! Inequality is shrinking, not growing, when it comes to useful goods and services.
What is the difference between having armed school officials/resource officers on site and relying upon police officers at a station just over two miles away when it comes to protecting the lives of students at a public school when there is a mass shooting incident?
Let’s look at the silver lining to this story. When EPA bureaucrats are pooping in hallways, that’s a relatively non-destructive use of their time.
It's a government-sponsored menace that actually damages American business competitiveness and reduces jobs at home. Voting against Ex-Im should be a no-brainier.
On a population adjusted basis, the numbers look horrific. Population-wise, native US citizens account for two-thirds of the working-age population growth, yet fewer work today.
There is a natural tendency for private enterprise to increase services and for government agencies to reduce them.
Is freedom just an American birthright that liberty snobs like you inherited from the blood bought by better men than you? I don’t think so. I think freedom is inalienable. That means it applies to Iraqis as it does to members of inconsequential third parties like libertarians-- who hide their mediocrity behind non-conformity.
This fight illustrates why government intervention is so corrupting
Forecast For Economic Numbers Week of June 30th, 2014: Peter Morici is a professor at the University of Maryland Smith School of Business, former Chief Economist at the U.S. International Trade Commission, and five-time winner of the MarketWatch best forecaster award.