The Guardian reports that U.S. Secretary of State Antony Blinken threatened a U.S. military buildup in Taiwan in a “side meeting” at the G20 summit in Rome on Oct. 31. The Guardian added that Blinken’s […]
The New York Times loves “dog bites man” stories, especially if they can say that the dog might be named Russia. In journalism, you may have heard, if a dog bites a man that’s nothing; […]
The typical winner of the Nobel Prize in economics is a 67-year-old man, born in the United States, who is working at the University of Chicago when he wins. That’s what science writer Maggie Koerth […]
Fears of empty shelves and online shortages seem to dominate the daily TV news shows. The reports are completely overblown, as Barron’s admits in a report that’s blocked for common reading by a paywall. (Barron’s […]
Talk about inflation. On Oct. 18, a Senate panel approved an annual Pentagon budget that’s at least $29 billion more than last year and $10 billion more than requested. Most of the increase is earmarked […]
Unless the U.S. government promptly removes its military forces from China’s Taiwan province, China may send in its own military force to defend its territory, declared an Oct. 8 editorial in Global Times, the Communist […]
Wages are being cut by inflation — the worst round of inflation in 30 years. The dollar store is officially dead. Dollar Tree, the last of the big dollar-store chains selling items for $1 or […]
President Joe Biden said after the June jobs report: “Our economy is on the move.” Biden was referring to the Department of Labor report released July 2 which said that job growth in June was […]
The May unemployment report wasn’t much better than the April disaster. Business news site CNBC summed it up: “Job creation disappointed again in May, with nonfarm payrolls up what normally would be considered a solid […]
In Capital, Karl Marx wrote about the laws of capitalism and the ruthless capitalist competition for greater profits. In the drive to increase profits, capitalists try to reduce their costs by increasing productivity through the […]
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