How Washington Ruined America’s Future

how-washington-ruined-america’s-future

How Washington Ruined America’s Future Authored by MN Gordon via Economic Prism, United States Secretary of Treasury Janet Yellen has an incredible job.  She writes rubber checks to pay America’s bills.  Yet, somehow, the rubber checks don’t bounce.  Instead, like magic, they clear. How this all works, considering the nation’s technically insolvent, is quite miraculous.  […]

Artificial Intelligence: The New Scapegoat

artificial-intelligence:-the-new-scapegoat

Artificial Intelligence: The New Scapegoat Authored by Robert Aro via The Mises Institute, Earlier this week, CNBC expressed concerns regarding artificial intelligence: Fed banking regulator warns A.I. could lead to illegal lending practices like excluding minorities The 21st century is fast approaching the quarter mark. With the emergence of accessible, increasingly popular A.I. tools, it wouldn’t be the […]

(Not) Everybody Loves Chocolate

(not)-everybody-loves-chocolate

(Not) Everybody Loves Chocolate Everybody loves chocolate, right? Well, not everybody, at least not to the same degree. As Felix Richter reports, according to Statista Market Insights, there’s a huge gulf in chocolate consumption around the world. While the cocoa-based treat is very popular in large parts of Europe and in the United States, many people […]

US Factory Orders Decline YoY For First Time Since Oct 2020

us-factory-orders-decline-yoy-for-first-time-since-oct-2020

US Factory Orders Decline YoY For First Time Since Oct 2020 Headline US factory orders rose just 0.3% MoM in May (well below the +0.8% MoM exp), dragging the YoY change into the red (down 1.0% YoY) for the first time since Oct 2020… Source: Bloomberg Worse still, core factory orders fell for the 4th […]