economic

A total of $80 billion in additional taxes were levied by the Trump administration in numerous rounds of tariffs on $380 billion worth of goods (based on 2018 values), including solar panels, washing machines, and thousands of products from China. Other nations retaliated by introducing their own retaliatory levies. Except for limited exemptions or modifications to some steel and aluminum tariffs, as well as washing machine and solar panel levies, the Biden administration has mostly kept the tariffs in place.

A simple lesson in microeconomics is enough to show a student that raising the minimum wage is usually a bad idea.

The people in charge of the economy in Norway forgot a very easy lesson, and now they can do little but watch as the people who make money in their country leave.

The federal tax code is still a major source of anger and debate among Americans and a barrier to economic growth and opportunity. Other countries, like Estonia, have shown that taxes can be collected in a less stressful and more effective way and still bring in enough money.

Some people say that you can't trust the free market with your money, but that's not true at all. The government is the one who makes money troubles.

Churchill's plan to put gold back into the system of money was not the problem.

No one, let alone the government, is in a good position to know what the long-term effects of a potentially disruptive innovation will be.

The Fed is insolvent, and that means that it will bail itself out by printing money. For ordinary people, that means inflation and a rising cost of living.

So, recession it is, right? Not so fast.