The only way to pay all these future obligations is by creating new money. I've been focusing on inflation, which is more properly understood as the loss of purchasing power of a currency, which when taken to extremes destroys the currency and...
The EU’s Common Agricultural Policy (CAP), the farm subsidies which currently account for 39 percent of the EU budget (and accounted for almost 70 percent in the past), has been subject to much criticism over the years — and...
Americans, stop obsessing over GDP
Sophie Mitra, Fordham University The Bureau of Economic Analysis on July 27 released the GDP growth rate for the second quarter of 2018: 4.1 percent. GDP – or gross domestic product – is the rate at which...
As the flagrant and often downright bizarre corruption of so many current and former Trump administration officials has dominated the headlines in recent weeks, White House Commerce Secretary and mega-millionaire Wilbur Ross's long history of crooked profiteering has frequently...
Koch Industries, formerly known as Rock Island Oil & Refining Co, Inc. is a private multinational corporation founded by Fred C. Koch in 1940, right after he developed an innovative crude oil refining process. The corporation is based in...
Last Thursday, Facebook (NASDAQ: FB) stock shares collapsed over 20% after it reported earnings for a shocking tear drop price drop. However, this week the shares have bounced off of the lows of last week to even help push...
