Employment Flatlines for Eleventh Month as Biden Claims Historic Job Gains
As total (mostly part-time) "jobs" rose 273,000 in May—thanks largely to made-up numbers—total employed workers fell
What Causes Stagflation?
Keynesian economists have no good explanation for stagflation, rising rates of both inflation and unemployment. However,
Bureaucracy: The Red Tape that Prevents Economic Growth
Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it
Socialism’s Very Quiet Revolution
Socialism does not infect our body politic just through economic measures. The current obessession with implementing
The Achilles Heel of the Fiat Money System
State-sponsored fiat money has been the norm for more than ninety years, but its very instability
Oil Prices Show Weakening Demand, but Not Because of Electric Cars
Oil prices have weakened in recent weeks despite the war in Gaza and rising geopolitical risk.
The Unsustainable AI-Driven Lending Boom
The endless bubble economy has a new lending craze: loans backed by AI chips. The problem
Is the Dollar the Global Reserve Currency Because There Is No Better Alternative?
Economics researcher Joakim Book joins Bob to discuss his recent article on the dollar's international dominance.
We Can Praise Milei’s Policies without Praising the Man
Just because a politician says he believes X doesn't mean he actually believes it. Then, even