Puerto Rico Defaults Today on Part of $1B Debt Payment
Puerto Rico has been paying its debts by borrowing. Today many of those lenders are going to be disappointed. ...
Economic Commentary
Congress Votes to Raid Fed’s Slush Fund to Pay for Highways
With a seemingly innocuous transportation bill, the Federal Reserve's precious "independence" is being threatened...
World Oil Glut Swells to 3 Billion Barrels, Driving Prices Down Further
For political and economic reasons, the world oil glut is unlikely to end anytime...
Tracking Freedom’s Decline in America
Studies tracking the decline of personal and economic freedom in the United States confirm...
Interest-rate Increase Could Trigger Global Recession
With the entire planet over-leveraged with cheap debt, it won't take much to begin...
The Ripple Effect of Rising Interest Rates
The jobs opening report could be the trigger that unleashes the delayed consequences of...
“Gig” Economy Ending Lifetime Careers, Opening Opportunities
The "gig" or freelance economy is a dynamic economy, and the statists are having...
Pressure Increasing to Reopen Export-Import Bank
Companies that habitually took advantage of the Export-Import Bank's largesse are funding efforts to...
The Root Cause of Greece’s Problems: Socialism
If Greece doesn’t wish to become a vassal of the EU, a successful exit...
“Job-creating” ObamaTrade Requires Subsidies for Displaced U.S. Workers
In a glaring example of Orwellian double-think, advocates of ObamaTrade say that it will...
Study Shows 40 Percent of Unemployed Have Given Up on Finding a Job
While the U.S. Department of Labor continues to tout decreased unemployment rates, the reality...
Driverless Cars to Disrupt Industry, Benefit Consumers
Once again the free market is working its magic — this time in the...
CEI Report: 3,554 New Regulations in 2014
Further evidence of the federal government’s vast overreach can be found in a report...
Do Negative Interest Rates Portend a Negative Economy?
Keynesian experiments with the economy are having, once again, unintended consequences. Freshly created money,...
Boston University Economist Calls Out Congress on Enormous Fiscal Gap
According to a Boston University economics professor who specializes in generational accounting, U.S. agencies...
Why Should the Government Deliver Mail?
In a country where people extol the virtues of free enterprise, why is the...
Tax Foundation Counts All Income Except Underground
In calculating personal income in the United States, the Tax Foundation is missing a...
U.S. Government’s Interest Costs to Quadruple in 10 Years
On Tuesday, the Wall Street Journal reported that the federal government will be paying...
True Unemployment Rate Is Far Higher Than 5.6 Percent
Americans may not be too surprised to learn that the 5.6 percent unemployment rate...
United States Remains in 12th Place in Economic Freedom
The United States' 12th place in the world this year in economic freedom will...