Economy

Federal Court Rules That the Bitcoin Is Money

The federal court ruling that bitcoins are money is just one more step toward full and wide acceptance of the digital currency as...

Bob Adelmann August 9, 2013

Declines in Trust, Revenues Force Sales and Spinoffs of Newspapers

Bob Adelmann August 7, 2013

Back-to-back sales of prominent newspapers this week continues a trend at least a decade old as their readers increasingly get their news from...

Jobs Reports: U.S. Turning Into a Part-time Worker Economy

Bob Adelmann August 5, 2013

The gradual conversion of the American economy into one of part-time workers continues apace. The latest report from the Bureau of Labor Statistics...

Home Ownership Rates Continue to Fall; New Plans to Reflate Bubble

Bob Adelmann August 1, 2013

In the face of evidence that home ownership rates continue to fall, bureaucrats are trying to soften rules that were written to keep...

Taxpayers, Economic Outlook to Lose Big on the Auto Bailouts

Brian Koenig July 26, 2013

Despite surges in revenue and a catalog of new vehicles from the U.S. auto industry, taxpayers are still suffering from the auto bailouts....

Walmart Shrugs: Pulls Plans to Build Stores in Washington, D.C.

Bob Adelmann July 11, 2013

If Washington D.C.'s Mayor Vincent Gray doesn't veto a discriminatory minimum-wage law targeted at Walmart, the retailer is likely to shrug, and find...

Federal Regulations Cut Standard of Living by 75 Percent Over 56 Years

Bob Adelmann June 27, 2013

There are political costs as well, but the 75 percent reduction in Americans' standard of living shows just how costly the regulatory state...

Taxpayers, Rockefellers Fund “Sustainable” Plot to Undermine Market

Alex Newman June 25, 2013

The Rockefeller Foundation, mega-banks, and even taxpayers via the U.S. Agency for International Development (USAID) have provided millions of dollars toward pushing a...

Detroit Creditors’ Haircut: 90 Percent

Bob Adelmann June 17, 2013

Detroit's Emergency Manager Kevyn Orr gave just two options to those creditors gathered in downtown Detroit on Friday: Go along with my proposal...

Central Banks’ Bubble Bursting, Sending Markets Down Worldwide

Bob Adelmann June 13, 2013

Central banking and Keynesian ideology make a toxic brew, the consequences of which are beginning to show up around the world. ...

First Time Since 1995: U.S. Produces More Oil Than It Imports

Bob Adelmann June 7, 2013

The confluence of numerous factors in both Texas and North Dakota is working to help the United States wean itself from dependence on...

Slowing Economy Confirmed

Bob Adelmann June 5, 2013

There are always unintended consequences when using Keynesian economic theories to try to jumpstart an economy. One of them is the freezing of...

Major Retailers Sue Visa and MasterCard Over Swipe Fees

Bob Adelmann May 24, 2013

After eight years of litigation, Visa and MasterCard are within shouting distance of their long-term goal: protection of a massive and increasing flow...

Calls to Privatize the FAA Follow Controller Furloughs and Airport Delays

Bob Adelmann April 25, 2013

Calls to privatize government agencies like the Federal Aviation Administration (FAA) are likely to fall on deaf ears until the government runs out...