Economic News

Gas Prices are High in Florida — What is Causing It?

As of 3/8/2022, we can see that "Today's AAA National Average" price of gas across Florida is soaring above $4 a gallon.  As people...

How to use BitMEX to trade cryptocurrencies with INSANE leverage.

With the recent economic developements having brought more people than ever into the realm of investing and trading, as well as shining new attention ...

A CEO broke the Rules!

"... Ricardo Semler is a CEO who decided to break the usual rules of coroporate decorum.  At age 21 he took over Semco, a family business in...

One Simple Step to Make the Environment Better - Libertarian Capitalist Style!

Let's say you have a piece of land that is shared among a group of 10 people. This piece of land is owned by each person. No one owns any portion ...

The Answer to Predatory Business Practices

Adam Smith, in the Wealth of Nations book of 1776, referred to modern economics as it is currently understood. When he would look into the predatory p...

The Drunkard Economy of America - What Would Happen if A Libertarian Got In Office To Fix It

The United States economy is in a huge political turmoil. A very serious problem with debt. Right now, we have so much debt in the United States, that...

The Law of "Spontaneous Order" and Why It Explains The Inefficiency of Government

Imagine a crowded ice skating ring. Imagine if there were many many people in this ice skating ring, and that there exists a huge amount of people hav...

Now That We Have Tariffs on Steel, Are Things Better?

"The President is the biggest and best supporter of the Steel Industry in many years. We are now doing really well. The Tariffs let us compete. W...

Incentive for Minimum Wage - $15/hr - Destruction of Commerce

The $15 minimum wage has been a very interesting point. One that is not very well thought out, yet still is touted and entire groups advocating for mi...

Are Corporations Evil? Here is My Answer.

The act of a corporation being evil is something that has been a subject for debate for a long time. This article is just one diatribe of many that de...

Here Is Why I Think The Dollar Will Collapse... Soon.

So I've heard about Ron Paul talking about the dollar collapse. How he thinks there is a bond bubble and it will be bad. I heard it, went in one e...

Bitcoin expected to hit $5,000 USD in the Next Two Weeks

Bitcoin. Looked down upon masses of investors, brokers, and normal people. Back in 2013, it was a mere $125 per coin. By the time I finish writing thi...

ATM skimming fraudsters plead guilty

Joel Abel Garcia, a 35-year-old from the Bronx, New York, became the third member of an alleged ring of automated teller machine "skimmers" ...

Tesla is worth more than General Motors or Ford

Props to Elon Musk and the people at Tesla. The company may rarely be profitable, and it is yet to sell enough electric vehicles to tri...

British Pound Declines over 10% Thursday Evening

This article is not written by me. This article is originally written on theguardian.com and there is a link to the original article here. Result...

Up to 100 people will get $2,000 per month for a year as guinea pigs for when robots take our jobs

Universal basic income—the proposal that everyone be paid a flat wage by the government, regardless of their economic status—is getting&nb...

New Sir Winston Churchill £5 note design is unveiled

The note will feature the image of Sir Winston Churchill and will be made of plastic rather than cotton paper. The Bank says the thin and flexible ...

A Worrisome Pileup of $100 Million Homes

One of the latest symbols of the overinflated luxury housing market is a pink mansion perched above the Mediterranean on the French Riviera. The 13...

Obama administration announces final overtime rule, boosting pay for millions

re than 4 million Americans could get pay hikes under new federal regulations that will double the salary level under which workers must be paid ...

Clean-Energy Jobs Surpass Oil Drilling for First Time in U.S.

The number of U.S. jobs in solar energy overtook those in oil and natural gas extraction for the first time last year, helping drive a global surge in...

VICTORY MOTORCYCLES RACING FOR THE PODIUM AT ISLE OF MAN TT

All-new Victory RR electric motorcycle coming to the TT Victory Motorcycles is returning with the Victory Racing team to compete in ...

Central banks running out of firepower in fight for global growth, says Glenn Stevens

The Reserve Bank governor, Glenn Stevens, has warned that the inability of governments and central banks to lift global growth prospects is the &...

U.S. posts $108 billion budget deficit in March

WASHINGTON (Reuters) - The U.S. government posted a $108 billion budget deficit in March, more than double the amount from the same period last year, ...

Here's How Ben Bernanke's "Helicopter Money" Plan Might Work

By Chris Mathews   The Fed would need to get in bed with Congress, for starters. You’d think it wouldn’t be so hard to spark...

The Weirdest Things People Have Tried to Expense on the Boss’s Dime

From toilet paper to vacations.     The rewards of a good job are no longer just a number on your paycheck, but also the additional...

Haitian Wages

LAIM: Hillary Clinton fought to keep Haiti's minimum wage from going up to $0.61 cents an hour. MOSTLY TRUE   WHAT'S TRUE:&...

It’s About to Get Even Harder to Make Money on Wall Street

Regulators are planning to crack down on bankers’ bonuses, too. BY: EMILY JANE FOX ter an already rough year for banks and hedge fund...

The number that tells us the economy might be doomed

Here is a math problem for the Federal Reserve: What is 3.25 minus 5? The answer, despite what you might think, isn't -1.75. It's that it d...

Who owns the Federal Reserve?

his article was first published by Global Research in October 2008 “Some people think that the Federal Reserve Banks are United States Govern...

Warren Buffett lambasts Donald Trump for talking down US economy

Warren Buffett has used his annual letter to Berkshire Hathaway shareholders to lambast presidential candidates who talk down the nation’s ...

Starbucks Will Donate All of Its Unsold Food to America's Needy

Starbucks  SBUX -0.93%  has a new plan to minimize food waste at its U.S. locations. The company says it’s teaming u...

The age of secular stagnation: what it is and what to do about it

As surprising as the recent financial crisis and recession were, the behavior of the world's industrialized economies and financial markets during...

Can central banks goose growth? Bold action is needed to fight the next downturn

In the years since the global financial crisis of 2008 engulfed the world and the United States fell into the Great Recession, the panic has subsided ...

Government Spending

Two key duties of government are to collect taxes from the populace and then direct how the money is spent by managing expenditures. In the United Sta...

The G.O.P.'s Worst Budget Riders

The short-term spending bill that is financing federal government operations will expire on Dec. 11, and unless Congress and President Obama agree on ...

Camps Are a Poor Way to House Syrian Refugees

"Camps ... engender near-complete dependency and can create tensions between host-country nationals and refugees that jeopardize the ...

Financing divorce Till debt us do part

IN MANY Western countries, including America and Britain, divorce lawyers are not allowed to represent a client in exchange for a share of whatever se...

What Big Data Can Tell us about the Economy

By Blackrock | March 09, 2016 Given recent market turbulence, it’s no wonder that investors are wondering whether the economy is he...

Finally, job market is hot for millennials

The class of 2016 is entering one of the strongest entry-level job markets in recent memory. Thanks to an aging workforce and low unemployment, 2016 g...

Ron Paul: Why We Don’t Need the Federal Reserve

Stocks rose Wednesday following the Federal Reserve’s announcement of the first interest rate increase since 2006. However, stocks fell just two...

First Article on 1stamender posted!

As a part of the first article ever, it comes to my great pleasure to see that this website will provide as the central trusted hub freedom.  May...