All posts in "Economy"
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This Week in the New Normal #40

By / July 31, 2022

Our successor to This Week in the Guardian, This Week in the New Normal is our weekly chart of the progress of autocracy, authoritarianism and economic restructuring around the world. 1. Hollywood stars eat bugs…so you should too! The Mirror has a new angle on the whole “eat ze bugs” line. Two new angles really, […]

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Thanks, Fed Economists: Inflation Surges Yet Again as Real Wages Drop

By / July 30, 2022

The US Bureau of Labor Statistics released new Consumer Price Index data this morning, and it shows price inflation in May surged at the fastest rate since 1981. The overall CPI showed prices increased last month at a rate of 8.6 percent, year over year. That’s nearly a forty-one-year high—the highest since December 1981’s CPI surge […]

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David Stockman on the All-Out Commitment To Destroy Fossil Fuels… Will It Succeed?

By / July 29, 2022

Investment in all phases of the fossil energy industry has swooned sharply in recent years, owing to both government regulatory and tax subsidy interventions and also due to the takeover of the Wall Street energy narrative by the ESG (environmental, social and governance) nonsense. Thus, as one astute analyst summarized, The oil and gas industry, […]

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Question Everything

By / July 28, 2022

The average person in the First World receives more information than he would if he lived in a Second or Third World country. In many countries of the world, the very idea of twenty-four hour television news coverage would be unthinkable, yet many Westerners feel that, without this constant input, they would be woefully uninformed. […]

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The Five Stages of Totalitarianism

By / July 27, 2022

Fears of a growing totalitarian tendency in the US have swelled during 2020–22. But how close are we really to a totalitarian state? How have such regimes come about historically and what are the warning signs? This article will answer these questions by examining totalitarian regimes in the eighteenth and twentieth centuries and the pattern […]

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Market Success Is about Giving People What They Want

By / July 24, 2022

Economists are often examining the variables that lead to prosperity, but surprisingly, intelligence is rarely featured in this literature, despite its high replicability in research. Intelligence is a robust predictor of well-being, job performance, and other social outcomes. Due to heightened reasoning abilities, intelligent people are more cooperative and adept at defusing tension. Intelligent people […]

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Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced

By / July 23, 2022

In the Middle Ages, the Catholic Church convinced the commoners to buy indulgences to alleviate their sins. And they made a fortune in the process. Similarly, today, our overlords—the mainstream media, central bankers, and their political allies—are working overtime to convince the commoners to pay for their alleged climate sins. Enter carbon credits, government-issued permits […]

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Russia & the WHO: Friends with benefits

By / July 22, 2022

Riley Waggaman After several weeks of passive-aggressive bickering, Russia and the WHO are unfortunately still “an item” and they may even take their calamitous relationship to the next level: clot-shot certification. Gross. Speaking at the St. Petersburg International Economic Forum on June 18, Melita Vujnovic, WHO representative to Russia, announced that negotiations between the World Health Organization […]

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