The failure of SVB is almost exclusively driven by regulators and bank management ignoring what country bankers knew. That is, you can’t finance long-term investments with short-term money.
State-sanctioned gambling is a significant source of state tax revenue.
Even with these hardships, the Lebanese people are resilient.
Inflation is when it becomes more expensive to purchase that bundle of goods.
Perhaps the most depressing aspect of the war is, there is no end in sight.
Only 20% of parents say it is extremely or very important their children get married or have children as adults.
Workers’ greater freedom to choose where to work suggests that downtown Indianapolis’ future depends on its ability to attract people as a place to live more than as a place to work.
If you look at the wrong things, such as how many enemy soldiers are killed, measures such as “cost-effectiveness” can become misleading.
Egg prices increased nearly 13 times faster than food prices in 2022 because a deadly poultry virus killed over 40 million hens.
The major differences between economists and non-economists are their assumptions about the goals of individual investors.
Staying the course is similar to patients continuing their treatment and taking their medications.
The growth of e-commerce is similar to the growth of mail-order firms in the late 1800s when transportation and mail-delivery improvements made it possible for firms to lower the costs of selling directly to customers.
If public funds were allocated to another public use or returned to the taxpayer, they would produce jobs in other sectors. Six of one, half a dozen of the other.
We love economics, but it is good for economists to get out of our bubble now and then.
The economics of the illegal markets makes such a war hard to win.
We want a military strong enough to defend us, but we also don’t want it to trample on our personal freedom.
When the Treasury borrows to finance its excess spending, other borrowers cannot borrow those funds to finance their excess spending.
Anyone willing and able to work can likely find some kind of employment in today’s economy. And that is always good news.
The world population is now growing at the slowest rate since 1950.
Roberts writes that choosing what job to take, whom to marry, and whether to have children are wild problems. Federal Reserve monetary policy is also a series of wild problems.
