IMF Offers a Glimpse at the Perils of Central Bank Digital Currencies
Government-controlled digital money could mean the end of financial privacy and independence.
Government-controlled digital money could mean the end of financial privacy and independence.
There's a good reason Biden eventually stopped saying Bidenomics. Americans didn't like the results of his economic policies.
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As it stands, the program effectively redistributes money from younger and poorer people to richer people.
The former president's increasingly lopsided economic policy proposals have the feel of throwing spaghetti at the wall.
According to recent data, people work less—and actually end up deeper in debt.
Sen. Bernie Sanders calls them "oligarchs," while Gov. J.B. Pritzker gets cheers when touting his own billionaire status.
A 21-month legal battle unveils the dark side of South Carolina's annual traffic crackdown.
There seems to be general bipartisan agreement on keeping a majority of the cuts, which are set to expire. They can be financed by cleaning out the tax code of unfair breaks.
Although former President Donald Trump's deregulatory agenda would make some positive changes, it's simply not enough.
Yes, cheap imports hurt some American companies. But protectionist trade policy harms many more Americans than it helps.
Those three presidential candidates are making promises that would have bewildered and horrified the Founding Fathers.
The Congressional Budget Office reports the 2024 budget deficit will near $2 trillion.
We could grow our way out of our debt burden if politicians would limit spending increases to just below America's average yearly economic growth. But they won't even do that.
A letter from higher education professionals warns that next year's FAFSA will likely face delays.
The president has tried to shift blame for inflation, interest rate hikes, and an overall decimation of consumers' purchasing power.
Government school advocates say competition "takes money away" from government schools. That is a lie.
Reasonable options include gradually raising the minimum retirement age, adjusting benefits to reflect longer life expectancies, and implementing fair means-testing to ensure benefits flow where they're actually needed.
Why aren't politicians on both sides more worried than they seem to be?
Decades of legislation have chipped away at the financial privacy Americans believe they still have.
Digital payments are easy to use, but also to monitor and block.
Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets.
Mollie and Michael Slaybaugh are reportedly out over $70,000. The government says it is immune.
Vincent Yakaitis is unfortunately not the first such defendant. He will also not be the last.
Let's just call this what it is: another gimmick for Congress to escape its own budget limits and avoid having a conversation about tradeoffs.
According to IRS guidance, any income derived from illegal activity is taxable, and there's no statute of limitations on when they can go after you.
Despite their informal nature, those norms have historically constrained U.S. fiscal policy. But they're eroding.
The question of how best to measure inflation has no single and straightforward answer, but most people know that the president's economic claims aren't true.
Thanks to "squatters' rights" laws, evicting a squatter can be so expensive and cumbersome that some people simply walk away from their homes.
Economist Friedrich Hayek inspired an early foray into electronic cash.
The government needs to cut back on spending—and on the promises to special interests that fuel the spending.
I shouldn't have to spend so much money on an accountant every year. But I don't really have a choice.
A new economic paper explains why interest rates are the missing piece to understanding why people are unhappy about a seemingly strong economy.
Liberty to engage in voluntary transactions and keep our wealth varies across North America.
The policy is a true budget buster and is ineffective in the long term.
Plus: A listener asks if the editors have criteria for what constitutes a good law.
Unfortunately, Willis’s Fulton County includes assets seized from non-prosecutors in its budget.
In Squid Game: The Challenge, contestants don't really risk their lives.
Many who see overdraft protection as preferable to other short-term credit options will have fewer choices as some banks decide the service isn't worth offering anymore.
The reality raises questions about the kind of future we want to leave for the next generation.
A new report brings remarkable economic illiteracy to its focus on poverty and inequality.
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