by Andrew Moran | Feb 1, 2018 | Economic Affairs News
Call it a holiday hangover, irrational exuberance, or increasing confidence in the Donald Trump economy, but Americans are getting deeper into debt. In November, U.S. consumer borrowing rose 8.8%, the biggest jump in more than two years, as Americans added $28 billion...
by Andrew Moran | Dec 16, 2017 | Culture and Entertainment News
Is Major League Soccer (MLS) a good old-fashioned Ponzi scheme? That’s what many sports and financial analysts are wondering. With more incogitant governments forking over taxpayer money to finance stadiums for new franchises, it is important for supine politicians to...
by Andrew Moran | Dec 6, 2017 | Economic Affairs News
After destroying the bolivar’s value, the socialists in the Venezuelan government are looking to create another currency that they can devalue. President Nicolas Maduro, in a Christmas broadcast of singing and dancing, declared that he will be creating a new digital...
by Archived Author | Nov 19, 2017 | Politics
If you listen to ideologues on both sides of the aisle, they will often claim that voting patterns cannot be predicted because ideas determine what people vote and ideas may change. Is that true? Not if you accept basic economic theory. Let us start with one of the...
by Andrew Moran | Oct 26, 2017 | Economic Affairs News
Imagine this: an entrepreneur decides to build a ship. The boat is an exorbitant investment – lumber, fiberglass, aluminum, cement, et cetera – and is constructed to fish for salmon, provide tourists with impeccable scenery, or to transport cargo. Unfortunately, it...
