The indispensable economist Robert Higgs updates us on an ongoing theme I have discussed here a number of times in the past: the myth that it is consumer spending that drives ... Keep Reading
They Call This “Recovery”?
So the "experts" tell us the recession is over, and has been over for more than a year. Now don't you feel better? The experts, of course, rely on aggregate data captured in the ... Keep Reading
Hold the Bacon
Want to get NC state lawmakers as excited as a kid on Christmas morning? Tell them that some "free" federal government money is coming to the state. We've also seen how excited ... Keep Reading
Worst of the Recession May Not Be Over
Economist Robert Higgs crunches some numbers regarding the current recession and suggests that the worst may not yet be behind us. Real economic progress turns on a high rate of ... Keep Reading