Economics
Save NYC Housing by Destroying It? That’s Mamdani’s Socialist Plan
EyeEm Mobile GmbH/iStock/Getty Images Plus If you’ve watched the 1990 film Goodfellas, you may remember the segment where mob boss Paulie becomes a partner in a restaurant, then purposely bankrupts the place and torches it to collect…
Trump Should Do THIS to Tackle the Affordability Crisis
Podcast: Play in new window | Download (Duration: 8:06 — 11.2MB)Subscribe: Android | | More The affordability crisis for youth is real and severe. A great first step for the Trump administration…
UN Summit Tests Cashless Society
Podcast: Play in new window | Download (Duration: 2:30 — 2.5MB)Subscribe: Android | | More The United Nations tested a cashless society concept at their annual COP30 climate summit, prohibiting…
Forget “Democratic Socialism,” Says Economist; Embrace “Democratic Capitalism”
Dilok Klaisataporn/iStock/Getty Images Plus “The worst crime against working people is a company which fails to make a profit,” wrote labor leader Samuel Gompers. This is also the sentiment with which economist and professor Mark Skousen…
Money Makes the World Go Round
“Imagine money falling from the sky. Would you slip a tenner into your pocket before you told anyone? Chances are, most of us would trouser a few notes rather than inform the authorities.” This is the opening of economist and banker David…
How Inflation Breaks Entire Nations
In his March 1914 Introduction to Andrew Dickson White’s classic essay, Fiat Money Inflation in France, John Mackay offered this ironclad wisdom every lawmaker should memorize: Legislatures are as powerless to abrogate moral and economic laws as…
Apple Launches TSA-ready Digital ID for Domestic Travel
AP Images Apple has launched Digital ID for the iPhone and Apple Watch. Drawing information from a user’s passport, the new feature is marketed as an “easy, secure, and private” way to verify identity during domestic travel, with…
Trump’s 50-year Mortgage Plan: Owning Less, Owing More
valentinrussanov/iStock/Getty Images Plus America’s housing dream keeps getting longer. After decades of stretching from 15-year to 30-year loans, President Donald Trump now wants to extend the horizon again – to 50 years. The idea, he…
I, Smartphone – The Stream
Make mine a cup of praseodymium with a terbium or two on the side, please. Make it snappy! Beautiful blue cobalt, a ferromagnetic metal with atomic number 27, is inside your smartphone, too. Presently, almost all of it comes from the African…
The Bible Is the One True Narrative of the World
“The question is not whether the whole of our lives will be shaped by some grand story. The only question is which grand story will shape our lives.” This critical question is asked at the conclusion of a 2006 public lecture given by Michael W.…