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The Effects of Minimum Wage on Productivity
It’s no secret that minimum wage laws lower employment for low-skilled workers, especially for teenagers seeking entry-level employment. The Congressional Budget Office’s (CBO) own projections...
Nominal and Real Core Retail Sales Increase in July
Total nominal retail sales and food-services spending were unchanged in July following an 0.8 percent increase in June. From a year ago, retail sales are...
Self-Driving Cars and the Nirvana Fallacy
“A single death is a tragedy, a million deaths is a statistic.” The first time I’ve quoted Joseph Stalin, his observation seems apropos to the...
About That “0 Percent” Inflation in July
On Wednesday, August 10th, the Bureau of Labor Statistics release of the July 2022 Consumer Price Index data showed a year-over-year change of 8.5 percent....
Economics Can Help You Understand Why Warner Bros. Sunk $90 Million Batgirl Movie
Warner Bros. Discovery (WBD) recently made headlines when they canceled the release of their upcoming Batgirl movie, starring Michael Keaton, J.K. Simmons, and Leslie Grace...
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Here Is Why 37 Percent Of U.S. Farmers In The Western Half Of The Country Are Killing Their Own Crops
Food doesn’t just magically show up at the grocery store. If farmers and ranchers do not produce it, we do not eat. I know that...
Will Catastrophic Crop Losses In 2022 Lead To Unprecedented Shortages In 2023?
Crops are failing all over the globe this summer, but most people don’t even know that this is happening because the big television news channels...
A “Housing Recession” Is Here, And It Isn’t Going To Be Fun…
Our concerns about the housing market have been confirmed. This week, the corporate news is full of headlines about the new “housing recession” that has...
Earnings Preview: What To Expect From WalMart On Tuesday
Walmart Inc. is scheduled to report earnings before Tuesday’s open. The stock hit a record high of $160.77/share in 2022 and is currently trading near
Stocks making the biggest moves midday: Disney, Poshmark, Vroom and more
In this articleMROGILDFCXMRNADisney World celebrated its 50th anniversary in April
The Continuing Case For Price Resets At Colleges And Universities
When you are buying a car, you walk onto the lot or into the showroom, look at several cars and negotiate the price of the
