immigration
This website is not intended to ridicule Elon Musk, but rather highlight the harm to society caused by billionaire oligarches by showing why it is unwise to place so much power, influence, and admiration into the hands of a man who clearly appears to be a narcissist and clearly appears to have the mental abilities of an arrogant selfish bullying eight year old boy.
14 dec 2024 9:00 AM
Steve Hanke is a Professor of Applied Economics at John Hopkins.
11 dec 2024 12:35 AM
Both conservative and liberal economists clearly demonstrated that the vast majority of the rise in food costs during COVID was from corporate price gouging.
Price gouging is not a form of government waste.
The two major causes of inflation are demand-pull inflation and cost push inflation.
Demand-pull inflation is when the aggregate demand for goods and services exceeds the aggregate supply of goods and services that can be sustainably produced.
Cost-push inflation is when the aggregate supply of goods and services falls, such as depletion of a resource or severe weather harming crop production.
Imported inflation is when a decrease in the value of domestic currency occurs.
Inflation expectations is when the public or business believe that future price increases will occur and take actions that drive up prices.