Critics of the Austrian Business Cycle Theory claim that capital investors over time will no longer be fooled by artificially-low interest rates triggered by ...
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Martin Schulz, chief policy economist at Fujitsu, breaks down the Bank of Japan's latest move to raise rates for the second time this year. However he doesn't expect the BOJ to lift borrowing costs ...
This paper documents that households with higher marginal propensities to consume (MPCs) tend to consume goods with more flexible prices. Consequently, they face more cyclical and volatile inflation ...
YORK COUNTY, S.C. — The York County Library Board approved a controversial new book policy on Thursday that could restrict children’s access to LGBTQ-related books and potentially lead to legal ...
The York County Library board on Thursday approved a new book collection policy that critics warn will restrict children’s access to LGBTQ-related books and could expose the county to the same First ...
The Duval County School Board has approved changes to its book removal policy. Critics, including a law firm representing parents, argue the new policy could be unconstitutional. The policy directs a ...
US Treasury Secretary Scott Bessent spoke favorably of Japanese Prime Minister Sanae Takaichi’s expansionary fiscal stance, telling his counterpart Satsuki Katayama that it appears to be contributing ...
An Orange County, California, library system violated state law with its policy of restricting young people’s access to “sexually explicit” materials, a judge has ruled. Earlier this month, Orange ...
THE FEDERAL RESERVE is usually run by technocratic consensus. Today it has become a battleground. On September 17th the Fed cut interest rates for the first time since December, by a quarter of a ...