GDP


Can Truth Prevail? ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org March 3, 2017   Can Truth Prevail?   According to official US economic data, the US Gross Domestic Product (GDP) has expanded for 22 quarters, raising real GDP 12.1% above its high prior to the 2008-09 economic contraction. Yet, US manufacturing output and US industrial production have […]

Dr. Paul Craig Roberts

Dr. Paul Craig Roberts

Another Phony Jobs Report

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 6, 2016   Another Phony Jobs Report   As John Williams has made clear, the monthly payroll jobs number consists mainly of an add-on factor of 200,000 jobs. These jobs are a product of the assumption in the Birth-Death Model that new business ventures create more […]


Why Median Incomes Probably Are Really Going Down

Why Median Incomes Probably Are Really Going Down

By Ryan McMaken Mises.org May 11, 2016   Why Median Incomes Probably Are Really Going Down   In response to last week’s post on median incomes, several readers responded on Twitter with links to posts by the American Enterprise Institute think tank which explain some of the problems with using measures of household income. At the Mises […]


This World Map Shows Where Families Save the Most Money

By Raul Howmuch.net April 16, 2016   This World Map Shows Where Families Save the Most Money   The Global Finance Magazine recently released an article aggregating household savings rates across the world for 2015, sourcing data from the Organization for Economic Development and Cooperation (OECD). Household savings, as defined by the Global Finance Magazine, […]

This World Map Shows Where Families Save the Most Money

The Ticking Debt Bomb

The Winter of Discontent

By Peter Schiff Euro Pacific Capital April 15, 2016   The Winter of Discontent   The Winter of 2015-2016, which came to an end a few weeks ago, has been officially designated as the mildest in the U.S. in 121 years according to NOAA. While this fact will certainly add a major talking point in the […]


What the Federal Reserve Could Do

By Paul-Martin Foss Carl Menger Center March 30, 2016   What the Fed Could Do     The financial media is abuzz with speculation about what the Fed will do next, and whether it will decide to hike the federal funds rate target at its April Federal Open Market Committee (FOMC) meeting. There is a […]

Donald Trump and the Federal Reserve’s Board of Governors

Dr. Paul Craig Roberts

The Evil Empire Has The World In A Death Grip ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org February 22, 2016   The Evil Empire Has The World In A Death Grip   In my archives there is a column or two that introduces the reader to John Perkins’ important book, Confessions of an Economic Hit Man. An EHM is an operative who sells the […]


Robert Shiller Is Shilling for Socialism

By Peter St. Onge Mises.org October 19, 2015   Robert Shiller Is Shilling for Socialism   The Nobel Prize just gets cheaper and cheaper. Recent laureate Bob Shiller graces the New York Times with his latest rant that free-markets stink, bolstering his argument by making stuff up. For starters, Shiller writes that America’s wealth “can be […]


Real Wealth Weaker than GDP Stats Show

By Frank Shostak Mises.org September 8, 2015   Real Wealth Weaker than GDP Stats Show   US real gross domestic product (GDP) grew faster than initially thought in Q2. GDP expanded at a 3.7 percent annual rate during the second quarter, instead of the 2.3 percent rate reported for the quarter last month. The annual change […]


What Kind of “Improvement” Does the Fed Want?

By Peter Schiff Euro Pacific Capital August 7, 2015   What Kind of “Improvement” Does the Fed Want?   Over the past few years observing changes in Federal Reserve interest rate policy has been a little like watching paint dry or grass grow…only not as exciting. That’s because the Fed has not changed its benchmark Fed […]

The Ticking Debt Bomb

In Greece, Reliance on Public Funds Is the Central Problem

By Justin Murray Mises.org August 6, 2015   In Greece, Reliance on Public Funds Is the Central Problem   Greece is a hot topic at the moment, mostly with the continued negotiations over bailouts from the European Union and, through institutions like the IMF, the world at large. Much of the discussion paints the image […]