What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got
For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is
Warren Buffett is well-known for his investment acumen, and he often makes public statements in favor of capitalism. But his loyalty to
The Trump administration continues its assault on the First Amendment and the rights of dissenters. The latest casualty is a Turkish graduate
Economists like to claim that expectations of more inflation lead to, well, more inflation. Such beliefs ignore the fact that inflation is
Is Britain poorer than Mississippi? Taking into account welfare benefits and taxes, the answer appears to be yes, and it's yes for
