According to data from the Federal Reserve, the top 10% of Americans by wealth own a record high 89% of all U.S. stocks held ...
If America’s economy has a prosperous holiday season, the data suggests, we’ll have rich folks to thank. The top 10% of earners now account for roughly half of all consumer spending, according to a ...
A fool and his money are soon parted. What else is still true?
Modern economists attempt to define money by correlating it with economic activity. As Austrian economists know, money is ...
It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is a false narrative, as increasing the ...
Americans are feeling increasingly uneasy about the economy and their own job prospects. According to a new Gallup report, confidence in finding a quality job fell in November to its lowest level ...
On the right side, you can see the upper diagonal heading up, while the one on the bottom falls to the ground. Now substitute upper-income Americans for the topmost diagonal, heading up and away, and ...
On Zack Polanski’s Magic Money Tree, economic gravity simply doesn’t exist - The Green Party leader thinks Modern Monetary ...
NORFOLK, Va. — Federal workers in Hampton Roads continue to tighten their budgets amid the ongoing government shutdown. Experts estimate the economy is slowing, as roughly $4 in $10 of economic ...