Opinion | What Old-School Economics Doesn't Get About Democracy
Danielle Allen makes the case that taxation and redistribution are a poor proxy for true equality.
Source: nytimes.com
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Social Security Trick: Spousal Adjustment Can Net Lower-Earner Up to 50% of Partner's Benefit
According to the Social Security Administration, when a worker files for retirement benefits, their spouse may be eligible for a benefit based on the worker's earnings. This spousal benefit also...
Source: gobankingrates.com
Fed Downplaying Inflation? Economists Warn It Could 'Accelerate Taper Process'
Several economists are sounding the alarm, saying that inflation might be a bigger threat than what the Federal Reserve is anticipating, triggering difficult markets for the quarter ahead. Learn: 4th...
Source: gobankingrates.com
Did the Fed Stop Reporting the Money Supply (M2)? Why Inflation is Coming Back
Did the Fed Stop Reporting the Money Supply (M2)? Why Inflation is Coming Back Share Share Jay Powell, Fed Chairman Reports are circulating that the Federal Reserve has given up on reporting the money supply because it’s a misleading guide to economic growth and price inflation. The broad-based M2 has been growing at double-digit-percentage rates for several years — M2 is up by 25% in the past year — yet price inflation (Consumer Price Index) is still hobbling along at 2% a year. Last week, Fed Chairman Jay Powell said he has given up on the money supply as an indicator of the eco...
Source: townhall.com