Authored by Jonathan McCormick via Campus Reform, Following controversy over a Chief Equity and Inclusion Officer’s decision to post a photograph of himself with a profane political sign, one Michigan community college has opted to eliminate the position completely. Citizens of Battle Creek, Michigan gathered to share their thoughts regarding the actions of Kellogg Community… Read More

If you think global demand will rebound as global debt and confidence implode, you better not be making consequential decisions based on Euphorestra-addled magical thinking. Even before the Covid-19 pandemic, the global economy was slowing for two reasons: 1) everybody who can afford it already has it and 2) overcapacity. One word captures the end-of-the-cycle stagnation: saturation.… Read More

Q: “Why is the Fed reluctant to let the boom-bust nature of markets play out?” A: “Because it what’s they’ve always done [since the Fed was founded in 1913]…Once you’re in power, you’re going to do what you can to defend the system as it is” The best official measure of the money supply created… Read More