Well Past Time We Stand Up To The Birkenstock Crowd

Rob Smith, RealClearMarkets

I came home one day, and my boy Coleman and his pal Adam were downstairs in the basement playing the Madden football video game. I could hear them dissing each other and whupping it up like a bunch...

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Biden and McCarthy's Budget Deal to Lift Debt Ceiling

Li Zhou & Dylan Matthews, Vox

But the drama isn't over yet. To end the threat of the default, the bill needs to make it through Congress.

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Don't Expect the Markets To Rejoice Over Debt-Limit Deal

Elisabeth Buchwald, CNN

You'd expect the stock market to surge after the White House and House Republicans reached a tentative deal to raise the debt ceiling, But markets may have other plans.

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Do Not Overrate the Influence of Ratings Agencies

Market Minder, Fisher Investments

Credit ratings agencies are entitled to their opinions, but don't overrate the effect on government borrowing costs.

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GOP's Goal With Debt Deal Is Cruelty to the Poor

Michael Hiltzik, Los Angeles Times

The rich won't be hurt a bit by the Biden/McCarthy debt ceiling deal. It's the poor who will pay. That was Republicans' priority all along.

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America's Perilous Shortage of Bona Fide Free Thinkers

Editorial, Issues & Insights

A society without dissenters and contrarians not only lacks color and vibrance, it is accelerating toward a wreck.

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Sorry, This Isn't Even 'Deflation' As the Monetarists Imagine It

John Tamny, Forbes

Money in circulation is always and everywhere a consequence of production.

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