Apple Tumbles On China, Service Revenue Miss

A 28 Item Grocery Order From Target That Cost $64.50 In 2020 Now Costs $158.30 Authored by Michael Snyder via The Economic Collapse blog, The cost of living has become absolutely suffocating for millions of Americans. For years, the bureaucrats in Washington have been feeding us numbers that show that the rate of inflation is low, but it is obvious to everyone that what they are telling us is simply not true. Many of the items that I regularly purchase at the grocery store have more than doubled in price over...

True prosperity cannot be measured by aggregate spending totals prone to manipulation and malinvestment, but by private-sector health, wage gains across income levels, and genuine productive investment.

A Villainous Blueprint For Managed Poverty Authored by Veronique de Rugy via The Eoch Times, Writer and philosopher Ayn Rand was often accused of inventing cartoonish villains. Rogues like Ellsworth Toohey in “The Fountainhead” would scheme to seize the global economy’s commanding heights in pursuit of a distorted sense of justice. But the people who hold such ideas don’t just appear in cartoons or in Rand’s novels. Enter Thomas Piketty and company. In early June, Piketty - the French economist whose work on inequality has made him something of a rock star even while...