UK debt hits 100% of GDP, the highest level since 1960s | Economics
The scale of the challenge facing Chancellor of the Exchequer Rachel Reeves ahead of the autumn budget was made clear with Britain's national debt rising to its highest level since the 1960s and consumer confidence collapsing. The numbers are UK Office for National Statistics (ONS) The government's outstanding debt hit 100 percent of gross domestic […]
Populist economics blare forth from Harris, Trump campaigns
Presidential candidates who have secured party support ahead of a general election have traditionally taken ideologically center-center positions on economic policy issues to appeal to middle-class moderates in both parties. Not so in 2024. Economic messaging from both Democrats and Republicans has targeted lower-income voters and struck an overtly populist tone as candidates scramble to […]
Obama’s alma mater under fire after conservative economics professor let go
Occidental College in Los Angeles is facing allegations of ideological bias after deciding not to renew the contract of an economics professor with conservative views. Daron Dzerjian has been teaching a variety of economics classes at Occidental College (commonly known as “Oxy”) since 2010, and his classes have been well-received by students online, economist Mark […]
Poll finds rebound for Democrats on economics after Biden steps down, but pollster warns ‘their worries aren’t over’
A new poll shows Democrats are regaining support for their economic policies in the presidential election, but a majority of Americans want Kamala Harris to reject her predecessor’s economic policies. The survey carried out A poll conducted by the University of Michigan Ross School of Business for the Financial Times found that Americans trust Democratic […]
PragerU Spreads the Judeo-Christian Value System in Economics 101
We were joined by Dennis Prager Show producer and Prager U co-founder Allen Estrin. Breitbart News Daily Host Mike Slater talks about PragerU’s 2 billion views of short-form video content per year and introduces the latest PragerU 5-minute video series, “Economics 101.” Slater began his show by playing an audio clip of Vice President Kamala […]
UK jobs market cools again as wage growth slows | Economics
British wage growth slowed to its lowest level in two years in May due to a weakening jobs market, highlighting the challenges for the Bank of England as policymakers consider whether to cut interest rates. The numbers are UK Office for National Statistics The ONS said annual wage growth slowed to 5.7 percent in the […]
Economics in Action by Brian Balfour
Estimated Reading Time: 5 minutes Very few young Americans learn anything about economics. Some high schools offer it, but the courses are usually taught by teachers who have scant knowledge of the field, using books that are heavily laden with anti-market sentiments. Such books reinforce socialistic ideas about worker exploitation, the supposed instability of capitalist […]
‘Labour will surpass your expectations’: the leftwing thinktank boss standing on Starmer’s agenda | Economics
MIatta Fernbulle has been talking about economic transformation for as long as she can remember. After she and her family fled Liberia’s civil war as a child, politics and economics were the main topics of conversation at London breakfast tables. “When other people are talking about it, eastenderswe were trying to change the economic settlement,” […]
Ohio Senate candidate Moreno cites birthrate in favor of pro-family economics
EXCLUSIVE — Ohio Senate hopeful Bernie Moreno said he will push for pro-family economic policies should he make it to Capitol Hill, citing declining birthrates in the United States. Moreno, a 57-year-old car dealership owner, is hoping to unseat incumbent Sen. Sherrod Brown (D-OH) in Ohio’s competitive Senate race. The race is listed by the […]
Mark Cuban schools House Democrat with basic economics lesson for claiming Trump is broke: ‘How do I know? Math.’
Billionaire businessman Mark Cuban on Tuesday scolded Rep. Ted Lieu (D-Calif.) for falsely claiming that Donald Trump is bankrupt. Far-left lawmaker Lieu welcomed Trump’s remarks. Unable to secure $464 million bond This is necessary before he can appeal the New York civil fraud judgment against him. Mr. Liu avoided basic economic understanding and took the […]