Money by David McWilliams review – the story of cold hard cash | Economics
MaSecrets, or the lack thereof, were at the heart of Victorian fiction. Think of Mr Micawber in David Copperfield, in debtors' prison, waiting to be discovered. Or Augustus Melmotte, the financier in Trollope's How We Live. The stories always involved wills, heir dowries and the collapse of get-rich-quick Ponzi schemes. Novelists of the time knew […]
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 […]