Recently The Prickly Pear ran an article by Oren Cass called Free Trade’s Origin Myth. Then we ran a rejoinder entitled On Comparative Advantage and International Capital Mobility by Donald Boudreaux, a staunch defender of free trade. As someone quite supportive of free markets, and free trade, we found reading both a bit disturbing. Furthermore, it […]
https://pricklypear.news/wp-content/uploads/logo_2023.png00Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2024-01-25 00:30:542024-01-23 11:23:52Is Free Enterprise At Home More Important Than Free Trade Abroad?
The Left is constantly warning us about the dangers of losing our democracy. They were convinced The Orange Man (Donald Trump) was going to steal our democracy for four years and if elected again will finally complete his goal of becoming a strongman autocrat. One major publication changed its tagline to say that “Democracy Dies in Darkness” while keeping people in the dark. As usual, this is just a head fake as they have little interest in the process of democracy in our country.
In late December, after US Treasury Secretary Janet Yellen borrowed $90 billion in just one day, the federal government’s public debt eclipsed $34 trillion for the first time in history. The steady accumulation of public debt has become a mainstay in modern America, seemingly as inevitable as death and taxes. But something strange happened when the […]
https://pricklypear.news/wp-content/uploads/logo_2023.png00Jon Miltimorehttps://pricklypear.news/wp-content/uploads/logo_2023.pngJon Miltimore2024-01-24 00:30:252024-01-22 06:32:12Meet the Economist NPR Interviewed to Explain Why America’s $34 Trillion Debt Is Definitely Not a Problem
Editors’ Note: The administrative (deep) state of the Executive branch is the greatest threat to the individual sovereignty and liberty of all U.S. citizens in our Republic. The Chevron Deference doctrine granted the many parts of the executive branch and its departments to be the actual law writers and enforcers of its editing and rewriting […]
https://pricklypear.news/wp-content/uploads/logo_2023.png00Margot Clevelandhttps://pricklypear.news/wp-content/uploads/logo_2023.pngMargot Cleveland2024-01-23 00:32:572024-01-23 07:16:13How Disgruntled Fishermen Could Prompt SCOTUS To Capsize The Administrative State
Housing market is frozen, people have gone on buyers’ strike, and sellers are hoping that this too shall pass. The median price of existing single-family houses, condos, and co-ops in the US whose sales closed in December dropped to $382,600, down by 7.5% from the peak in June 2022, according to data from the National Association […]
https://pricklypear.news/wp-content/uploads/logo_2023.png00Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2024-01-23 00:28:572024-01-23 09:23:14Amid Collapsed Demand for Existing Homes, New Listings Come out of the Woodwork
Editors Note: We recently ran an article by Oren Cass, questioning the validity of free trade. To balance that view, and provoke thinking, we offer this rejoinder. We will have our own take on this issue forthcoming. Two decades ago, economist Paul Craig Roberts joined forces with Sen. Chuck Schumer (D-NY) to warn of […]
https://pricklypear.news/wp-content/uploads/logo_2023.png00Donald J. Boudreauxhttps://pricklypear.news/wp-content/uploads/logo_2023.pngDonald J. Boudreaux2024-01-22 00:28:002024-01-21 07:30:25On Comparative Advantage and International Capital Mobility
Editors’ Note: It is amazing to us that Dr. Anthony Fauci, the chief proponent of the “Great Covid Panic”, can give closed-session testimony, reveal his errors in judgement, and so little consequence follows from those admissions. Here is a man who funded the research that set this plague loose on the planet, working hand in […]
Americans are worried about the national debt, according to the results of a new poll. Americans have the national debt crisis as one of their top concerns along with war, inflation, and crime. Those polled think the overspending has a direct impact on their personal security and also has an impact on the security of […]
Armed with income increases that outran inflation by a wide margin in 2023, they continue to splurge, no matter what. Total retail sales jumped by 0.6% seasonally adjusted in December from November, and by 5.6% year-over-year, to $710 billion. Not seasonally adjusted, retail sales jumped to $771 billion, according to Census Bureau data today. Despite price drops […]
Pretending it’s not happening will only make the consequences worse The Biden administration’s continuing effort to conceal or lie about the historic rates of immigration into the country is fast becoming a crisis in its own right—a socially-toxic version of The Emperor’s New Clothes. “It’s not unusual,” White House Press Secretary Karine Jean-Pierre casually remarked […]
https://pricklypear.news/wp-content/uploads/iStock-615741676-scaled.jpg17072560Steven Camarotahttps://pricklypear.news/wp-content/uploads/logo_2023.pngSteven Camarota2024-01-19 00:30:132024-01-17 06:56:32Unrestricted Immigration Is a Real Problem
Is Free Enterprise At Home More Important Than Free Trade Abroad?
/in /by Neland NobelRecently The Prickly Pear ran an article by Oren Cass called Free Trade’s Origin Myth. Then we ran a rejoinder entitled On Comparative Advantage and International Capital Mobility by Donald Boudreaux, a staunch defender of free trade. As someone quite supportive of free markets, and free trade, we found reading both a bit disturbing. Furthermore, it […]
No Interest in Democracy
/in /by Bruce BialoskyThe Left is constantly warning us about the dangers of losing our democracy. They were convinced The Orange Man (Donald Trump) was going to steal our democracy for four years and if elected again will finally complete his goal of becoming a strongman autocrat. One major publication changed its tagline to say that “Democracy Dies in Darkness” while keeping people in the dark. As usual, this is just a head fake as they have little interest in the process of democracy in our country.
Meet the Economist NPR Interviewed to Explain Why America’s $34 Trillion Debt Is Definitely Not a Problem
/in /by Jon MiltimoreIn late December, after US Treasury Secretary Janet Yellen borrowed $90 billion in just one day, the federal government’s public debt eclipsed $34 trillion for the first time in history. The steady accumulation of public debt has become a mainstay in modern America, seemingly as inevitable as death and taxes. But something strange happened when the […]
How Disgruntled Fishermen Could Prompt SCOTUS To Capsize The Administrative State
/in /by Margot ClevelandEditors’ Note: The administrative (deep) state of the Executive branch is the greatest threat to the individual sovereignty and liberty of all U.S. citizens in our Republic. The Chevron Deference doctrine granted the many parts of the executive branch and its departments to be the actual law writers and enforcers of its editing and rewriting […]
Amid Collapsed Demand for Existing Homes, New Listings Come out of the Woodwork
/in /by Wolf RichterHousing market is frozen, people have gone on buyers’ strike, and sellers are hoping that this too shall pass. The median price of existing single-family houses, condos, and co-ops in the US whose sales closed in December dropped to $382,600, down by 7.5% from the peak in June 2022, according to data from the National Association […]
On Comparative Advantage and International Capital Mobility
/in /by Donald J. BoudreauxEditors Note: We recently ran an article by Oren Cass, questioning the validity of free trade. To balance that view, and provoke thinking, we offer this rejoinder. We will have our own take on this issue forthcoming. Two decades ago, economist Paul Craig Roberts joined forces with Sen. Chuck Schumer (D-NY) to warn of […]
Fauci Admits to Multiple COVID-19 Missteps during Closed-Door Hearing
/in /by Jon MiltimoreEditors’ Note: It is amazing to us that Dr. Anthony Fauci, the chief proponent of the “Great Covid Panic”, can give closed-session testimony, reveal his errors in judgement, and so little consequence follows from those admissions. Here is a man who funded the research that set this plague loose on the planet, working hand in […]
Poll Finds Americans Worried About National Debt
/in Economy, Featured, Latest News, National Debt, Personal Finance, Politics/by Brett RowlandAmericans are worried about the national debt, according to the results of a new poll. Americans have the national debt crisis as one of their top concerns along with war, inflation, and crime. Those polled think the overspending has a direct impact on their personal security and also has an impact on the security of […]
Our Drunken Sailors Push Back Against Rate-Cut Mania
/in Economy, Featured, Latest News, Personal Finance/by Wolf RichterArmed with income increases that outran inflation by a wide margin in 2023, they continue to splurge, no matter what. Total retail sales jumped by 0.6% seasonally adjusted in December from November, and by 5.6% year-over-year, to $710 billion. Not seasonally adjusted, retail sales jumped to $771 billion, according to Census Bureau data today. Despite price drops […]
Unrestricted Immigration Is a Real Problem
/in Culture War, Economy, Education, Election Integrity, Featured, Foreign Policy, Healthcare, Latest News, National Security, Politics/by Steven CamarotaPretending it’s not happening will only make the consequences worse The Biden administration’s continuing effort to conceal or lie about the historic rates of immigration into the country is fast becoming a crisis in its own right—a socially-toxic version of The Emperor’s New Clothes. “It’s not unusual,” White House Press Secretary Karine Jean-Pierre casually remarked […]