Imagine being in an airplane and one of the engines catches fire. The captain announces over the intercom that “Ladies and gentlemen, this is your captain speaking. Our left engine has caught fir, but there is no reason for concern; we will still be able to land...
The SEC’s Office of Investor Education and Advocacy (OIEA), the Commodity Futures Trading Commission’s Office of Customer Education and Outreach (OCEO), the Financial Industry Regulatory Authority (FINRA) and the North American Securities Administrators Association...
With only one week left in the fiscal year, it looks like the budget deficit for the federal government for Fiscal Year 2024 is going to come in at about $1.9 trillion, which is 6.7% of GDP. To put this in historical perspective, we know of no other year in US history...
You don’t have to read or listen for long these days before you hear a politician, pundit, or politically-inclined person say: “Government spending causes inflation.” Don’t get us wrong…anyone who wants to cut the size and scope of government is a friend of ours....
The growth of bureaucracy around the world has led to a proliferation of rules. This creates multitudes of problems, one of which is that the state has made understanding what it is doing impenetrable, boring, nuanced, and technical. With vast resources, numerous...
