Tony Lima is professor emeritus of economics (CSU East Bay, Hayward, CA). He is a card-carrying, published wine economist.
Economic demand will largely be deferred, not eliminated. There may be a brief downturn in the economy, but look for a burst of spending once this crisis is over.
Falling oil prices are not the problem in Venezuela. The problem is socialism, price controls, and a money supply spiraling out of control.
Some 600,000 Californians have signed a petition that would allow a vote on whether to split the state into three.
Four Republican senators have blocked Obamacare repeal. These same senators’ low-income constituents are among those most hurt by Obamacare’s individual mandate tax.
The BBC flatly rejected a previous attempt to erect a statue in 2011, on the grounds that Orwell was too left-wing. Irony is now officially dead.
Newsweek recently published an article titled: ‘Was Stephen Paddock Normal? Many Gun Owners Keep 17 Firearms on Average.’ It’s based on a study that is all wrong.
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