News Analysis If more households are spending on food and energy, will they modify their consumption patterns? With consumer demand gradually weakening and business activity slowing down, the consequences of surging food and energy inflation might be weighing on the broader economy. But what are the data showing and how are higher food and energy…
How Food and Energy Crises Contribute to Economic Downturn
News Analysis If more households are spending on food and energy, will they modify their consumption patterns? With consumer demand gradually weakening and business activity slowing down, the consequences of surging food and energy inflation might be weighing on the broader economy. But what are the data showing and how are higher food and energy…
Is the Food and Energy Crisis Fueling the Recession?
News Analysis If more households are spending on food and energy, will they modify their consumption patterns? With consumer demand gradually weakening and business activity slowing down, the consequences of surging food and energy inflation might be weighing on the broader economy. But what are the data showing and how are higher food and energy…
The Why of Quiet Quitting
August 26, 2022
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AnalysisBusiness & MarketsBusiness Columnistsjobsminimum wageOpinionquiet quittingrecessionworker productivity
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Commentary In one of my first real jobs, I was standing with some employees on the sales floor of a men’s suit shop and the boss walked by. “Please straighten up these ties, fellas,” he said. My friend waited for the man to move out of earshot and said: “No way am I doing that…
Taxpayers on the Hook for Ruling-Class Debts
August 25, 2022
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administrative stateAnalysisBusiness & MarketsBusiness Columnistsdebt cancellationemergency powersinflationnational debtOpinionrecessionstudent debttaxationtaxes
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Commentary Remember the transitional and temporary inflation that was supposed to come and go? We are now getting warnings from high up that this is the new normal. It’s a pattern with which we’ve become very familiar. Two weeks of lockdown became two years. One-hundred days of masking turned into a full year, and the…
Trump-McConnell Spat Distracting From GOP’s Work to Defeat Democrats in Midterms, Strategists Say
August 25, 2022
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2022 Midterm ElectionsAnalysisDonald TrumpNational NewsOpinionPoliticsRepublicansUnited StatesUSUS News
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News Analysis The swift escalation of the feud between former President Donald Trump and Senate Minority Leader Mitch McConnell (R-Ky.) does not help inspire candidates or rally GOP voters in closely watched midterm races in swing states, some political strategists and analysts have told The Epoch Times. The Republican Party infighting may ultimately lead to…
The New Normal of High Prices
Commentary Beef eaters got some good news over the last several days. Prices are starting to relax a bit for the higher-end cuts. They had become so unaffordable over the last six months that even the most devoted fans of New York strip and fancy filets switched to cheaper roasts and ground beef to satisfy…
Will the Arts Ever Thrive Again?
Commentary The architects of lockdowns—Anthony Fauci became the most prominent among them—exhibited a mono-maniacism that was hard to comprehend at the time and now. In real life, people organize activities around millions of concerns, from religion to arts to commerce. The lockdowns demanded that all that change in deference to a single pathogen. And that…
How Communism Led to Fascism and Violence
Commentary Communism is an ideology supposedly meant to achieve equality and peace. Still, in reality, its promotion of dictatorship and violent takeover of the means of production have invariably led to some of the world’s worst authoritarian regimes. As a result, tens of millions were killed in wars, famines, and genocides, including against Koreans, Afghans,…
What Was Your First Job?
Commentary A few years ago, I was tasked with giving a 45-minute introduction on business and economics to several hundred high-school students. From my experience, there is no better teacher than experience itself. Otherwise for these kids trapped in desks for 12-16 years, my words would be just another lecture. So, I decided to draw…
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