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Elon Musk and Vivek Ramaswamy’s Department of Government Efficiency aims for $2 trillion cuts in federal spending, igniting debate on the risks of such drastic measures. Created as an advisory …
Elon Musk’s Vision for Budget Cuts: Dream or Disaster? Read More
Elon Musk and Vivek Ramaswamy’s DOGE aims to slash $2 trillion from the U.S. federal budget. Though they claim to have found $5 trillion in potential savings, such drastic cuts …
Elon Musk’s Ambitious Quest to Slash the US Budget with DOGE Read More
Goldman Sachs economist Jan Hatzius claims that increased use of GLP-1 weight-loss drugs like Ozempic could boost US GDP by 1% if 60 million Americans are treated by 2028. Healthcare …
Goldman Sachs: GLP-1 Weight-Loss Drugs Could Propel US Economic Growth Read More
President-elect Donald Trump’s tariff plan marks a significant shift in U.S. trade policy, challenging conventional economic theories about trade deficits. Rooted in a contrarian viewpoint, these tariffs aim to address …
Trump’s Tariff Strategy: Redefining U.S. Trade Policy Through Unconventional Economics Read More
Karl Polanyi critiques laissez faire economics, arguing it disrupts family life and community by prioritizing profit over human relationships. He contrasts economics, which aims for societal well-being, with chrematistics, driven …
Revisiting Laissez Faire Economics: A Family-Centric Perspective Read More
Bobby Djavaheri of Yedi Houseware warns that Trump’s proposed tariffs could drastically increase appliance prices. Currently affordable items could surge in cost, pressuring consumers and small businesses alike. While some …
Worries Mount Among Business Owners Over Trump’s Tariff Proposals Read More
Donald Trump’s presidency promises significant changes impacting personal finances for Americans. By potentially expanding child tax credits, extending tax cuts, and reforming health care, his administration sets the stage for …
The Financial Landscape Ahead: How a Trump Presidency Could Affect Your Wallet Read More
With grocery prices soaring over 25% since Biden took office, Trump’s challenge is to address consumer frustration. Experts suggest strategies like increasing oil production, enforcing antitrust laws, and possibly imposing …
Strategies Trump Could Employ to Tackle Rising Grocery Prices Read More
Economic Update, hosted by Richard D. Wolff, discusses the current local and global economic climate, exploring innovative organizational structures and government policies through the lens of alternative economic practices. The …
Exploring Economic Alternatives: Insights from Richard D. Wolff Read More
Michael T. Owyang is a senior economic policy advisor at the Federal Reserve Bank of St. Louis, specializing in Bayesian econometrics. His influential research includes diverse topics such as inflation …
Michael T. Owyang: Pioneering Economic Insights at the St. Louis Fed Read More