GDP

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American Dollars in Focus
Licensed via Adobe Stock

The U.S. Has No Choice but to Undertake Radical Economic Change

Burdened with $34.5 trillion in national debt that is currently growing by $1 trillion every 100 days, the U.S. economy is headed for disaster. It falls on the next administration to change that trajectory while also introducing policies that increase and broaden economic growth and wealth creation for everyone. Read More ›
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Factory Interior. Date: 18th century
Factory Interior. Date: 18th century

Work Less, Earn More, Live Longer

In 1856 men in the U.K. had a life expectancy of around 58 years, or 502,860 life hours. According to a study by Professors Jesse Ausubel and Arnulf Grübler, over the course of their lives, these men typically spent around 30 percent of their time, or 149,700 hours working. Read More ›
Elon Musk
U.S. AIR FORCE ACADEMY, Colo. -- Tesla Inc. Chief Executive Officer Elon Musk speaks with Lt. Gen. Richard Clark, Superintendent of the U.S. Air Force Academy, during the Ira C. Eaker Distinguished Speaker Presentation in the Academy's Arnold Hall on April 7, 2022 in Colorado Springs, Colo. (U.S. Air Force photo by Trevor cokley)

Elon Musk Gets an A in Econ. Janet Yellen Gets a D-

Elon Musk and Julian Simon are right. Janet Yellen and Thanos are wrong. More human beings create much more wealth for all of us to enjoy, if given the freedom to innovate by learning and discovering new valuable knowledge to share in free markets. Invest in people. We pay the highest dividends. Read More ›
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Ponzi Scheme text with document brown envelope and gavel isolated on office desk.
Ponzi Scheme text with document brown envelope and gavel isolated on office desk.

Demographic Collapse #2: Ponzi Schemes

I have been arguing that a decline in population (“demographic collapse”) need not be a bad thing. If per-worker productivity remains high, or better yet rises considerably, then individuals and the society in general will remain wealthy and prosperous. Read More ›