When The U.S. Paid Off The Entire Nation...

We all know the government uses taxes to pay for things. But what about using taxes to control behavior? This week on Summer School, Professor Darrick Hamilton of The New School, helps us explore the true power of the tax code. Can taxes help lift people out of poverty? What abou ... Show More

What people might picture when they think of "Made in America" ... might not look like the "Made in America" we have today.The U.S. does have a domestic manufacturing industry, including a garment manufacturing industry. In today's episode: We buy a garment made by factory worker ... Show More

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel laureate, Simon Johnson, says that influence has been there since the birth of economics. Call it political economy. Call it government and bu ... Show More

In part three of our national debt masterclass, we share a simple debt dynamics formula we can monitor to help guide our investment choices.Topics covered include:How much has the national debt grown over the past fifties years, and what are the underlying driversHow the budget d ... Show More

#recession #money #recession2023 #money  #inflation #deflation #interestrates #dollar #economy  The mainstream emphasis on Treasury auctions is, like so many of these things, completely misplaced. It's not just misplaced, even the worst Treasury auctions don't actually matter. In ... Show More

The US debt ceiling is all anyone in Washington (and increasingly elsewhere) can talk about these days. For months, politicians have been in a stalemate triggered by Republican demands for spending cuts as the price for paying America's debts. With next week seen as the point at ... Show More

#106 Why some nations are at risk of default on their national debt and others are not. Plus why the U.S. national debt will never be repaid. Show notes at http://moneyfortherestofus.net/mny106-national-debt/See Privacy Policy at https://art19.com/privacy and California Privacy N ... Show More

In the past decade or more, votes over increasing the U.S. debt ceiling have increasingly been used as a political tool. That has led to intense showdowns in 2011, 2013 and, now, 2023. This year, both sides of the argument are dug in and Republicans appear more willing to go over ... Show More

Across the United States, 45 million borrowers now owe $1.6 trillion in debt for federal loans taken out for college — more than consumers owe on any other debt except mortgages.For the past two years, beginning as the pandemic spread, the U.S. government has allowed tens of mill ... Show More