It is unlikely that President Biden and his advisers dislike the young, uneducated and unskilled, but their proposal to double the minimum wage to $15 per hour is unspeakably mean. It pains me that once again I need to give a basic tutorial on supply and demand; but...read more
Offsetting the Misery of the U.S. Government’s Spending Disaster Stimulus checks coupled with government-induced shortages could lead to higher rates of inflation
The persistent myth is that government spending increases economic growth when, in fact, it slows growth beyond a certain point. The myth is based on an old Keynesian theory argument that if there are unemployed people, the government can boost employment by giving...read more
IGEG experts have had senior level experience in monetary, tax, spending, trade, privatization, and regulatory policies and, therefore, are capable of evaluating an entire economy or a subset, such as the financial sector, depending upon the need.