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Новости за 18.06.2024

Secret Service member robbed at gunpoint during Biden's weekend California trip 

TheHill.com 

A U.S. Secret Service member was robbed at gunpoint in Tustin, Calif., last Saturday while President Biden was in the state for a Los Angeles fundraiser, according to authorities. The Secret Service member was returning from a work assignment late Saturday when an armed robbery occurred, prompting them to fire their service weapon, according to...

Geopolitical Tensions Threaten French Uranium Interests in Niger

«The Rio Times» 

In the shifting sands of international relations, the French corporation Orano stands at a precarious crossroads in Niger. The company, a stalwart in uranium mining for over half a century, faces the potential revocation of its rights to mine at the Imouraren deposit, one of the world’s largest uranium reserves. This development follows a military […]

Nominal GDP as an indicator

Library of Economics and Liberty 

Many of my contrarian opinions derive from my focus on a single macroeconomic variable—NGDP.

Consider the recent period of high inflation. Almost all economists believe the inflation was caused by a mix of supply and demand side shocks. In contrast, I believe the high inflation was all demand-side, with supply shocks playing no role at all, at least over the 2019-24 period as a whole.

Consider some data from the past 4 1/4 years:

Under 4% NGDP targeting, NGDP should have... Читать дальше...

Idaho Farmers Facing Water-rights Restrictions

New American 

Farmers are facing water restrictions in Idaho due to groundwater districts allegedly not complying with “approved mitigation plans” set by the Idaho Department of Water Resources (IDWR). Brian Murdock, a farmer in east Idaho told Fox Business: Well, like … you said, the state of Idaho and the Idaho Department of Water Resources has issued ...

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