ECONOMICS

Authored by Peter C. Earle via the American Institute for Economic Research,

The bankruptcy filing of WeWork Inc. on November 6, 2023 came with neither a whimper nor a bang, but with a laconic shrug. Although the company has been around for 13 years, it has been defined more by successive flirtations with demise and unseemly corporate revelations than by innovative ideas for the second half of its life. Few were surprised when the latest, and possibly not the final, chapter (more…)

Authored by Doug Casey via the International Man,

International Man: Everyone knows that the US government has been bankrupt for many years. But we thought it might be instructive to see its current cash-flow situation.

The US government’s budget is the biggest in the history of the world and is growing at an uncontrollable rate.

Below is a chart of the budget for the most recent fiscal year, which had a deficit of nearly $1.7 trillion.

Before we get into (more…)

By Mish Shedlock of MishTalk

The teacher’s union and Gov. J.B. Pritzker kills scholarships for 9,600 poor children.

On November 1, the Illinois Policy Institute discussed the Last Stand for School Choice in Illinois

The Last Stand Dies

Here is today’s announcement: School Choice Dies in Illinois

I Despise the Teachers’ Unions

I absolutely despise the Teachers’ Unions, especially Illinois. They hold kids hostage for unjustified wages and benefits and (more…)