Peter's Blog

Boeing Strikes Bode Ill for the U.S. Economy

“No” is Boeing’s final word to union workers, who say they plan to remain off work for the “long haul” after the company walked away from the negotiating table.

Credit Card Interest Rates Hit All-Time High

Even as the Fed cuts interest rates, and signals that more rate cuts on the way, consumer credit card interest rates are hitting all-time highs. A Bankrate report said that the average retail credit card interest rate reached a whopping 30.45 percent earlier this year, up from 2021’s average of 14.35 percent. 

 The True Injustice: Inequality of Opportunity, Not Income

The debate over the income gap in the U.S. is hotly contested. However, most proclaimed “solutions” entirely miss the root of the issue.

Dollar vs. Yen: A Race to the Bottom

The troubled yen surged last week as the Fed cemented their decision to implement a huge interest rate cut as Shigeru Ishiba, an advocate for higher interest rates in Japan, won the election for Japanese Prime Minister.

The Digital Puppeteers: Big Tech’s Influence on Society

Tech companies have revolutionized the modern age, allowing for transcontinental communication, instant access to information, and unprecedented connectivity between people worldwide. But this revolution has come at a cost; these companies have undue influence over our lives, possessing the capability to shape public discourse, consumer behavior, and even political outcomes.

“Leave Immediately:” U.K., U.S. Plan for All-Out War

While Israeli troops prepare for a possible ground invasion into Lebanon, the U.S. and its allies are scrambling to patch together a temporary ceasefire that could postpone the worst of the conflict.

Ist Es Vorbei? The Downfall of Deutschland

While for years the German economy was touted as an example of national stability and industrial resilience, an impending political shake-up coincides with a new era of German decline. The 2008 financial crisis had much less effect on Germany than the rest of the world, and German dominance and safety was expected. A long history […]

Escaping Bureaucratic Gravity: The Case for Free Market Economics in Space Exploration

The spirit of space exploration is one of curiosity and innovation, not suffocating government bureaucracy.

Why the Secret Service Can’t Solve American Political Violence

“The assassination of a member of Congress is not a question of ‘if,’ it’s a question of ‘when,’” Ritchie Torres (D-NY) told Axios this week. “We are living in an age of political violence.”

Kamalanomics: Robbing the Future to Appease the Present

As the 2024 presidential race ramps up, Vice President Kamala Harris has unveiled an economic agenda that she claims will lower costs for American families and boost economic growth. However, her proposals reveal a reliance on heavy-handed government intervention that will harm the very people she aims to help. At the core of Harris’ approach […]