Anti-Deficiency Act: History and Functions The Anti-Deficiency Act (ADA) is Congress’s principal enforcement mechanism for its constitutional “power of the purse.” It bars federal officials from...

Political Economy

Anti-Deficiency Act: History and Functions The Anti-Deficiency Act (ADA) is Congress’s principal enforcement mechanism for its constitutional “power of the purse.” It bars federal officials from...

Are bond buyers drying up, are the Bond Vigilantes making a return? Find out who the Bond Vigilantes are and what role they play.

AI impact greater than most expect, do we need UBI? What should we be preparing for now?

America’s independence didn't begin with fireworks,...

We’ve all heard of the National Debt, do we know how it is composed?

A Former NY Federal Reserve Chair in 1946 posited that question. His responses are fascinating.

Capital Reallocation in response to Debt The "Debasement Trade" is a prominent investment strategy in current finance, defined by the systematic movement of...

Budgets, and Life Lessons from Mom

Government Shutdown: simple reference to what stays open, closed, paused, or reduced during the budget stalemate.