Politics
Charles Dickens trained many to hate capitalism, but he never understood the difference between envious hatred of wealth and charitable concern for the poor....
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Politics
Consumer spending does not drive the economy. On the contrary, saving, investment, and entrepreneurship are the critical components of economic growth.
Politics
Scandinavia is not socialist; in fact, they are often ranked far higher than socialist economies like Venezuela in terms of economic freedom.
Politics
Losing one’s money, credit cards, and passports in a New York City cab could have been a disaster. Thanks to trust and cooperation among...
Politics
On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as...
Politics
While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with...
Politics
For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.
Politics
For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done...
Politics
For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done...
Politics
Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.
Politics
High time preference is a sign of economic degradation, and Bose shows that a rejection of Christian sexual ethics is a feature of a...
Politics
While the jury still is out regarding Javier Milei’s economic and political “reforms” in Argentina, one must remember that the damaging interventions into Argentina’s...
Politics
Mainstream economists are at a loss to explain why the current regime of inflation and central bank interventions have been so economically devastating. Understanding...
Politics
Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same...
