Surveys used to gauge optimism or pessimism about the economy may be interesting to read, but unless they are the product of sound and realistic economic theory, they are not economically useful.

Most people believe that ours is a “free-market” healthcare system, but nothing could be further from the truth. A true market-based system as explained here would be less costly and more oriented to patient care.

Human reason, wrote Ludwig von Mises, is the basis for civilization itself. Western civilization, he said, was built upon economic progress that sprang from reason. However, he also warned that if the West abandoned sound economics, it would trigger its demise.

Europeans are being forced into an energy transition through debt-fueled spending that will lead to permanently higher energy prices and stifle European competitiveness. This won‘t change the climate, but it will make the people poorer.