What Is Seen—And What is NOT Seen: Bastiat’s Often-Ignored Wisdom
Bastiat reminded his readers that economic analysis involves not just what we see on the surface, but also the costs that are hidden from view.
Interventionism
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What Is Seen—And What is NOT Seen: Bastiat’s Often-Ignored Wisdom
Bastiat reminded his readers that economic analysis involves not just what we see on the surface, but also the costs that are hidden from view.
The Taxpayers Bailed Out Yellow Trucking. It Went Bankrupt Anyway.
The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.
The Rise of State-Controlled Medical Care
Dr. Terrell discusses the impacts of price controls, occupational licensure, the FDA, and more.
Minimum Wage
There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws.
Mercantilism: A Lesson for Our Times?
Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.
The Truth About Bidenomics: More Debt, More Inflation
One of the biggest problems of Biden's neo-Keynesian approach to government budgets is that it leaves households with less money in real terms and the “anti-inflation” measures increase debt and inflation.
