Skidelsky’s Push for Modern Mercantilism
Skidelsky manifests an inordinate distaste for money and “greed.” Far better in his eyes is the pursuit of power by the State, even at the cost of wars and massive public debt. Some of us will not agree.
Interventionism
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Two Years After Trump’s Exit from the Paris Agreement, It’s Proven To Be a Farce
Environmental activists admit that the Paris Agreement wasn't a "solution" to climate change, they should actually be thanking Trump for abandoning it.
Outlawing Jobs: The Minimum Wage
In truth, there is only one way to regard a minimum wage law: it is compulsory unemployment, period.
The Unseen Costs of “Medicare for All”
Many of the worst costs that will come with "Medicare for All" won't be calculated in dollars. They'll come in the form of doctor shortages, long wait times, and less access to care.
Tucker Carlson and AOC Are Wrong About Christianity and Usury
Alexandria Ocasio-Cortez thinks Christian theology supports her bill on excessive interest. Her position ignores the actual history of Christian views of usury.
The Meaning of Competition
Competition is a process of the formation of opinion: by spreading information, it creates that unity and coherence of the economic system which we presuppose when we think of it as one market.
The Broken Window
The broken-window fallacy, under a hundred disguises, is the most persistent in the history of economics.
The Lesson
The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence.
The Gateway Drug Myth
The Time magazine article creating "the gateway drug" myth in the 1970s provided no citations for its claims, except ambiguous references to unnamed “experts.” The evidence remains elusive forty years later.
