In Janet Yellen's Q&A with the House Financial Services Committee, Rep. Tom Emmer asked about the possibility and consequences of negative interest rates.
A ballot measure to legalize marijuana in Ohio failed this week, although as Mark Thornton notes, it was really just a scheme to give a government agency a cronyist monopoly on cannabis sales.
Without freedom in ideas and the profit motive, entrepreneurs will be unable and unwilling to spread the benefits of science across the globe, and countless advances will be doomed to obscurity, when they could be used to improve human life.
In a global perspective, there is no clear relationship between obesity and wealth. At middle- and high-income levels, diverse countries often display varying levels of obesity. At the very lowest levels of wealth, of course, there is a clear ...
UPDATE: The fact that marijuana legalization ballot measure (Issue #3) failed in Ohio is not an indication that legalization is not supported by the people. It was...
Matt Zwolinski, a philosopher at the University of San Diego, claimed on the Tom Woods show that libertarians should support a basic income guarantee. Woods countered his arguments.
According to the Organization of Economic Cooperation and Development, "social expenditures" are expenditures that occur with the purpose of redistributing resources from one group to another, in order to benefit a lower-income or presumably disadvantaged population.
