Even the CBO’s wildly optimistic budget estimates predict deficits and interest expenses will soar, even without a recession. That means in the real world, the disastrous debt trend will be far worse than the estimates.
One of the problems in presenting economic concepts to a public audience is that too many people in the academic world do not comprehend the simple presence of opportunity cost.
Keynesian economists believe that the key to increasing economic growth is increasing the supply of money in circulation. Money, however, is a means of exchange, not a means of payments. The difference is vital to understanding economics.
Across the country, more young people are realizing that learning a trade is a better path than going to college.
Political and academic elites claim that economic freedom is the antithesis of civilization. They claim that functioning civilization can come only from a welfare state, a nonsensical proposition
The current population dearth in China, Japan, and the West has somewhat cooled the demand by elites that governments "control population." However, past population control efforts by governments already have created serious consequences for the future.
It has become painfully obvious that we will not reverse the current march toward statism by “electing the right people.” Violent revolution is not the answer either. We need to change the Western mindset—before it is too late.
In a verdict that surprised no one, Manhattan Democrats have found Donald Trump guilty in the convoluted "hush money" trial, taking a legal action and making it criminal. Most likely, the verdict will be overturned on appeal, but in the meantime the US has become a banana republic.
Even though our legal authorities treat smugglers as criminals, smugglers actually are promoters of liberty who usually break unjust laws. The US was practically founded on smuggling.
Switzerland has been a neutral country for about five hundred years. Sweden also has a tradition of neutrality, but it has recently changed its position, to its own detriment.
