Our Easy-Money Economy Is Not Sustainable
What causes financial crises, domestic and global, is the underlying, continuing credit expansion.
What causes financial crises, domestic and global, is the underlying, continuing credit expansion.
Today marks the 50th anniversary of the passage of the Gun Control Act of 1968.
It is the boosters of aggressive government action, such as a carbon tax, who ignore the peer-reviewed research on climate change.
Politicians never let due process or evidence stand in the way of a declaration of guilt.
There's a long history of deliberately producing terrible scholarship with the intent of showing how arbitrary, political, and incompetent editors and publishers are.
The United Nations has big plans for your tax money.
The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.
Behavioral economics claims it has shown that people behave irrationally — often make mistakes, and have problems with self-control. But is this really irrational behavior?
Money spent on "luxuries" goes to support ordinary people who use profits from luxury goods to make a living and support their families.
The Nobel committee this year showed that it has embraced clever economic modeling as a replacement for scientific progress.