How Student Loans Drove Up Tuition Costs

The American federal government from its inception has expressed powers that they do not have the right to express. One of these powers they respectively gave themselves is the power to give out student loans to practically anyone who plans to go to college and needs a loan. Currently, as of November 2021, 44.7 million Americans have student loan debt; 42.3 million of those individuals are in debt to the federal government.

How Market Freedom Combats Economic Inequality

For many, income inequality is a disease ravaging the fabric of capitalist societies. Therefore, curing this ailment, according to progressives, necessitates an injection of welfare benefits and higher taxes on the wealthy. Guided by a zero-sum outlook, critics believe that the success of the affluent is gained at the expense of the poor. To remind voters that he takes income inequality seriously, during his presidential campaign, Joe Biden expressed concern that the intensity of income inequality in the US would foment discord.

American Troika

It’s called the troika. It sounds like communism. It looks like communism. But is it true communism?

Wall Street Journal explains:

The Fed’s vice chair, along with the New York Fed president, is part of the inner circle of advisers—known as the troika—that shape the agenda for monetary-policy deliberations by the Fed’s rate-setting committee.