The Gold Standard versus Fiat Money
Higher Education in Crisis
The Progressive Era and the Rise of Crony Capitalism
Government and Big Business
Can France Really Welcome All the World’s Poor?
“We can’t welcome all the misery of the world but we must take our share.” This is a maxim whose popularity speaks volumes about our apprehension over poverty and immigration.
This seemingly benevolent vocabulary, however, limits debate. It insists that generous people will welcome more demands on the taxpayer’s pocketbooks. The immigrant must be welcomed, they are told. The natives have an obligation of care, which means more and more subsidies in a country where they are also being told to tighten their belts.
Trump’s Road to Socialism
Today the Trump administration is announcing a $12 billion bailout plan for farmers impacted by the response from the Trump administration’s tariffs. As Politico reports:
Hayek and Friedman: Head to Head
Oil: Controls, Taxes, and Regulations
Trump’s Senseless Trade War with China
Trump’s trade war is not about about being patriotic or protecting American businesses. It is about politics and bad economics. No one wins a trade war; everyone loses.
On July 5, 2018, the United States declared war on China. China mobilized and quickly counterattacked the U.S.
This war is a trade war which means governments enact tariffs taxes on goods we would like to buy which makes them more expensive for us. People aren’t killed in these wars, rather, they are made poorer.