China Needs More Economic Freedom—Not a Bigger Welfare State
Mainstream economists claim China needs more consumption and a bigger welfare state. They think China's high savings rate is a bad thing. These economists are wrong.
Mainstream economists claim China needs more consumption and a bigger welfare state. They think China's high savings rate is a bad thing. These economists are wrong.
We're now hearing many calls for more antitrust legislation applied to Big Tech because these firms are allegedly monopolies. But old-fashioned antitrust was a disaster, as will be new efforts against tech companies.
Behavioral economists and psychologists define as irrational anything that doesn't fit into a narrow model of behavior. Anything "irrational"—like buying the "wrong" stock—must be fixed with government regulation.
Tho Bishop and Zachary Yost join Ryan McMaken to discuss covid politics in three states, and whether anyone is paying any attention to social distancing rules anymore.
Rather than representing “white supremacy,” the evolution of mathematics has been a globe-, race-, and culture-spanning collaboration of advancements, an ongoing development of more effective tools for anyone to use.
Explaining good economic theory is about explaining how the other side is ripping you off.
Forcing one person to take medication or vaccines for the benefit of another person is directly opposed to basic notions of self-ownership and human rights.
Not only will these amendments reduce the abuse of emergency declarations, but they will also help to decentralize power within Pennsylvania. While COVID-19 has allowed the executive branch to run wild, Pennsylvania is actually structured in a way that makes the decentralization of power easier.
Our guest is Elise Amez-Droz, program manager for the Open Health program at the Mercatus Center at George Mason University, where she also manages the health policy portfolio.
Centrally planned economies often stick with terrible ideas for many years. But markets can take bad products, learn from them, and turn them into great products that give the public what it wants and needs.
The controversy over Mark Cuban and the national anthem reminds us the NBA and the NFL have spent the last few decades relying on the national anthem as a cynical ploy. Employing "antiracism" and BLM politics was just the natural next step.
The claim that the US needs an immense and varied nuclear arsenal "does serve one purpose: it keeps military budgets wondrously high."
There are plenty of sound reasons to oppose government minimum wage laws, but there is one objection making the rounds that is based on bad economics and should be avoided, and that’s the "businesses will pass on the costs to consumers" objection.
Is the potential domestic travel ban on Florida a punishment for making the D.C. regime look bad? Jeff Deist and David Gornoski discuss this and more on A Neighbor's Choice.
It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage.
You will never see the American colonies, revolution, Constitution, or great men like Hamilton, Madison, and Jefferson the same way after reading this book. Dr. Patrick Newman joins Jeff Deist for a preview.
An unheralded work on the Austrian business cycle that rivals the work of the greats is Jesús Huerta de Soto’s Money, Bank Credit, and Economic Cycles, which outlines a multistate process of boom and bust.
The Biden administration has threatened to intervene in Burma to defend "democracy" which really just means putting back into power a woman who is known to support ethnic cleansing. But she said nice things about "democracy," so she'll get the US's nod.
More state lawmakers than ever are introducing sound money legislation in the opening days of the 2021 legislative session.
After decades of financialization and government favors, Wall Street has largely become an adjunct of the central bank. Entrepreneurship is out, and bailouts are in.