Our No-Win “Kobayashi Maru” Economy
It’s time to reprogram the conditions of the economy to serve the many rather than the few.
It’s time to reprogram the conditions of the economy to serve the many rather than the few.
On June 22, President Joe Biden called for a tax holiday for the next three months. As of this writing, it still has to be approved by congress.
“An economic foundation that was built on cheap money and debt.”
As antigun studies surface left and right, it's worth remembering that the right to self-defense isn't merely about being safe. It's about having the choice to defend yourself.
Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.
By late 2021, fueled by trillions in newly printed money, gasoline prices had surged to ten-year highs. Now, even in inflation-adjusted terms, gasoline prices are surging to new highs.
Standard neoclassical economics texts claim a Pigouvian tax will lead to the "optimal" price and production of a good. But "optimality" is a myth.
Neither the Ukraine war nor tough weather changes would threaten a global food shortage in a normal market environment. Unfortunately, world markets are riddled with regulations, killing production.
There has been far too much concentration on the form of taxation and not enough on its total amount.
Americans are looking at a grim energy future, thanks to government.