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.
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.
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.
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.