Unable to compete with cheap, government-subsidized services designed for the low end of the market, entrepreneurs find they must turn to higher-end customers who will pay more. Some wrongly interpret this as proof that markets are more expensive than government services.
Jeff Deist and Connor Boyak discuss how to raise happy, productive, responsible children who are knowledgeable about liberty, property, economics, and personal finance.
Our friend Robert Bradley recently took a look back 25 years ago when the New York Times still had some scientific backbone.
Here is an interesting table comparing 9 schools of economic thought.
US National Debt now exceeds $18 Trillion with no end in sight. Will we see national default on the debt or hyperinflation?
DC budget spinners are at it again, claiming that deficits are melting away and the national debt is no big deal. In fact, debt and spending are just as out-of-control as ever, and if interest rates go up, we’re in deep trouble.
Fed management of the economy and the business cycle has only gotten much worse as it has grown more powerful and destructive. As the Federal Reserve has become more powerful, job losses have generally more severe and the duration of the recovery process has gotten progressively longer.
