Is the Monopoly Board Game Like Real Markets?
Many people believe that the board game Monopoly, developed during the Great Depression, mimics a real-world capitalist economy. Monopoly is a game, not real life.
Many people believe that the board game Monopoly, developed during the Great Depression, mimics a real-world capitalist economy. Monopoly is a game, not real life.
Can a government regulatory system be reformed? In a word, no. The free market is always the best regulator of quality and safety.
While progressives blame climate change for the deadly Lahaina fire, government created the conditions for the blaze and then helped set it.
Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.
Members of Congress claim to be "concerned" over the proposed merger between LIV Golf and the PGA Tour. They should be supporting it or, even better, backing off completely.
As family life descends into crisis in the USA, many conservatives call for state intervention to “fix” things. It’s state intervention that created the problems in the first place.
We should not just be concerned about problems in the American banking system, but also about the proliferation of Eurodollars.
The possible bankruptcy of Thames Water Company in Great Britain brings to mind the heady days 40 years ago when Margaret Thatcher's government was privatizing state-owned enterprises, including TW. Not all privatization stories have happy endings.
The real effects of the atomic bomb on Hiroshima were hidden from Americans until the New Yorker published an exposé in 1946. Americans finally were confronted with the truth—even if they didn't want to believe it.
Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of an entrepreneur.