Economic Progress and Economic Decay: North versus South
While high-quality automobiles and other manufactured goods are being produced in the Southeast, northeastern states like New York are falling behind, thanks to progressive governance.
While high-quality automobiles and other manufactured goods are being produced in the Southeast, northeastern states like New York are falling behind, thanks to progressive governance.
It has been a hundred years since Mises published Socialism. It is more relevant than ever.
Economist Christopher Coyne of George Mason University uses economic logic to expose the follies of militaristic US policies overseas.
The so-called green energy strategy is no strategy at all. Instead, it is an attempt to cripple the energy industries in vain hopes that renewables will magically cover the energy shortfall.
Nearly everyone has heard of Bernie Madoff and rightly associates his name with financial fraud. Yet, the Social Security system is built on a Ponzi scheme similar to what Madoff created.
Keynesian economists claim that deflation is as bad or worse than inflation. But deflation not only reverses inflation's bad effects but also allows new wealth creation.
It is easy to think of the Fed as a good institution that simply lost its way. In truth, it was a bad idea and a bad institution from its beginning.
Is Big Tech a government creation—as the American Conservative recently claimed—or is it the result of entrepreneurs employing a mechanism created for noncommercial uses? It is both, writes Michael Rectenwald.
Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity."
No one seems to support "safetyism," or "helicopter parenting," yet Americans seem obsessed with keeping their children "safe" at all costs. It is not good for children—or their parents.