Are Seasonally Adjusted Economic Data Useful?
Government economists "seasonally adjust" data in order to better respond with policy recommendations to deal with business cycles. The problem is that government causes the cycles.
Government economists "seasonally adjust" data in order to better respond with policy recommendations to deal with business cycles. The problem is that government causes the cycles.
More than forty years ago, California voters enthusiastically passed Proposition 13, which limited property tax hikes. Politicians have been lying about it ever since.
People still come to America, but it is because of the foundation created by private enterprise, not because of progressive politics.
Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic.
Murray Rothbard understood that law can be a moral force only insofar as those living under the law reflect their own moral judgments.
After following hyper-Keynesian policies for more than two decades, the Fed is about to create the conditions that Keynesians claimed were impossible: an inflationary recession.
Law Professor David Bernstein looks at the system of racial classifications in the USA and explains why they have been harmful.
Progressives claim that while they might acknowledge the presence of scarcity, nonetheless, we can reject a "scarcity mindset" because governments can order an end to scarcity through fiat.
Celebrities in Western countries generally support socialism or some sort of collectivism. While they benefit from supporting collectivism, the poor people they claim to care about suffer under it.
Ryan McMaken has made a serious case for secession as a means to counter totalitarianism. David Gordon explains why this is the case.