Since becoming president, most of the actions taken by President Trump have been anti-economic growth, and the US economy now is sputtering. Unfortunately, Trump seems to believe that a combination of trade restrictions and inflation is what the economy needs.
Although New York mayoral front-runner Zohran Mamdani has made some very popular promises, his litany of free stuff will run headlong into economic reality soon enough.
As both left and right throw freedom and free markets over the side, we remember that there still is a remnant that understands why these things make for a good society. Albert J. Nock eloquently reminds us of what we are losing.
After being bamboozled by the fake crisis of “overpopulation” for a half-century, the nations with advanced economies are coming to grips with the “birth dearth” problems ahead of them. Not surprisingly, governments are compounding their earlier anti-population errors.
Jonathan Newman joins Ryan and Connor this week to discuss the latest developments in Trump’s campaign to “takeover” the Fed, the current state of the jobs market, and the misconceptions people have about how economists value the choice not to work.
While libertarians, and many conservatives, often rightly discuss problems of government intervention, there is a counterintuitive category where the government simultaneously monopolizes, taxes, and refuses to provide promised services.
Profits and losses play an important role in a free market system. However, as government intervenes to protect politically-connected firms from losses, the entire market becomes distorted and less reliable.
President Trump’s attempts to remake federal agencies has generated fierce opposition from progressives, who believe that government led by experts can solve most of our problems. Reality tells us something different.
President Trump has deployed naval vessels off the coast of Venezuela, citing its escalation of the war on drugs. However, the true motivation for Washington’s involvement in the region is more likely related to disputed oil claims affecting well-connected energy companies.
Who says Republicans and Democrats can’t agree on anything. They have both agreed to continue foolish and counterproductive subsidies for buses and other forms of inter-city public transportation.
