Why Haters of Free Markets Love the Fruits of Free Markets
There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy their needs.
There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy their needs.
The 20th century gave us two world wars that have altered the world's political landscape to this day. We would do well to remember the main lesson from World War I: there is no “honor” in warfare. It is pure murder.
We would do well to remember the main lesson from World War I: there is no “honor” in warfare. It is pure murder.
Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”
Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”
Economists have said that a higher education degree is a form of “signaling” by the person holding the diploma. Thanks to government attempts to make higher education readily available, the value of a college degree has been severely degraded.
Robert Kennedy‘s Make America Healthy Again (MAHA) crusade is being promoted as a government-led effort to eliminate health hazards in food and medicine. However, MAHA depends upon government overreach, which ultimately will undermine any good MAHA does.
People often confuse economic growth with growth in the stock market, but while these two things can be related, that is not always the case, especially during inflationary times.
With all of the current angst about tariffs and other issues, it is easy to forget that there are missile silos around the world with weapons that can destroy the world as we have known it. All that is needed to set off a holocaust is one bad decision.
Despite arguments from President Trump and his supporters, there is no such thing as an “optimal” tariff. If anything, Americans have the upper hand in trade because they can run large trade deficits due to the status of the US dollar as the world‘s reserve currency.