The Seven Deadly Economic Sins
What are the things that undermine and ultimately destroy an economy and our standard of living? Dr. Mark Thornton presents seven reasons why our economy is deteriorating.
What are the things that undermine and ultimately destroy an economy and our standard of living? Dr. Mark Thornton presents seven reasons why our economy is deteriorating.
While US politicians are presenting policy prescriptions to make life more affordable, none of them are proposing what really would end this crisis: free markets.
Politicians now are campaigning on “affordability,” but their idea of making things in life more “affordable” consists of numerous interventions into free markets that ultimately make things more costly.
As the US economy slowly implodes, the government causing the implosion is not done with its economic destruction. The Federal Reserve remains the engine of inflation, while tariffs and other interventions help to finish the job.
On this episode of Power and Market, Ryan, Connor, and Tho discuss military escalation with Venezuela, more troubling jobs data, and how college football offers an example of how financialization, politicalization, and bad economy theory can undermine great American traditions.
Government transit in the US is going from bad to worse. Systems are breaking down and law-abiding riders face dangers of assault, robbery, and murder. The current “solution”? Spend even more money on these systems.
A non-exhaustive review of government spending over the last quarter century.
Many of the same Democratic lawmakers now condemning the shooting of survivors of the alleged drug boat strike had no problem when presidents they liked greenlit even worse strikes. But that doesn’t excuse Trump’s awful escalation in the Caribbean.
A vacancy tax is a charge imposed on property owners who leave residential or commercial properties unoccupied for a specified duration. As usual, a statist violation of property rights.
The excitement of DOGE’s early days has mostly dissipated, in large part because Republicans still completely accept the fallacious paradigm of their progressive opponents about how all these government programs are providing necessary services for the American people.