President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.
The government “shutdown” and the so-called threat to the food stamp program may be abated for now, but we need to understand why this program has metastasized in recent years. James Bovard tells us why.
The liberal arts in higher education are in danger and many there are blaming (of course) free markets. However, by substituting progressive propaganda for higher learning, the leaders of liberal arts institutions sealed their own fate.
President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.
Environmentalists are at it again, this time claiming that AI centers will create environmental disasters all over the country. Once again, they exaggerate greatly.
Among the criticisms of capitalism is that it supposedly creates meaningless jobs created by villainous capitalists to keep people docile. However, it is state power and regulation that makes many jobs little more than meaningless make work.
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers.
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers.
The people of Iran suffer not only from authoritarian rule, but they also are victims of an economy in which the authoritarian rulers engage in central economic planning that is destroying the economy. It’s an economy based upon plunder, not production.
Many Americans are convinced that only government can provide useful science since government is supposed to be “neutral,” not corrupted by profit seeking. However, politics corrupts science research more than anything else.
