A wearisome part of modern life is the incessant chants of “doomsday” from intellectual, academic, political, and media elites. That their six decades of predictions all have been wrong only leads them to double down on the volume of their claims.
Jim Beam has been making whiskey for a long time, through thick and thin. But the Trump tariffs have shut down the venerable distillery.
A few days ago, cannabis stocks surged after news broke that President Donald Trump is considering ordering his administration to reclassify marijuana as a less dangerous drug, a move that would represent a significant shift in US policy.
The economic doctrine of “externalities” has become an excuse for governments to intervene economically in heavy-handed ways, all in the name of “saving” the environment.
American journalists and academics have invented a fairy tale in which “free market orthodoxy” has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again.
When there is a cascade of failing businesses at one time, it is easy to think of it as an economic contagion that is a by-product of capitalism. Yet, a cluster of business errors can be laid firmly at the feet of government.
For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done is protect farmland.
For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.
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.
