Economic Policy

Murray Rothbard recognized that the Bureau of Labor Statistics provides the lifeblood for government intervention. It doesn't need to be “reformed,” but rather should be outright abolished.

By trying to protect dairy farmers and raise their incomes, the government created a massive cheese surplus, then gave it away, thus harming the farmers they were trying to support.

By trying to protect dairy farmers and raise their incomes, the government created a massive cheese surplus, then gave it away, thus harming the farmers they were trying to support.

As tariffs force up business costs, analysts are claiming that businesses will have to “absorb costs” to stay in business. That is not a sustainable strategy, as businesses cannot survive under these high-cost circumstances.

Lower interest rates can help promote economic growth—as long as those rates are determined by the market and not by political edict.

As politics come to dominate more of our lives and young generations grow righteously disillusioned with a system designed to rip them off, we’re likely to see more violence and chaos. It’s a bad path we’re on. But there is a better one.

Why do independent central banks exist in the modern economy? It was originally thought independent central banks would prevent government extravagance from creating inflation.

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.

The Trump administration’s recent moves to take equity positions in Intel and MP Materials undermines the free market system and will create economic harm. 

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.