Economic Policy

Displaying 11 - 20 of 163

The Fear of Mass Unemployment Due to Artificial Intelligence and Robotics Is Unfounded

CapitalismEconomic PolicyUnemployment

Blog03/16/2023

Ever since the Luddites rampaged through British textile factories in the early 1800s, people have feared that technology will result in mass unemployment. They were wrong then and are wrong now.

Read More

Why Biden's Spending Is Unsustainable

Cronyism and CorporatismDemocracyEconomic PolicyProgressivismTaxes and SpendingU.S. Economy

Blog03/09/2023

It's popular for politicians to claim they will never cut Social Security. But doing nothing now about the program means imposing an even larger hit on seniors in the future. 

Read More

Biden versus Bastiat

Economic PolicyFree MarketsProtectionism and Free Trade

Blog02/23/2023

President Biden's recent call to "buy American" is doomed to failure, just like all other protectionist schemes.

Read More

The Power of Woke: How Leftist Ideology Is Undermining Our Society and Economy

Economic PolicyProgressivismSocialism

Blog02/22/2023

"Woke" is not "fighting racism," no matter how it is phrased. It is about undermining a society and its economy, declaring our social and economic institutions as illegitimate.

Read More

Capitalism Has Improved Life in India, but the Spirit of Collectivism Still Dominates

Economic PolicySocialismWorld HistoryEntrepreneurship

Blog02/14/2023

In 1991, India's political leaders moved away from socialism, embracing markets and improving the economy. But Indian elites continue to push socialism to the detriment of the people.

Read More

Is the Japanese Low Inflation–Low Interest Rate Model at an End?

CapitalismCentral BanksEconomic PolicyMoney and Banks

For nearly three decades, the Japanese economy has slowly imploded under low interest rates and heavy government debt. It may soon be time to pay the piper.

Read More

Again the Government Is Taking Antitrust Action against Microsoft. Again This Is Wrong.

Cronyism and CorporatismEconomic PolicyFree Markets

Blog01/06/2023

The Federal Trade Commission seeks an anti-trust judgment against Microsoft for its move to acquire Activision. Like all other anti-trust action, this one has no economic merits.

Read More

Central Bankers Are Poor Archers: The Problems and Failures of Inflation Targeting and Price Stability

Central BanksEconomic PolicyThe FedInflation

Blog01/03/2023

Central bankers follow inflation "target" in their pursuit of "price stability." Not surprisingly, they usually miss their targets -- quite badly -- and we now are living one of those moments.

Read More

The Great Leap Backward*

Economic PolicyProgressivismSocialismWorld History

Blog12/27/2022

More than sixty years ago, Mao launched the disastrous Great Leap Forward. Progressive elites today are trying to force GLF II in the form of the Great Reset. If implemented, it will be even more disastrous than Mao's original folly.

Read More