Supporters of the new California minimum wage law for fast-food restaurants claim it will bolster economic opportunity for lower-income people. It actually will be a wealth transfer from the poor to the rich.
In order to vastly expand the regulatory state, the Biden administration is using fake cost-benefit ratios to make its regulations seem less costly and more beneficial. This is clearly fraudulent, but no bureaucrat will be charged with any crimes.
One of the problems in presenting economic concepts to a public audience is that too many people in the academic world do not comprehend the simple presence of opportunity cost.
Alabama Governor Kay Ivey signed a bill on May 17 that removes all income taxes on capital gains from the sale of gold and silver, enabling the state to take an important step forward in reinforcing sound money principles.
Supporters of the new California minimum wage law for fast-food restaurants claim it will bolster economic opportunity for lower-income people. It actually will be a wealth transfer from the poor to the rich.
The price of copper has hit an all-time high. This represents a signal about the world economy.
Ryan and Zach talk about how the realities of expensive industrial warfare are still relevant.
For most Americans, the debate is about what size the welfare state should be. But why is there a welfare state at all?
Many people are selling their gold to make ends meet. Others are buying gold as insurance against mounting price inflation.
In publicly opposing apartheid, William H. Hutt saw how legal segregation kept black South Africans from pursuing legitimate economic goals. To Hutt, apartheid deprived people of equality of economic opportunity, which kept them in poverty.
