Economic Policy

While capitalism gives rise to prosperity and freedom, the state thrives on an economically ignorant public.

Economists often deplore the corruption in developing countries, but when institutions are corrupt, don't expect people to have the incentive to be honest.

With a declaration of a fake crisis and twisting an obscure law, President Joe Biden has invoked a massive wealth transfer that benefits the most privileged people in our society.

With a declaration of a fake crisis and twisting an obscure law, President Joe Biden has invoked a massive wealth transfer that benefits the most privileged people in our society.

The "official" definition of a recession is a two-consecutive-quarter decline in GDP, but there are problems with GDP measurement in the first place.

Using a humorous subject, Charles Amos successfully challenges the view that government must produce "public goods" in order to ensure an optimal supply.

The "official" definition of a recession is a two-consecutive-quarter decline in GDP, but there are problems with GDP measurement in the first place.

The New York Times recently interviewed economist Herman Daly, who insists that economic growth is ecologically destructive. There is much more to the story.

Germany's foray into green energy is turning out to be a disaster, but abandoning the green utopia is only the first stage for that country. It is time to put common sense and sound economics at the forefront of German policy making.

Bottom line, it’s a recession at the moment; whether it gets worse depends on inflation, and policymakers goofing around whistling past graveyards should give anyone pause.