Economic Policy

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William L. Anderson

California's progressive political classes now have a scheme to impose a single-payer system for medical care. If imposed, it will be costly but also ineffective.

Frank Shostak

The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.

Laurence M. Vance

The Fair Tax is a supposed alternative to the income tax. But the name does not matter, since a tax is still a tax.

James Bovard

Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it.

Paul Tolmachev

When we speak of entrepreneurship, we need to specify if it is economic or political. The first expands wealth and freedom; the second makes us poorer and less free.

Robert Zumwalt

Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.

Frank Shostak

While politicians claiming to be "fiscally responsible" call for balanced budgets, the real drag on the economy is government spending itself.