“Spend Now, and Deal with the Consequences Later” Is the Worst Policy
Our current deficit policy amounts to "Give me your wallet, and you will deal with the credit card balance later."
Our current deficit policy amounts to "Give me your wallet, and you will deal with the credit card balance later."
Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic.
More than thirty years ago, Japan Inc., seemed like a global economic juggernaut. Today, no country fits that category, thanks to massive government spending and economic intervention.
Creating anarchy is hardly a danger. It's already here.
President Biden's recent student loan forgiveness initiative only exacerbates the real problem: the cost of a college education, thanks to government intervention, is outrageously high.
Ryan and Tho talk with Mises.org author and German native Rosanna Weber about the energy crisis in Germany.
An enduring progressive myth is that thanks to Western technologies and compassionate NGOs, American agricultural scientists saved the developing world via the Green Revolution. Not surprisingly, the truth is found elsewhere.
Winter is approaching and Europeans are facing homes without heat, thanks to the US-led sanctions against Russia. Who will carry the blame when people freeze to death?
Winter is approaching and Europeans are facing homes without heat, thanks to the US-led sanctions against Russia. Who will carry the blame when people freeze to death?
While historians paint the enclosure movement in negative terms, it actually played an important role in developing agricultural entrepreneurship.