Bastiat Predicted the Baby Formula Crisis 170 Years before It Happened
Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.
Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.
Bob Murphy and Ross McKitrick discuss the government policies, Fed actions, and banking movements that lead up to the 2008 crisis, and why the current economic situation is different.
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.
Knee-jerk support for the police helps gun control advocates by undermining the most fundamental reason for gun ownership: the government's armed enforcers won't keep us safe and are likely to abuse their power.
Mass shootings are bad enough, but progressives have turned them into political events. They then claim that further politicizing these tragedies will reduce their number.
Leonard offers a penetrating criticism of the Fed’s vast expansion of the money supply, but it falls short of a sound way to keep it in check.
The legacy of covid-19 ultimately will be the vast expansion of government on many levels. Not surprisingly, the statism is worse than the virus itself.
As the economy begins to slow, the results of the Fed's money pumping are showing up in mergers and acquisitions.
American politicians claim that excessive military spending makes Americans "safe." The record shows otherwise.
While politicians claiming to be "fiscally responsible" call for balanced budgets, the real drag on the economy is government spending itself.