Many demands are being made, but sadly, if these were ever implemented, they would make problems worse by lowering the standard of living for all — especially for the poor! I will proceed to address some of the demands in plain English, hoping to reach out to them.
The top 1 percent of US income earners pay 38 percent of all federal income taxes, and the top 10 percent pay 70 percent.
When a moral code is adopted in society, approbation and good will for following the code, as well as reprobation and ill will for violating it, become common.
Robert Lucas misses two important reasons why government/Keynesian stimulus schemes fail miserably.
Bourne defined war as the ultimate act of statehood, as the utmost act of "a group in its aggressive aspects."
We have to make a fundamental choice: we can either engage in the social division of labor and contribute to our own and society's overall prosperity, or turn our backs on civilization and live the nasty, brutish, and short life that awaits.
Mises and Hayek are widely considered the most eminent liberal thinkers of the twentieth century. But, there are differences in their two legacies.
While "cash for clunkers" accelerated consumption in the month of August, it left a gap in demand following the program's demise.
The Chinese economic miracle is nothing but a redder version of Keynesianism.
The period between 1873 and 1894 remains one of the most misunderstood and debated in all of American economic history. To some, this era represents the greatest phase of industrial growth in the country's history.
