Students have been denied in-person schooling. At the same time, millions of women—many of whom have children—have been thrown out of work. Suddenly, homeschooling became a much more viable and necessary option.
Ryan McMaken joins the show to discuss Adam Fergusson's seminal history of Weimar-era hyperinflation in Germany.
Lockdowns have already pummeled the US labor market, and efforts to increase regulations in the name of "protecting workers" will only make things worse.
Economic realities mean the socialist state would need to utilize the same method of discounting wages as capitalists do. The only difference is that under socialism, bureaucrats would do the "exploitation."
Eurozone unemployment would be close to 11 percent if we used the same calculation as the United States.
It's increasingly clear two things are going on: leftists are very interested in taking their rioting and looting far beyond city limits, and government police are not interested in doing much about it.
The best social policy is one that supports job creation and rising wages. Entitlements do not make a society more prosperous, and ultimately drive it to stagnation.
The best social policy is one that supports job creation and rising wages. Entitlements do not make a society more prosperous, and ultimately drive it to stagnation.
So far, the United States is leading Europe in employment improvement, but the full recovery is extremely far away.
