The late P.T. Bauer provided much insight into the issue of the so-called First World sending aid to Third World nations in the name of “development.” Bauer demonstrated conclusively that such donations actually impede economic growth in poor nations.
History has shown that prosperity is built through economic freedom and self-reliance—not through perpetual financial transfers from former colonial powers.
Michael Huemer’s book Progressive Myths takes the progressive worldviews to task, exposing them for their deceitfulness. As usual, the narratives do not fit the truth.
Ryan and historian Christopher Calton take a look at why homelessness is rising and why politicians like California Governor Gavin Newsom are only making it worse.
Is charity a right held by everyone or should charity be confined to private, voluntary action within a free market? David Gordon argues for the latter.
Is charity a right held by everyone or should charity be confined to private, voluntary action within a free market? David Gordon argues for the latter.
Many people are selling their gold to make ends meet. Others are buying gold as insurance against mounting price inflation.
Contrary to the drumbeat from political, media, and academic elites, capitalism improves the lives of ordinary people. Socialism receives favorable publicity but fails wherever it is implemented.
Government officials like to claim they are doing something about reducing poverty. The trouble is, of course, that what they are doing makes things worse. Here on Income Tax Day, we recommend that next time, they should do nothing.
