The Economics and Ethics of Government Default, Part I
What would it mean for the economy if by one fell swoop not just the debt owed to the central bank, but all of it disappeared?
Taxes and Spending
Displaying 371 - 380 of 1741
The High Cost of Using the Minimum Wage as a Form of Welfare
Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality. But the minimum wage is very poorly targeted for these purposes.
The Drive for State and Federal Protective Tariffs in Early America
Every depression generates a clamor among many groups for special privileges at the expense of the rest of society—and the American depression that struck in 1784–85 was no exception.
The High Cost of Using the Minimum Wage as a Form of Welfare
Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality. But the minimum wage is very poorly targeted for these purposes.
AOC and Schumer Want Taxpayer Funding for Covid-19 Funerals
Democrats want taxpayer funding for the families of those who died of covid. But, of course, there's no discussion of helping those who died as a result of covid lockdowns, such as those who were denied medical treatment for cancer.
What to Expect from Bidenomics
In order to prevent the economy sinking into a lasting state of stagnation, what is required is to reduce both government spending and government regulation, and to rein in the Fed.
Terence Kealey on the Myths of Public Funding of Science
Our guest today is Terence Kealey, Professor Emeritus of clinical biochemistry at the University of Buckingham in the United Kingdom, and Research Fellow at the Cato Institute.
When Biden “Creates Jobs” Look for the Hidden Costs
"Jobs programs" never create new wealth. They only redirect wealth and resources from other sectors of the economy. The cost to those other sectors is often very high.
What to Expect from Bidenomics
In order to prevent the economy sinking into a lasting state of stagnation, what is required is to reduce both government spending and government regulation, and to rein in the Fed.
