From Bastiat’s Defense of Exchange to Ideal Government
Frédéric Bastiat died before he could finish Economic Harmonies, but what he did write is an important promotion of liberty.
Frédéric Bastiat died before he could finish Economic Harmonies, but what he did write is an important promotion of liberty.
Since 2019, the total national debt has increased by 25 percent, but interest paid on the debt has increased by 75 percent. More specifically, interest on the debt came in at nearly $573 billion in 2019, but it will top $1 trillion in 2024.
Protectionists are no better than any run-of-the-mill Progressive who wants more taxes on one group in order to subsidize some other group. There's no moral high ground here for the protectionists, just unfounded self-righteousness.
In his latest defense of bloated military spending, President Joe Biden claims that the military budget creates real wealth. Instead, military spending is destroying it.
Residential property taxes attack one of the most fundamental needs and assets in a person's life—i.e., housing—in a way the income tax does not. As the central bank's monetary inflation drives up home prices, property tax burdens increase as well.
America's famous Corn Belt should better be known as the nation's Subsidy Belt.
In his latest defense of bloated military spending, President Joe Biden claims that the military budget creates real wealth. Instead, military spending is destroying it.
With US government debt skyrocketing past $33 trillion and possible recession looming, the Treasury faces the prospect of running out of suckers. Finding buyers for US debt will become much more difficult.
Protectionists are no better than any run-of-the-mill Progressive who wants more taxes on one group in order to subsidize some other group. There's no moral high ground here for the protectionists, just unfounded self-righteousness.
With US government debt skyrocketing past $33 trillion and possible recession looming, the Treasury faces the prospect of running out of suckers. Finding buyers for US debt will become much more difficult.