Implicit in Trump's economic statements is Mill's (and the Austrians') central message that there is no need to ever worry about the level of consumption, because it will always naturally adapt itself to the level of production.
Samuel Bostaph (University of Dallas) discusses his recent book, Andrew Carnegie: An Economic Biography.
California is on the verge of increasing the statewide minimum wage to $15, from $10. According to one pro-minimum wage policy advisor, "It would mean a raise for one of every three workers in the state."
Jeff Deist and Jay Taylor discuss how both central banks and commercial banks are poised to change your life in some very unpleasant ways.
Simple Janet should have the decency to resign.
Many people have figured out that Wall Street and Washington, DC work together to rig the game in Wall Street's favor.
While fewer people work in manufacturing jobs today, American workers make more stuff than ever before, thanks to huge strides in productivity. Meanwhile, many people working in the much-maligned service sector make more than those still in manufacturing.
Job growth in the United States is weaker than one might believe based on the "we've created millions of jobs" mantra.
Murray Rothbard examines the origins of the Federal Reserve in light of the history of the Progressive movement.
Jerry Taylor, the president of the Niskanen Center, says that libertarians should support the welfare state. In doing so, he adopts the conception of liberty standard among socialists.
