What’s Behind the Interest Rate Conundrum?
Greenspan says it is a puzzle why long-term rates remain low while short-term rates have risen. But Frank Shostak says that this is not a puzzle at all.
U.S. Economy
Displaying 1911 - 1920 of 2345
Bush-Style Privatization: More and More Problems
The Bush plan claims to increase capital accumulation because of its superficial emphasis on investment, writes Robert Murphy. But it is a total shell game.
That France Vote
The fallout from the French vote of “no” on the EU constitution includes a sign that Tony Blair may scrap plans to hold a similar refer
The Fiction of Social Security Bonds
How is Social Security different in kind from any other government program? Charles Rounds argues that it is not different at all.
The New Deal in One Lesson
Chris Westley explains that the only thing new about New Deal policies was their name and the people administering them.
The Case for a 100 Percent Gold Dollar
Murray Rothbard, in this classic essay originally published in 1991, offers the most "pure" proposal of all: private mintage, 100 percent reserve banking, circulating coins, full convertibility.
In Defense of Employment-at-Will
Opponents of employment-at-will speak of defending an employee's "individual freedom." Arthur Foulkes argues that this isn't freedom at all.
The Issue of Tariffs: How U.S. Revenue Collection Was Turned Inside-Out
We went from tariffs being the major source of federal government revenue to what we have today under the income tax and payroll taxes.
The Fair Tax Fraud
Although the FairTax would eliminate the filing of all individual tax returns, writes Laurence Vance, the FairTax turns every business into a tax collector.
Holding Hands
Blaming OPEC has been in political fashion for over three decades, writes Chris Westley.
