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By tinkering with interest rates, central banks tinker with the way human beings see the present and the future, and their value systems overall.
U.S. EconomyU.S. History
No economy is made better off by destroying existing resources. But that's what "cash for clunkers" tried to do, while only driving up the price of transportation for middle and lower-middle class families.
When a capitalist invests in a business — thus increasing worker productivity and earnings — he's performing a humanitarian service to the community.
Big GovernmentFinancial MarketsGlobal Economy
Since 2008, China has amassed a mountain of debt, and continues to operate countless "zombie" companies and money-losing factories.
EducationFree MarketsMedia and Culture
Even in the heyday of liberalism only a few people had a full grasp of the functioning of the market economy.
Global EconomyMoney and Banks
It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile, relies on both saving and spending.
The term "cultural Marxism" has been in circulation for over forty years and describes an indentifiable intellectual movement.
Bureaucracy and RegulationGlobal EconomyStrategy
It is encouraging to see the rise of a popular politician willing to use his platform to openly call out the dangers of Marxist ideology.