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When inflation hits, we see higher overall prices for everyone. But inflation hits lower-income people the hardest, and they bear the brunt of this tax.
Free MarketsSocialismTaxes and Spending
Elites are attacking the government of Mauritius for having lower tax rates than other African countries. The real issue is the levels of taxation in other African countries.
Economic PolicyProperty RightsSocialism
The New York Times recently interviewed economist Herman Daly, who insists that economic growth is economically destructive. There is much more to the story.
ProgressivismThe Police State
Both progressives and conservatives are touting so-called red-flag laws as a means to prevent mass shootings. But many shootings already have occurred in states that have these laws.
Forget Biden's claim that his government is "fighting inflation." His government is creating inflation, and in so doing robbing people of their savings and earnings.
It’s impossible to simply declare nationalism itself to be good or bad. Its goodness or badness depends primarily on its effect on existing regimes and state institutions.
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
While governments have been assaulting private property rights for many years, they now are ramping up the pressure. Nothing less than our civilization is at stake.