Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions.
MU changes lives for the better. Please support this magnificent week of education for the deserving students who seek real education beyond the traditional college route.
Everything from huge Keynesian "stimulus" policies to the war in Ukraine is dovetailing in a bout of stagflation: the simultaneous growth of inflation and unemployment.
The presence of American companies in foreign nations was once seen as a sign of American superiority and an instrument of American cultural power. Not anymore.
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.