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Booms and Busts
Government stimulus plans blow up new bubbles to replace the old ones that had previously been created by government also. Let's end the cycle of wealth destruction.
Things like forks and washing machines start out as "luxury" items for the rich. But thanks to markets, these goods, over time, become more and more accessible to everyone.
The EntrepreneurLabor and WagesPoverty
The rich get rich by virtue of making what's dear rather cheap, thus helping the poor the most.
SocialismTaxes and SpendingWorld HistoryInterventionism
Emmanuel Macron said he wanted to make France more free and more competitive. But his failed tax increase on gasoline shows just how fragile reform attempts are in France.
If we all still lived like cavemen, we'd have hardly any inequality at all. But that's not exactly something to aspire to.
The costs of recovering from the war would be paid by those who had had little to do with bringing about the massacres.
Big GovernmentHealthThe Police StateInterventionism
There were three important victories related to cannabis, i.e., marijuana, legalization and only the most radical measure failed.
Other Schools of Thought
Unfortunately, the economics Nobel this year neglects the problems at the heart of the State — the government failures that pollute and impoverish.