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Compulsory public schooling is like having the government use the taxpayers' money to set up a nationwide chain of public newspapers and then compelling all people to read them.
Free MarketsU.S. History
Jimmy Carter doesn't get credit for his deregulation efforts, but his initiatives probably were as significant a boost to the economy as any president has accomplished since 1980.
Economic FreedomWorld History
Twenty-first-century socialism, which has been so popular in Latin America for many years, has failed in a way that mirrors the failure of twentieth-century socialism in other parts of the world.
The West did not need resources from "Third World" colonies to attain economic development. In fact, colonialism was a result of the West's development, and not its cause.
Other Schools of Thought
There are many reasons we should be skeptical of the GDP statistic. But it is nonetheless important to understand how it is calculated.
Big GovernmentEconomic FreedomHealth
More threatened COVID lockdowns, and thus more bailouts and explosions of deficit spending, do not bode well for the global economy.
Monetary PolicyU.S. History
Old coins vaccinated me against trusting politicians long before I grew my first scruffy beard. I began collecting coins when I was eight years old in 1965, the year President Lyndon Johnson began removing all the silver from American coins.
Financial MarketsGlobal EconomyMoney and Banks
Central bank policies that rely on ultralow interest rates have been shown to bring economic stagnation. Unfortunately, central bankers don't seem to have any other ideas.