Is Price Stability Really a Good Thing?
Contrary to popular thinking, there is no such thing as a price level that should be stabilized by the central bank in order to promote economic prosperity.
Contrary to popular thinking, there is no such thing as a price level that should be stabilized by the central bank in order to promote economic prosperity.
Homicide rose at a remarkably fast rate in 2020. This may be a sign that the public is losing faith in the legitimacy of the regime. We see this from doubts about elections to outrage over riots and police abuse.
Immense damage has been done to economic theory by the error of believing the "labor theory of value." Our work is not what gives value to goods and services. It's the other way around.
Many students may not even realize they are being subtly indoctrinated, slowly trained to see the world as a socialist or “through a Marxist lens.”
The process of learning what’s most efficient and profitable includes merging with competitors and taking over different stages of the supply chain—all tactics that would be considered in violation of current antitrust laws.
Will guilt or innocence in criminal trials increasingly hinge on broader desirable social justice outcomes?
If US states are able to act independently, there is a greater chance for competition between jurisdictions, incentivizing states to provide a higher quality of life and to attract productive newcomers.
The ongoing success of the cannabis nullification effort has shown the uselessness of those who repeatedly chant slogans about “federal supremacy” and “If you don’t like the (federal) law, change it.”
After thirteen years with on average negative real returns to conservative savings, it is time to require the Federal Reserve to address its impact on savers.
An additional—and quick—$1 trillion spending boost in energy-intensive and material consuming industries is likely to create new problems in terms of inflation and supply shortages.