Socialism will always encounter two big problems when regimes attempt to implement it: 1) the impossibility of economic calculation without true market prices, and 2) the lack of an incentive to produce only what consumers actually want.
The welfare state is a key ingredient in sowing social mistrust and discord among diverse groups in Sweden.
It is the lethal combination of tariffs and the end of the expansionary phase of the credit cycle which should concern us.
"Green" parties gained too, and unfortunately, the big winners share an important similarity: they all advocate for more government interventionism in one way or another.
In two recent cases, Neil Gorsuch joined the "liberal" wing of the Court to side with Indian tribes in enhancing tribal sovereignty. This is a good thing for limiting and decentralizing government power.
The thesis that “deficits don’t matter” does not begin with the English economist John Maynard Keynes, but with the much-less-known Polish economist Michal Kalecki.
The film provides viewers with a sobering and accurate depiction of the horrific reality of war.
When it comes to school safety, a good place to start is by allowing local jurisdictions to reassert local control in their own communities.
Deflation is not a matter of animal spirits or consumer expectations. It is the result of earlier creation of money "out of thin air" by central banks and commerical banks. Deflation is the natural result.
By making government prosecutors nearly invulnerable to legal accountability, the courts have unleashed a situation which F.A. Hayek described as one in which “the worst get on top.”
