Cleveland was a staunch critic of government subsidies and crony privileges. He saw no constitutional justification for welfare and famously stated: “Though the people support the government, the government should not support the people.”
Companies with government-granted monopolies never have to worry about going out of business. And they can therefore behave badly without any consequences.
On RTVE in Spain, Mark Thornton talks prohibition, and the po
Any time officials use “controls,” you know the policy is going to be a failure. Whether it is preceded by “price” or “rent,” this economically defiant measure produces destitution, deterioration, and destruction.
If climate change effects aren't enough to put a noticeable dent in life expectancy, then why is climate change talked about as an apocalypse?
It is challenging to see how governments can escape from their debt traps when interest rates rise above the levels currently forecasted.
So far, the EU has required that all states approve any tax increases in a unanimous vote. Unsurprisingly, the EU elites find this limitation very inconvenient.
Politicians say they need longer terms in office so they can "do more" while in office. That by itself is an argument for shorter terms and more frequent elections.
A sober look at the assumptions underlying neoclassical analysis reveals that they are either not realistic or not applicable in economic analyses of the real world.
While many people talk about money and liquidity interchangeably, the reality is these are both very different concepts
