What’s Next for Brazil’s “New Right”?
Brazil's new president has made many statements favorable to many pro-market reforms. But will he focus on economic reforms or the social conservatism favored by many of his supporters?
Brazil's new president has made many statements favorable to many pro-market reforms. But will he focus on economic reforms or the social conservatism favored by many of his supporters?
Conservation will take place where individuals are allowed to seek solutions. Necessity is the mother not only of invention but of conservation as well.
Most major sectors in the US economy have been distorted by government policies pushing monopolies and limiting competition.
San Francisco’s public defecation problem is a symptom of its homelessness problem — a problem made far worse by government housing regulations.
There's only one way to fund a new public-works project or "stimulus" scheme: through money stolen from the taxpayers.
Recessions emerge when the central bank reverses its loose monetary stance. But the seeds of recession were sown earlier by private lending practices that grew out of central-bank money creation.
The only way to end the booms and busts brought by inflationary credit is to eliminate the central bank's counterfeiting that constitutes and creates that inflation.
As the wage-earning population grows smaller as a proportion of the population, get ready for calls for "wealth taxes" which can keep the taxes coming in even as total wage incomes fall.
If the laws of economics are either unknown or not heeded, the inevitable penalty will be an economy of scarcity and poverty.
The US Army commissioned a propaganda film on recovering veterans. But the Army nixed the program after the film ended up showcasing the horrors of war.