Relative Prices Matter: Why Cost-of-Living Indexes Don’t Tell Us Much
When people change cities, they are likely to change their consumption patterns — which means a simple cost-of-living index doesn't tell us what it should.
When people change cities, they are likely to change their consumption patterns — which means a simple cost-of-living index doesn't tell us what it should.
The Court’s betrayal of its constitutional role has vastly increased the stakes for the current and any future Justice nomination.
Homicide rates in the US remain well below where they were 25 years ago, and stubbornly high homicide rates are a regional — and not a national — problem.
Those who think "more socialized medicine" is the key ingredient in higher life expectancy in the US miss some very important facts about American life.
Reagan's rhetoric on freedom and free markets was excellent. The policies he supported as president weren't nearly as great.
A strong GDP growth rate, in most cases, is likely to be associated with the intensive squandering of the pool of real wealth.
Given that socialism is based primarily on theft and envy, it seems odd to claim that Jesus is a big fan of a socialist state.
Rothbard: "if proponents of the higher minimum wage were simply wrongheaded people of good will, they would not stop at $3 or $4 an hour, but indeed would pursue their dimwit logic into the stratosphere."
Expansions in credit and investment are only a problem when they result from inflationary monetary policy, and not from real saving.
Not surprisingly, government regulations make it harder for small businesses to help their employees save for retirement.