American Houses Keep Getting Bigger — And so Does American Debt
In spite of rising debt and worries about long term trends in affordability, new American houses and apartments are larger than they've ever been before.
In spite of rising debt and worries about long term trends in affordability, new American houses and apartments are larger than they've ever been before.
Recessions grow out of government and central-bank interventions that direct resources away from true wealth generating activities — and toward bubble activities.
The Second Amendment was motivated by much earlier English ideas about decentralizing the power of the king. It was hardly the invention of Southern slave drivers.
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency.
Although the pope remains unaware of this, the rise and development of capitalism has resulted in a massive decrease in global poverty.
As experience now makes clear, the War Powers Resolution did not fix the problem of presidential usurpation of Congress's war powers.
There is a very stark contrast between market-friendly Botswana, South Africa, and the statist hellhole of Zimbabwe.
So long as he uses a "national security" ploy, a president can raise taxes without so much as a debate in Congress.
The capitalist system is a system in which promotion is precisely according to merit. Marx didn't like that.