Consumer Optimism Is Not the Key to Economic Growth
The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.
The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.
Rothbard, far more than his Beltway critics, understood the practical necessity of working with diverse people on an issue by issue basis.
"Coffee and milk became luxuries years ago, but the scary scarcity — of things like bread — have hit my middle-class home."
The Federal government likes to play both sides of the environmentalism debate in order to increase its own power.
Labor productivity in the US is experiencing the worst trend seen since the late 1970s.
Rothbard saw the State as a gang of robbers. It by no means followed from this, though, that he was uninterested in politics.
The view seems to be that if a higher minimum wage is mandated that employers will continue to make all of the same hiring decisions. Not true.
If we drive factories in developing countries out of business because they're "sweatshops," we condemn the workers to even greater poverty.
The Olympics is one big party for politically-connected millionaires and other "elites" at the expense of ordinary taxpayers.
Coca-Cola still uses components of the cocaine-producing coca leaf in its production today in a partnership with big pharma and government cronies.