Why Health Care Costs Exploded After World War II
The advent of health insurance and regulated health care brought a new era of rampant health care inflation.
The advent of health insurance and regulated health care brought a new era of rampant health care inflation.
Central bankers think the official statistics are overcounting inflation and undercounting productivity.
Ben Bernanke is not the savior who rescued the global economy; he is the clueless fool who plunged a poisoned knife in its back.
We can apply economic analysis to explain cultural transformation, and a particularly important example is fiat money.
US Treasury Secretary Jack Lew has been threatening the Chinese government over its inexpensive steel exports.
They have mismanaged the economy and I am afraid the worst is yet to come.
Economic growth is about transforming capital in useful ways. It is not about just making more stuff.
Seventy years later, the same issues continue to arise today due to the same fundamentally flawed ideas of socialism.
In our proper condemnation of scientism in the study of man, we should not make the mistake of dismissing science as well.
Spain is prepping for a new election this month, and there is little sign of a national desire for freedom and free markets.