Economics

Millennial Males with Degrees are Getting Crushed in the Workplace (See Chart)

Millennial Males with Degrees are Getting Crushed in the Workplace (See Chart)

It's not the women getting the short end of the stick.

Is Sweden Socialist? No, but ...

Is Sweden Socialist? No, but ...

Sweden is far from the socialist nirvana it has been depicted to be. A look at the good, the bad, and the ugly of its economic system.

3 Economic Fallacies That Just Won’t Die

3 Economic Fallacies That Just Won’t Die

In the classic work 'Economics in One Lesson,' Henry Hazlitt discussed, dissected and debunked 22 economic sophisms, many of which are still with us today. 

Tech Exec Doomsday Preppers: Protecting Themselves from the Automation Monster They Created

Tech Exec Doomsday Preppers: Protecting Themselves from the Automation Monster They Created

Opinions and statistics vary as to how large an impact automation will have on the employment market. But many tech execs are taking no chances.

Demolishing the Pillars of Prosperity in the Name of Art

Demolishing the Pillars of Prosperity in the Name of Art

A New York real estate developer was ordered to pay $6.7M for whitewashing graffiti from his buildings after a judge ruled the graffiti was protected by the Visual Artists Rights Act.

Keynes and the Myth of Permanent Deficit Spending

Keynes and the Myth of Permanent Deficit Spending

John Maynard Keynes is often remembered as an advocate for permanent deficits. In fact, he opposed them.

Government Spending on Higher Education Reaches an All-Time High

Government Spending on Higher Education Reaches an All-Time High

“Typical students burn thousands of hours studying material that neither raises their productivity nor enriches their lives.”

Individualistic Nations Provide the Most Charity for Strangers, Survey Shows

Individualistic Nations Provide the Most Charity for Strangers, Survey Shows

Writing at NPR, Georgetown University’s Abigail March explains that the nations that provide the most help to strangers are also among the most individualistic. 

Why Bitcoin Will Never Become a World Currency

Why Bitcoin Will Never Become a World Currency

It seems unquestionable that cryptocurrencies are bound to play a critical role in coming years. Yet the inherent nature of bitcoin could condemn it to irrelevance as a widely-accepted medium of exchange.

Let Us Eradicate Poverty, Not Demolish Wealth

Let Us Eradicate Poverty, Not Demolish Wealth

By the time you finish reading this article, some 600 people from all over the world will have escaped poverty.

He Was a President Who Understood Principle

He Was a President Who Understood Principle

Coolidge was the rare sort of politician who stuck by his principles of fiscal responsibility and governmental restraint.

Effects of Immigration From Impoverished Nations

Effects of Immigration From Impoverished Nations

The answer varies considerably depending upon the circumstances and people affected, but some eye-opening patterns are present.

Why Hiring the ‘Best’ People Produces the Least Creative Results

Why Hiring the ‘Best’ People Produces the Least Creative Results

"Having people who have different mental perspectives is what’s important. If you want to explore things you haven’t explored, having people who look just like you and think just like you is not the best way."

Is Direct Primary Care the Future of Medicine?

Is Direct Primary Care the Future of Medicine?

Would we experience better care, lower prices, and less intrusion by third parties if we brought the modern doctor back to the local community?

Thomas Sowell: A Beacon of Reason in a Nonsensical World

Thomas Sowell: A Beacon of Reason in a Nonsensical World

Here are 25 quotes from Thomas Sowell, one of America's most outspoken luminaries.

The Pentagon Hunts for UFOs. Can You Guess How Much It Costs?

The Pentagon Hunts for UFOs. Can You Guess How Much It Costs?

Aliens are going to have a bad first impression of us if the first humans they meet are government bureaucrats.

Is it Time to Be Honest About Ethanol?

Is it Time to Be Honest About Ethanol?

Ethanol mandates raise the price of fuel, harms businesses, and create no green benefit. So why do we impose them?

Red Robin is Cutting 570 Jobs. Can You Guess Why?

Red Robin is Cutting 570 Jobs. Can You Guess Why?

The minimum wage wages war on entry-level workers.

Did Trump Throw the First Pitch in a Trade War with China?

Did Trump Throw the First Pitch in a Trade War with China?

President Trump's new tariffs on imports of solar panels and other domestic products are said to place 'America First.' But if they ignite a trade war with China everyone will lose. 

Does the Quest for Equality Degrade Women?

Does the Quest for Equality Degrade Women?

Does the quest for equality actually do more to insult women than it does to advance their cause?

Capitalism’s Biggest Enemies Are Capitalists

Capitalism’s Biggest Enemies Are Capitalists

Capitalism’s critics are a threat to capitalism. Capitalists who work with their cronies in government for favorable treatment are a bigger threat.

America’s Shrinking Middle-Class: What's Really Happening

America’s Shrinking Middle-Class: What's Really Happening

Everyone agrees that the middle-class is shrinking. But what if that is actually a good thing?

More Than a Million Low-Skilled Workers Just Got a Raise

More Than a Million Low-Skilled Workers Just Got a Raise

More than 125 companies announced pay raises or bonuses following passage of the Tax Cuts and Jobs Act.

Patients Are 'Dying in Corridors' of Britain’s Single-Payer Health System

Patients Are 'Dying in Corridors' of Britain’s Single-Payer Health System

Nearly 30% of Britain’s public services budget is spent on its socialized healthcare system.

California Has the Highest Poverty Rate in America. Why?

California Has the Highest Poverty Rate in America. Why?

Many people think Mississippi is the most poverty stricken state in America. They are wrong.

Master’s Degrees in Janitorial Science?

Master’s Degrees in Janitorial Science?

Data increasingly show that obtaining a master’s degree is hardly a surefire path to economic success.

California Makes 20x What Gas-Station Owners Make on a Gallon of Gasoline, After Tax Hike

California Makes 20x What Gas-Station Owners Make on a Gallon of Gasoline, After Tax Hike

California's gasoline tax rose by 12 cents per gallon on Nov. 1, bringing it to nearly 40 cents per gallon.

The Subtle ‘Tyranny’ of Regulatory Overlords

The Subtle ‘Tyranny’ of Regulatory Overlords

Who really benefits from the 14,000 pages of Dodd-Frank?

Pages