Economics

Does it Pay to ‘Buy Local’?

Does it Pay to ‘Buy Local’?

Here are nine reasons for shopping locally, not only during this holiday season but also throughout the year.

The New York Times Reveals the Horrors of Capitalism—By Showing China’s State-Run Hospitals

The New York Times Reveals the Horrors of Capitalism—By Showing China’s State-Run Hospitals

If the Times had visited one of China’s many private hospitals, they would have found something quite different from the chaos depicted in China’s public health care facilities.

There's a Good Reason Many Women Make Less Than Men

There's a Good Reason Many Women Make Less Than Men

Whenever it is reported that women make less money than men, it is automatically assumed that this must be the result of discrimination. What is seldom mentioned is the factors that go into these statistics. 

More Markets and Less Politics

More Markets and Less Politics

The market is more than just an efficient means to provide goods and services. It also encourages peaceful cooperation between people who might otherwise not get along.  

Hayek: Social Justice Demands the Unequal Treatment of Individuals

Hayek: Social Justice Demands the Unequal Treatment of Individuals

Should we treat people equally or treat them differently based on their race, gender, or class to correct collective imbalances in “wealth, opportunities, and privileges within a society”

Is Alexandria Ocasio-Cortez Right About the New Amazon Headquarters?
The Air Force's $1,200 Air Coffee Cups Demonstrate Big Government at Its Best

The Air Force's $1,200 Air Coffee Cups Demonstrate Big Government at Its Best

The story of how the Air Force found a fifty-cent fix for its broken $1,200+ coffee cups is one for the “you’ve got to be kidding me” section in the volumes of how U.S. government manages to waste such massive amounts of money each year.

Socialists and Fascists Have Always Been Kissing Cousins

Socialists and Fascists Have Always Been Kissing Cousins

Of all the disturbing developments in culture and ideas over the last several years few have been more disturbing than the reemergence of communism and socialism.  

This County Discovered It's Possible to Operate Debt-Free... and Its Citizens Are Reaping the Benefits

This County Discovered It's Possible to Operate Debt-Free... and Its Citizens Are Reaping the Benefits

Walworth County is proving you can run a government and undertake capital projects without carrying any debt.

Remembering Jim Jones and the Socialist Ideals He Held

Remembering Jim Jones and the Socialist Ideals He Held

Jones sought to “infiltrate the church” to spread the communist message.

What is Neoliberalism?

What is Neoliberalism?

Neoliberalism is one of those concepts that changes meaning depending on whom you ask.

Not Too Big to Fail: Why Facebook's Long Reign May Be Coming to an End

Not Too Big to Fail: Why Facebook's Long Reign May Be Coming to an End

Sears and Blockbuster fell because neither was able to adapt and grow with its consumer base. Is Facebook making the same mistakes?

Three Reasons Brazilians Elected Their Own ‘Trump’

Three Reasons Brazilians Elected Their Own ‘Trump’

Brazilians believe that their country is destined for greatness. They elected a man as president who has promised to make Brazil great.  

Caravan Contradictions

Caravan Contradictions

For all the staged midterm theatrics, the caravan illustrates the abject ironies and paradoxes of the entire illegal alien project.

Why Thomas Merton Renounced Communism: 6 Lessons We Can Learn Today

Why Thomas Merton Renounced Communism: 6 Lessons We Can Learn Today

In an age where individuals are increasingly falling for socialist nostrums, Thomas Merton provides timeless lessons about why people choose bankrupt ideologies such as communism.   

Is Gender Equality a Self-defeating Goal?

Is Gender Equality a Self-defeating Goal?

Gender equality aims at a self-sufficiency of sameness even in marriage and family life. How many people really prefer that?

Illegal Immigration Hurts Black Americans Most

Illegal Immigration Hurts Black Americans Most

Mass immigration, legal and illegal, disproportionately hurts black Americans because they are the ones most likely to compete directly with immigrants for work.

Beyond Climate Change: 3 Important Economic Contributions of Nobel Prize Winner William Nordhaus

Beyond Climate Change: 3 Important Economic Contributions of Nobel Prize Winner William Nordhaus

Nordhaus’ contributions to economic science aren’t confined to the field of climate change. Here are three other contributions that give insight into the work of this celebrated economist.

Government Economists Offer Window Into What a Socialist US Economy Would Look Like

Government Economists Offer Window Into What a Socialist US Economy Would Look Like

With the 200th anniversary of Karl Marx’s birth, socialism is making a comeback in American political discourse. But are its prospects as rosy as they appear?

Parents, If We’re Going to Have Smart Government—Teach Your Kids Civics

Parents, If We’re Going to Have Smart Government—Teach Your Kids Civics

Our students are ill-prepared to become voting adults, but the blame shouldn’t be placed squarely on our schools.

Subprime Loans Are Back, Proving We Have Learned Nothing from 2008

Subprime Loans Are Back, Proving We Have Learned Nothing from 2008

For as often as the phrase “history repeats itself” is used, it’s shocking how rare it is for mankind to actually learn from its mistakes.

When Sears Used the Market to Combat Jim Crow

When Sears Used the Market to Combat Jim Crow

As we eulogize this beacon of American capitalism, we should also celebrate one of its lesser-known achievements: using markets to combat Jim Crow laws.

Why the U.S. Must Become an 'Aspirational' Society Once Again

Why the U.S. Must Become an 'Aspirational' Society Once Again

If America returned to being an aspirational society, would we see less bickering and more prosperity amongst its citizens?

Want Low Income Taxes? Don't Live in This State.

Want Low Income Taxes? Don't Live in This State.

What happens when your state government gets so big, it tops the charts in terms of individual tax burden?

Why Federal Debt Is Damaging

Why Federal Debt Is Damaging

The U.S. Treasury reports that the federal budget deficit was $779 billion in fiscal 2018. The deficit is caused by spending in excess of tax revenues and is financed by borrowing from foreign and domestic creditors.

A Third of Millennials Identify as Democratic Socialists: Why I am Not Surprised

A Third of Millennials Identify as Democratic Socialists: Why I am Not Surprised

A recent survey shows that a third of Millenials identify as "Democratic Socialists".  Given their financial straits, I am not surprised.  

Today’s Young Voters Are Embracing Socialism for a Very Good Reason

Today’s Young Voters Are Embracing Socialism for a Very Good Reason

A new survey finds that a third of young voters identify with some form of socialism.

Forget Lemonade Stands, These 'Kidtrepreneurs' Are Running Million-Dollar Companies

Forget Lemonade Stands, These 'Kidtrepreneurs' Are Running Million-Dollar Companies

In the modern marketplace, today’s “kidtrepreneurs” aren’t just running small-scale businesses anymore—they are well on their way to building commercial empires.

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