Economics

Three Movies You Should Watch to Understand the Economic Collapse of 2008

Three Movies You Should Watch to Understand the Economic Collapse of 2008

It has been ten years since Lehmann Brothers investment bank collapsed. This set off the banking crisis which led to a world wide recession.  These three movies give good insight into what happened, why and the consequences.

‘Cosby’ Actor Reminds Us of the Dignity of Work

‘Cosby’ Actor Reminds Us of the Dignity of Work

After a decades-long career in film, theater, and education, actor Geoffrey Owens decided to take a part-time job as a cashier at Trader Joe’s.

Is the World Really Getting Richer?

Is the World Really Getting Richer?

The news of the day of the might give the impression that the world is getting worse every hour. But that may not be the case. 

Faith, Family, Government, & the Company Store

Faith, Family, Government, & the Company Store

Who profits from the dismantling of the black family in the United States? Somebody does. Who profits from the collapse of the white working class family? Somebody does.

The In-N-Out Burger Boycott Shows that Under Socialism, Those Who Don’t Obey Won’t Eat

The In-N-Out Burger Boycott Shows that Under Socialism, Those Who Don’t Obey Won’t Eat

What kind of twisted mindset demands obedience from others? A mindset that loves power.

Undermining the Independence of the Fed is a Terrible Idea

Undermining the Independence of the Fed is a Terrible Idea

In a recent Reuters interview, Trump outspokenly criticized Jerome Powell, the Chairman of the Federal Reserve System, for “raising interest rates.”

Google and Apple Are Recognizing the Façade of the Education System

Google and Apple Are Recognizing the Façade of the Education System

The question is, will the rest of America do the same?

7 Things I'd Do if I Wanted to Keep Poor People Poor

7 Things I'd Do if I Wanted to Keep Poor People Poor

If I wanted to keep poor people poor, there are several government policies I would favor. Let's count them down.

Why the Sudden Frenzy Against Plastic Straws?

Why the Sudden Frenzy Against Plastic Straws?

Plastic straws are now in the cross hairs of various levels of government. What leads to this American political culture of bans, restrictions and controls from above?

Ocasio-Cortez Mourns a Coffee House Driven out of Business by a Minimum Wage Law She Supported

Ocasio-Cortez Mourns a Coffee House Driven out of Business by a Minimum Wage Law She Supported

Like so many politicians, Ocasio-Cortez supports increasing the minimum wage without fully appreciating the impact it would have on business. 

Majority of Public Employees Don't Want to Be Forced to Pay Union Dues

Majority of Public Employees Don't Want to Be Forced to Pay Union Dues

The Supreme Court recently ruled that public-sector employee unions may not collect dues from non-members without their consent. This decision is popular even among union members.  

Is Democratic Socialism a Myth Like the Loch Ness Monster and Bigfoot?

Is Democratic Socialism a Myth Like the Loch Ness Monster and Bigfoot?

As with the Loch Ness Monster, there are many who have claimed to have seen democratic socialism and its wonderful benefits. However, like sightings of “Nessie,” on examination, the claims of democratic socialism unravel.

Amish Uber Shows that Entrepreneurship is Contagious

Amish Uber Shows that Entrepreneurship is Contagious

An Amish resident of Colon, Michigan, has started an "Uber" ridesharing service using his horse and buggy.   

5 of the Worst Economic Predictions in History

5 of the Worst Economic Predictions in History

History has shown that experts aren’t often much better than the average person when it comes to forecasting the future.

The Good Intentions Fallacy Is Driving Us Toward the Destructive Outcomes of Socialism

The Good Intentions Fallacy Is Driving Us Toward the Destructive Outcomes of Socialism

“Concentrated power is not rendered harmless by the good intentions of those who create it.” - Milton Friedman

The Worst Emperor of Ancient Rome: Caligula

The Worst Emperor of Ancient Rome: Caligula

Of his own citizens, he famously declared, “I wish the Roman people had but a single neck” so he could hang them all at once.

A Brief History of Russia Meddling in Other People’s Elections

A Brief History of Russia Meddling in Other People’s Elections

Let’s look at patterns of Russian policy stretching back over three centuries.

Why California Cities Are Becoming Unlivable

Why California Cities Are Becoming Unlivable

California has the highest poverty rate in the U.S. and is rated dead last in quality of life.

How One Deleted Scene Turns Star Wars into a Struggle Against Socialism

How One Deleted Scene Turns Star Wars into a Struggle Against Socialism

A deleted Star Wars scene reveals that, at least in the 1970s, George Lucas understood that free markets make free people.

Why Straw Bans Don't Help the Environment and Needlessly Restrict Freedom

Why Straw Bans Don't Help the Environment and Needlessly Restrict Freedom

No one should have to get a license or undergo an exam to qualify for access to a simple consumer product.

The Top 1% Have 40% of America’s Wealth: Is This a Problem?

The Top 1% Have 40% of America’s Wealth: Is This a Problem?

Is wealth inequality bad? Here are three important questions to ask.

Was Jesus a Socialist? A Conversation With Theologian David Bentley Hart and Economist Jerry Bowyer

Was Jesus a Socialist? A Conversation With Theologian David Bentley Hart and Economist Jerry Bowyer

Many people today argue that Jesus was history's first Marxist.

How Mom and Pop Stores Are Defeating Amazon and Walmart in India

How Mom and Pop Stores Are Defeating Amazon and Walmart in India

When a social order favors the development of families and communities, corresponding business models also appear.

Inflation Veering Toward 1 Million Percent in Collapsing, Socialist Venezuela

Inflation Veering Toward 1 Million Percent in Collapsing, Socialist Venezuela

It wasn’t that long ago that the left praised socialist Venezuela as a model country, a good comparison to the mean, ruthless system of the United States. What happened?

3 Nobel Prize-Winning Contributions to Economic Science (From People Who Weren’t Economists)

3 Nobel Prize-Winning Contributions to Economic Science (From People Who Weren’t Economists)

Since it was introduced in 1968, the Nobel Memorial Prize in Economic Sciences has been awarded to 79 individuals for their contributions to different branches of economics. Yet not all of them were economists by training.

Venezuela’s Nightmare: 5 Reasons It's Likely to Get Worse

Venezuela’s Nightmare: 5 Reasons It's Likely to Get Worse

We know this assessment isn’t what millions of suffering Venezuelans will want to hear, but Maduro may hold on to power for quite some time.

Could Britain-Style Healthcare Work in America?

Could Britain-Style Healthcare Work in America?

No one would deny that the American healthcare system desperately needs reform, but is a single-payer system like Britain's the way to go? 

Alexandria Ocasio-Cortez's Campaign Platform Explains Her Primary Victory

Alexandria Ocasio-Cortez's Campaign Platform Explains Her Primary Victory

Ocasio will very likely go on to win her seat by a comfortable margin, but the real losers will be her constituents.

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