Like so many politicians, Ocasio-Cortez supports increasing the minimum wage without fully appreciating the impact it would have on business.
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.
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.
An Amish resident of Colon, Michigan, has started an "Uber" ridesharing service using his horse and buggy.
History has shown that experts aren’t often much better than the average person when it comes to forecasting the future.
“Concentrated power is not rendered harmless by the good intentions of those who create it.” - Milton Friedman
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.
Let’s look at patterns of Russian policy stretching back over three centuries.
California has the highest poverty rate in the U.S. and is rated dead last in quality of life.
A deleted Star Wars scene reveals that, at least in the 1970s, George Lucas understood that free markets make free people.
No one should have to get a license or undergo an exam to qualify for access to a simple consumer product.
Is wealth inequality bad? Here are three important questions to ask.
Many people today argue that Jesus was history's first Marxist.
When a social order favors the development of families and communities, corresponding business models also appear.
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?
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.
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.
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?
Ocasio will very likely go on to win her seat by a comfortable margin, but the real losers will be her constituents.
The U.S. government is now cracking down on Americans who have outstanding tax bills — by holding their passports hostage.
When acting on our desires in the marketplace means signing over our data to corporate entities, the erosion of choice is revealed to be the consequence of choice – or at least, the consequence of celebrating choice.
Her economics degree didn’t help her in the recent PBS interview, as she revealed an ignorance of basic economics and argued multiple points that objective data contradict.
If President Eisenhower had not focused on the important while commanding the Allied forces, would World War II been lost?
Treating symptoms is not enough.
'The program will provide at least 100 Stocktonians with a guaranteed income of $500 per month for 18 months.' Will this program be an improvement to the status quo, or just an ineffective waste of money?
Employers now are begging for talent, and ready to pay to keep it. That gives workers more confidence that they can leave one job for another.
From Mesopotamia (or even earlier), all civilizations have employed some kind of medium of exchange to facilitate transactions regardless of their geographical locations, legal and economic systems, religious beliefs or political structures. Have you ever wondered why?
The uniquely frustrating brilliance of Sanders lies in his theatrical acuteness for distortions and inaccuracies.