Economics

Why the Dollar’s Era of Dominance May Be Coming to an Abrupt End

Why the Dollar’s Era of Dominance May Be Coming to an Abrupt End

With China now trading Petroyuan Futures, countries now have a way to separate from the “empire of debt.”

Republicans Love Government Spending. Listen to What They Say at Hearings.

Republicans Love Government Spending. Listen to What They Say at Hearings.

The real problem is that most Republicans support higher spending on nearly all programs. The problem is not that Democrats push them into accepting higher spending.

Does Reflecting on Death Help Prepare Us for it?

Does Reflecting on Death Help Prepare Us for it?

Memento mori – invitations to reflect on our own mortality – have been common throughout history.

Mike Rowe Hits Hard for Fatherhood

Mike Rowe Hits Hard for Fatherhood

It’s the parents who have changed. It’s the parents who have put their own happiness above the best interests of their kids.

Venezuela’s President Tackles Economic Crisis by Deleting 3 Zeros From its Currency

Venezuela’s President Tackles Economic Crisis by Deleting 3 Zeros From its Currency

The announcement was made via Twitter, where Socialist leader Nicolás Maduro said the current bolivar will be demonetized in favor of the new currency.

G.K. Chesterton: Women Shouldn't Pursue Careers?

G.K. Chesterton: Women Shouldn't Pursue Careers?

"I do not deny that women have been wronged and even tortured; but I doubt if they were ever tortured so much as they are tortured now by the absurd modern attempt to make them domestic empresses and competitive clerks at the same time."

New Federal Program Takes Aim at the College Textbook Racket

New Federal Program Takes Aim at the College Textbook Racket

A new $5 million federal program will bring free digital textbooks to students.

What Ryan Cooper Gets Wrong About Classical Liberalism

What Ryan Cooper Gets Wrong About Classical Liberalism

Liberalism simply observed that things go better with freedom – not perfectly, not always, not toward creating utopia, but generally much better than any kind of imposition from above ever can.

Why Estonia—Yes, Estonia—Is Suddenly One of the Wealthiest Countries in Eastern Europe (and the Most Innovative)

Why Estonia—Yes, Estonia—Is Suddenly One of the Wealthiest Countries in Eastern Europe (and the Most Innovative)

Estonia is the living example that human progress is closely linked to economic freedom.

Socialists and Capitalists Alike See No Need to Protect the Traditional Family, Chesterton Argued

Socialists and Capitalists Alike See No Need to Protect the Traditional Family, Chesterton Argued

In 'What’s Wrong with the World,' G.K. Chesterton argued that capitalists and socialists alike show little interest in defending our most basic social unit.

The Gender Pay Gap is Real ... but it Has Little to Do With Gender Discrimination

The Gender Pay Gap is Real ... but it Has Little to Do With Gender Discrimination

A 2015 study found that women were paid $0.73 dollars per dollar earned by men, a 27% gap. But evidence does not support the claim that this wage gap is the  result of systemic gender discrimination

John Locke’s 3 Tips for Raising Financially Independent Children

John Locke’s 3 Tips for Raising Financially Independent Children

The habits families model or teach to their children – whether in spending or saving – will likely get passed on to each generation whether they are wise or not.

Forcing Students to Apply to College Is a Bad Idea

Forcing Students to Apply to College Is a Bad Idea

Should college be the norm for students after they graduate from high school?

3 Questions Congress Should Answer Before Bailing Out Obamacare

3 Questions Congress Should Answer Before Bailing Out Obamacare

Congressional Republicans now are reportedly looking to spend billions of additional tax dollars bailing out insurers offering Obamacare coverage, rather than dealing with the real problems that are driving up costs.

I Grew Up in a Communist System. Here’s What Americans Don’t Understand About Freedom

I Grew Up in a Communist System. Here’s What Americans Don’t Understand About Freedom

Only in a free-market system can we truly achieve individual liberty and human flourishing.

How Marcus Aurelius Influenced Adam Smith (No, Really)

How Marcus Aurelius Influenced Adam Smith (No, Really)

Adam Smith's appreciation for the Stoic emperor's writings is evident in his own work.

Bill Gates Fails Logic While Talking Cryptocurrencies in Reddit AMA

Bill Gates Fails Logic While Talking Cryptocurrencies in Reddit AMA

Even Bill Gates commits logical fallacies on occasion. 

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

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