Economics

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?

Why You Should Think Twice About a Master’s Degree If You Live in These States (See Charts)

Why You Should Think Twice About a Master’s Degree If You Live in These States (See Charts)

New research shows that following the crowd to greater levels of education may actually leave students worse off.

Failing Well Is the Key to Success

Failing Well Is the Key to Success

Defeat is painful, but it is absolutely necessary for growth.

4 Common Capitalism Myths Debunked

4 Common Capitalism Myths Debunked

The term Marx coined stuck and has led to some confusion about why markets actually work.

The Instant Pot Can Teach Us a Lot About Capitalism (and the Key to Entrepreneurial Success)

The Instant Pot Can Teach Us a Lot About Capitalism (and the Key to Entrepreneurial Success)

Without traditional advertising, Instant Pot has become a best-selling item on Amazon, selling 215,000 units on Amazon Prime Day.

Howling Cow Ice Cream: An NC State Experiment in Hands-On Learning

Howling Cow Ice Cream: An NC State Experiment in Hands-On Learning

Do more schools need to provide students with opportunities to put what they learn into practice?

2017: The Year in Facts and Falsehoods

2017: The Year in Facts and Falsehoods

Five facts and five falsehoods which the media and politicians spread in 2017.

Knowing Their Harm, Politicians Still Push for Minimum Wages

Knowing Their Harm, Politicians Still Push for Minimum Wages

We have minimum wage hikes for the same reason we have rent control, protectionism, and thousands of other destructive policies.

1 of Every 5 Government Employees Has a 6-Figure Salary

1 of Every 5 Government Employees Has a 6-Figure Salary

Almost 30,000 rank-and-file government employees make over $190,823, more than any governor of the 50 states.

Does the Bennett Hypothesis Still Matter?

Does the Bennett Hypothesis Still Matter?

If the government gives money to students to spend on education, then students will be able and willing to spend more on that product. ... And now, we’re seeing the effects.

No, Tax Cuts Don't Kill People

No, Tax Cuts Don't Kill People

No one’s going to die just because the individual mandate gets repealed.

Fact Check: Did Republicans ‘Essentially’ Repeal Obamacare?

Fact Check: Did Republicans ‘Essentially’ Repeal Obamacare?

President Donald Trump claimed the GOP tax bill that Congress passed Wednesday “essentially” repeals Obamacare. But does it?

Illinois Sees Record Loss of People and Income, IRS Data Shows

Illinois Sees Record Loss of People and Income, IRS Data Shows

Data released by the Internal Revenue Service shows the Land of Lincoln could be in big trouble.

Musician Has Life Savings Stolen During Police Traffic Stop

Musician Has Life Savings Stolen During Police Traffic Stop

The Wyoming Highway Patrol seized nearly $92,000 from musician Phil Parhamovich, who was never even accused or charged with a crime.

National Review Errs on Tax Cuts

National Review Errs on Tax Cuts

National Review’s Ramesh Ponnuru says the tax cuts don't tilt toward the middle class. He's wrong.

Why Republicans Shouldn't Get So Excited About Tax Cuts

Why Republicans Shouldn't Get So Excited About Tax Cuts

Congressional Republicans delivered on tax reform. That was the easy part.

Only 1 in 4 Millennials Demonstrate ‘Basic Financial Literacy,’ According to George Washington University Poll

Only 1 in 4 Millennials Demonstrate ‘Basic Financial Literacy,’ According to George Washington University Poll

Those numbers are understandable when one looks at how much time states spend on financial literacy instruction.

40 Million Americans Are Living in Poverty? FALSE

40 Million Americans Are Living in Poverty? FALSE

Census statistics on poverty ignore a great many things.

Final Tax Bill: Middle Class Gets Biggest Cut

Final Tax Bill: Middle Class Gets Biggest Cut

Republicans are expected to pass sweeping tax legislation Tuesday. Here's what the finalized bill looks like. 

Why the Alt-Right is Against Capitalism

Why the Alt-Right is Against Capitalism

The alt-right’s turn toward overt anti-capitalism is neither surprising nor new nor counterintuitive.

3 Reasons Millennials Should Consider Ditching Karl Marx for Ayn Rand

3 Reasons Millennials Should Consider Ditching Karl Marx for Ayn Rand

Karl Marx doesn’t align with what’s important to Millennials.

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