Wednesday, November 14, 2018

Atlas Mugged: Elizabeth Warren’s Plan to Nationalize Corporations

by Jeffrey Harding via Mises Ayn Rand’s novel Atlas Shrugged depicts a world where freedom and free markets are crushed by not-so-well-meaning politicians and bureaucrats. The story is...

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

by Brian Balfour via FEE If I wanted to keep poor people poor, there are several government policies I would favor. Let's count them down. 1:...

Monetary Policy in an Uncertain World

  by James A. Dorn via CATO Inst. Ten years after the 2008 financial crisis we are again facing the possibility of economic turmoil as the...

Want a Socialist Society? First, Abandon Your Hopes and Dreams

by Aaron Banks via Mises Inst. The debate on socialism has surfaced yet again with the recent congressional primary election victory of 28-year-old Alexandria Ocasio-Cortez,...

Trade deficits associated with higher – not lower – levels of employment

Despite the false narrative of rising trade deficits leading to U.S. job losses, the exact opposite has been true for nearly the last half-century...

Welfare Spending Did Not Decrease Poverty, Capitalism Did

Last September, I shared some very encouraging data showing how extreme poverty dramatically has declined in the developing world. And I noted that this progress happened during...

There’s No Such Thing as a Trade Deficit

by Colin Grabow via CATO Concerned with how trade is commonly discussed, Greg Mankiw recently issued a plea to journalists to halt the use of subjective terms to...

The Minimum Wage Doesn’t Do What You Think It Does

by Jordan Setayesh via Mises The assumption that the minimum wage helps low-wage workers permeates public discourse on the topic. One of the most curious political phenomenon...

Once upon a Time, Small Business Made America Great

In just a year and a half, President Trump appears to be turning his slogan, "Make America Great Again," into that rarest of things:...
open for business

Three Economics Lessons I Learned from My Dad

by Ryan McMaken via Mises As long as I've known him, my father has always been the entrepreneurial type. Even now, in his seventies, he picks up...

The Seduction of Socialism

For the current generation, sometimes referred to as millennials, it appears one thing is more seductive than sex -- and that's socialism. https://townhall.com/columnists/calthomas/2018/07/26/the-seduction-of-socialism-n2503451

Black American Culture and the Racial Wealth Gap

There is arguably no racial disparity more striking than the wealth gap. While the median white household earns just 65 percent more income than its black...

Is Green Energy Competitive?

by Peter Van Doren via CATO The declining cost of solar panels and the widespread adoption of rooftop solar in California lead to many cocktail party discussions about the...
poverty

Do Poverty, Inequality, and Mobility Have a lot in Common? Not Really.

Despite the stellar success of ordinary people lifting themselves out of poverty through production and access to a stable market, the income inequality narrative...

Five of Hayek’s Biggest Ideas: A Study Guide

by Kai Weiss via FEE Friedrich August von Hayek (1899-1992) is today glorified by freedom lovers all around the world. The Austrian in a double sense—both as...
Ancient Rome

The Slow-Motion Financial Suicide of the Roman Empire

by Lawrence W. Reed, Marc Hyden via FEE More than 2,000 years before America’s bailouts and entitlement programs, the ancient Romans experimented with similar schemes. The Roman government...

Can the State Reduce Poverty?

by Henry Hazlitt via Mises  From the beginning of history, sincere reformers as well as demagogues have sought to abolish or at least to alleviate poverty through...
senegal

The Solution to Poverty Is Opportunity, Not Charity

by Brittany Hunter via FEE When we fall ill, our bodies give us symptoms to signal to our brains that trouble is afoot. A fever, for example,...

Washing machine tariffs started Trump’s trade war. Result?

...Largest-ever 3-month increase in washing machine prices! If you’re unfortunate enough to be shopping for a new washing machine, you can thank the Trump tariffs...

How Socialists Make Economics the “Dismal Science” in Spite of Rising Prosperity

by Kevin Villani via FEE Eighteenth-century economist Thomas Carlyle called economics a dismal science not just in reaction to economist Tomas Malthus’ view that economic...
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