On Tuesday, the Fifth Circuit Court of Appeals heard oral arguments in Texas v. United States on whether a federal judge was correct in striking down Obamacare. On this episode, Michael Boldin gives an overview of what the case is about – and what needs to be done to take on the ACA – whether the courts strike it down, or not.
Mass Production Equals Mass Consumption
[R]elative shares in national income have remained substantially constant over the last hundred years. This, however, is true only if we measure them in money. Measured in real terms, relative shares have substantially changed in favor of the lower income groups. This...