Break out your mom's bell-bottoms and dad's leisure suit from your parents' attic. It's 1979 again (at least economically) Don't listen to the perpetual doomsayers who claim this is the beginning of the big crash. It's not. Yes, the American economy is a huge mess,...
Economics
TGIF: Heartless Immigration Restrictions Need Replacing
by Sheldon Richman | Jun 3, 2022 | Economics, Featured Articles, Justice, Politics, Sheldon Richman, TGIF
Some elements of the right-wing are spreading the fear that Democrats are engineering a take-over of America by replacing white voters with nonwhites through liberal immigration policies. It's come to be known as "the great replacement," and in its ugliest form, it is...
Exposed: The Lies of Biden’s Tax Policy
by Jim Lewis | Jun 2, 2022 | Economics, Featured Articles
As President Joe Biden’s tax policy discussions start heating up, some familiar lies have made their way back into the political parlance. There are four specific lies upon which I’ll focus here: The rich need to pay their “fair share” The Trump tax cuts only went to...
TGIF: Glenn Loury’s Collectivist Immigration Policy
by Sheldon Richman | May 27, 2022 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
Glenn Loury, the economist at Brown University, often has interesting things to say. His YouTube Glenn Show episodes with linguist and social commentator John McWhorter feature valuable insights and eye-opening data about race, woke "anti-racism," and related matters....
TGIF: True Liberals Are Not Conservatives
by Sheldon Richman | May 20, 2022 | Economics, Featured Articles, Libertarianism, Politics, Sheldon Richman, TGIF
The relevance of F. A. Hayek's essay "Why I Am Not a Conservative," the postscript to his important 1960 book, The Constitution of Liberty, is demonstrated at once by the opening quote from Lord Acton: At all times sincere friends of freedom have been rare, and its...
Trade Restrictions Are Depriving Our Infants of Formula
by Ryan McMaken | May 16, 2022 | Economics, Featured Articles
For parents who rely on baby formula—whether by choice or due to medical necessity—the nationwide baby formula shortage has become increasingly difficult to ignore. According to the Wall Street Journal, Walgreens, Target, CVS, and Kroger have all begun rationing...
Joe Biden Blames Everyone for Inflation (Except Himself)
by Ryan McMaken | May 11, 2022 | Economics, Featured Articles, Politics
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room,...
Europe Is Trapping Itself Through Monetary Manipulation
by Tom Luongo | May 9, 2022 | Economics, Featured Articles, Foreign Policy
There’s a lot of news flying around about the changes happening in global currency trading. From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot of questions and very few answers as to what it all means and whose on which side of the...