Although we’ve been given a brief respite from COVID-19 pandemic news, it’s likely that the killer of over one hundred thousand so far in America will leap back to the front page and that continuous calls to flatten the curve will return to top of the mind. As a...
Economics
The Present and Future Cost of Spending
by Michael Maharrey | Jun 10, 2020 | Economics, Featured Articles
Welcome to your future. Your government is spending it right now. And your children’s and grandchildren’s future to boot. The U.S. Treasury projected that it would borrow $2.99 trillion in the second quarter fo this year. The Trump administration also plans to borrow...
How Inflation Has Been Driving Wealth Inequality In the United States
by Thomas Eddlem | Jun 8, 2020 | Economics, Featured Articles
“There is enough for all. The earth is a generous mother; she will provide in plentiful abundance food for all her children if they will but cultivate her soil in justice and in peace.”- Congressman William Bourke Cockran (D-NY) With the massive oncoming rush of...
Socialists Backstab Workers By Supporting Economic Lockdowns
by Sam Peters | May 27, 2020 | Economics, Featured Articles
Leftists support the lockdowns, conservatives oppose. With a few exceptions, pandemic policy has lined the tribes up with impressive neatness, and while many factors contribute to any ideological divide, the socialist influence on the broader left is here playing a...
About Those Shutdowns
by Sheldon Richman | May 25, 2020 | Blog, Economics
When the only tool in your toolkit is a blunt instrument, every problem looks like one that can be addressed only with a blunt instrument.
The Statist Origins of Modern Health Insurance
by Bradley Thomas | May 18, 2020 | Economics, Featured Articles
With roughly 36 million people having filed for unemployment across the country in the last two months in the wake of the coronavirus shutdown, one issue receiving more scrutiny from some quarters is the issue of employer-based health insurance. With so many laid off...
When the Government’s ‘Cure’ Aids the Disease
by Michael Maharrey | May 18, 2020 | Economics, Featured Articles
Remember all of the government bailouts and stimulus in response to the 2008 financial crisis? Conservatives threw a fit. The Tea Party movement grew out of worry about the impact of all of the stimulus, money-printing, and the taxes they knew were coming down the...
It Only Gets Worse From Here
by Jeff Deist | May 14, 2020 | Economics, Featured Articles
How bad is it? That is the question on everyone's mind as we come to grips with the economic carnage caused by global economic shutdowns, supply chain disruptions, and ongoing quarantines of million of people. Do we face another Great Depression, or simply a deep...