It seems as if hardly a week goes by that we don’t hear about some celebrity or industrialist saying that he doesn’t intend to leave his fortune to his children. There is a widespread belief in the Anglophone world that inheriting money will make children lazy and...
Economics
What Is Easy and What Is Not Easy
by Sheldon Richman | May 15, 2024 | Blog, Economics, Justice, Libertarianism
It is easy to oppose Israel's massacre in the Gaza Strip. Just watch a few horrifying videos. What is not easy is understanding the price system, its prerequisites -- private property and free exchange -- and its benefits for mankind, including civil peace.
Conserving the New Deal?
by Norman Singleton | May 8, 2024 | Economics, Featured Articles
Jeffery Tyler Syck, assistant professor of political science at the University of Pikeville, is the latest conservative to urge the right to abandon—or at least modify—its commitment to free markets and constitutionally-limited government. In an article for The...
Embracing Deflation
by Joseph Solis-Mullen | Apr 16, 2024 | Economics, Featured Articles
In recent years, the specter of inflation has loomed large over the global economy, fueled by unprecedented monetary stimulus measures and supply chain disruptions. As prices have surged, concerns about the erosion of purchasing power and the threat of runaway...
Gold Is Doing Its Job
by MN Gordon | Apr 15, 2024 | Economics, Featured Articles
On Monday, the U.S. Commerce Department announced it was awarding Taiwan Semiconductor Manufacturing Company (TSMC) a $6.6 billion CHIPS Act subsidy for the fabrication of computer microchips in Phoenix, Arizona. TSMC will also receive up to $5 billion in low-cost...
TGIF: Why Isn’t Antifa Marching for Apple?
by Sheldon Richman | Apr 12, 2024 | Criminal Justice, Economics, Justice, Politics, Sheldon Richman, TGIF
I was all ready to don a black mask for the Antifa demonstration when I realized that the self-styled antifascists hadn't planned a demonstration. What are they waiting for? After all, the national government has just started a new fascistic crusade. You'd expect the...
Embracing Hayek’s Wisdom: The Paramountcy of Choice in Currency
by Joseph Solis-Mullen | Apr 9, 2024 | Economics, Featured Articles
In an era marked by economic uncertainty and inflation, the insights of Friedrich Hayek, the renowned Austrian economist, resonate more strongly than ever. Hayek's essay, "Choice in Currency: A Way to Stop Inflation," offers a compelling argument for the...
No, World War II Didn’t Cut Short the Depression
by Stark Realities with Brian McGlinchey | Apr 8, 2024 | Economics, Featured Articles
A principal goal of Stark Realities is to “expose fundamental myths across the political spectrum”—and few myths are as universally embraced as the notion that US participation in World War II (1941-1945) lifted the American economy out of the Great Depression. This...