Thomas Sowell is an American political commentator and economist who's authored books such as Discrimination and Disparities, Basic Economics, Economic Facts and Fallacies, and my personal favorite, Black Rednecks and White Liberals. His books span a range of topics,...
Economics
TGIF: Who Rules? That Is Not the Question
by Sheldon Richman | Sep 8, 2023 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
Today's two major contenders for political power seem to be elitists and populists. Funnily enough, both types are present in each of the big tribes known as progressive/liberal and conservatism, left and right, or Democratic and Republican. (Here's the lowdown on...
Strange But True: ‘Price Gouging’ Benefits People In Disaster Areas
by Stark Realities with Brian McGlinchey | Sep 5, 2023 | Economics, Featured Articles
As millions of Americans struggle to recover from the latest hurricane, state government officials are issuing stern reminders that criminal penalties loom for anyone who engages in “price gouging.” “Price gouging” is the pejorative label applied to the charging of...
America’s Debt Remains Our Biggest Threat
by Ron Paul | Aug 23, 2023 | Economics, Featured Articles
Congress’ top priority this fall will be passing legislation funding the government and avoiding a “shutdown.” As of this writing, it appears unlikely that the Republican-controlled House will be able to make a deal with President Biden and the Senate Democrats on a...
TGIF: On “Giving Back”
by Sheldon Richman | Aug 18, 2023 | Economics, Featured Articles, Sheldon Richman, TGIF
P&G, the maker of popular household brands like Tide and Downy laundry products, is giving away $10,000 in college scholarships. That's $1.5 million and 150 scholarships in all. My problem, aside from its encouraging college attendance, is with how the company is...
TGIF: Why Liberty Matters
by Sheldon Richman | Aug 11, 2023 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
Why does liberty matter? It’s a fair question because, after all, not everyone thinks it matters very much, perhaps beyond some very basic point. If that’s an overstatement, we can safely say that for many people on the left and right, liberty is a lower priority than...
Exchanging the Rust Belt for Military Bases: Foreign Policy and Deindustrialization
by Joseph Solis-Mullen | Aug 9, 2023 | Economics, Featured Articles, Foreign Policy
While the benefits of trade liberalization in the postwar period have been abundant, readers may be surprised to learn how secondary (or even nonexistent) consideration of such possible benefits were to U.S. policymakers. Rather, trade liberalization following World...
Did Unions Kill America’s Oldest Trucking Business?
by Connor O'Keeffe | Aug 7, 2023 | Economics, Featured Articles
On July 30, Yellow, one of the oldest and largest trucking businesses in the United States, ceased operations and moved to declare bankruptcy. According to reports, the final nail in the coffin of the ninety-nine-year-old business was a labor dispute with the...