Lost in the media’s obsession with the impeachment circus was Federal Reserve Chairman Jerome Powell’s recent testimony on the state of the economy before the Joint Economic Committee. In his testimony, Chairman Powell warned that when the next recession inevitably...
Economics
The Berlin Wall: Its Rise, Fall, and Legacy
by Doug Bandow | Nov 22, 2019 | Economics, Featured Articles
Democratic Party candidates for president advocate socialism. Young adults view collectivism as a serious alternative to capitalism. Most anyone under 40 has little memory of the Berlin Wall, probably the most dramatic symbol of the most murderous human tyranny to...
Microsoft Saw What a Four-Day Workweek Can Do
by Chloe Anagnos | Nov 21, 2019 | Economics, Featured Articles, Libertarianism
One of the most groundbreaking characteristics of a developed economy is the freedom entrepreneurs and firms have to develop their companies as they see fit. It was precisely this freedom that allowed Henry Ford to experiment with the 40-hour workweek in an age when...
Federal Reserve: Enemy of Liberty and Prosperity
by Ron Paul | Nov 20, 2019 | Economics, Featured Articles, Libertarianism
Lost in the media’s obsession with the impeachment circus last week was Federal Reserve Chairman Jerome Powell’s testimony on the state of the economy before the Joint Economic Committee. In his testimony, Chairman Powell warned that when the next recession inevitably...
Globalist-Endorsed War on Cash May Be China’s Next Terrifying Weapon
by Tho Bishop | Nov 18, 2019 | Economics, Featured Articles, Foreign Policy, Libertarianism, Politics
Recent protests in Hong Kong, along with the resulting fall out from international corporations questioned for their relationships with mainland China, has placed a renewed focus on the authoritarianism of the Chinese Communist Party. This has led to several articles...
Warning: Actual Costs of Government Programs Higher Than Advertised
by Bradley Thomas | Nov 18, 2019 | Economics, Featured Articles, Libertarianism, Politics
As outrageous as the price tag promised to us for initiatives like Elizabeth Warren’s healthcare plan, Bernie’s ‘Medicare for All’ plan, or AOC’s ‘Green New Deal,’ history tells us the actual cost to taxpayers would be far higher. In its first year, Medicare cost $3...
The ‘Landlord’ is MY Employee
by Peter R. Quiñones | Nov 18, 2019 | Economics, Featured Articles, Libertarianism, Peter Quinones, Politics
Imagine having an employee whose job was to make sure you are safe from the elements and if anything stopped working in your dwelling, they had to fix it on what YOU paid them. What if you had a contract that stated if they didn’t provide these services in a set...
Yes, Taxation Is Theft
by David Gordon | Nov 15, 2019 | Economics, Featured Articles, Justice, Libertarianism
Libertarians think that taxation is theft. The government takes away part of your income and property by force. Your payments aren’t voluntary. If you think they are, try to withhold payment and see what happens. An influential book by Liam Murphy and Thomas...