One of the best arguments in support of free market capitalism is how much capitalism has reduced extreme poverty. Between 1820 and 2015, extreme poverty plummeted from 90% to 10% globally in that span. This statistic is one of the greatest accomplishments of mankind...
Along the Danube River in South-Central Europe rests a unique parcel of land. This roughly 2.7 square mile piece of land is sandwiched between Croatia and Serbia. Before the breakup of Yugoslavia, the autonomous regions within the federal republic established their...
Perhaps you've noticed that we live in intolerant times. Many people claim to be endangered by the mere spoken or written expression of views on a range of issues. This has led to direct action to disrupt speakers on college campuses and elsewhere and to indirect...
The Federal Trade Commission (FTC) recently filed its long-anticipated lawsuit against Amazon. The FTC alleges that Amazon is using their market power to bully smaller vendors that use its platform by requiring them to pay exorbitant fees to use Amazon’s shipping...
A 12-year-old Colorado boy became a victim of “woke” education when he was taken out of class and told he could not return unless he removed a Gadsden flag, or “Don’t Tread on Me,” patch from his backpack. The school backed down after a video went viral in which a...
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...
For anyone who has been forced to justify their beliefs when it comes to individual liberty, we are often placed onto the back foot in the defense of the imaginary. The what if? emerges as an ideological assault that somehow is expected to prove the supremacy of the...
Economists rely on Vector Autoregression (VAR) models to forecast macroeconomic time series that may infer the effects of structural shocks and estimate unobservable cyclical components of macroeconomic aggregates. A VAR model is made up of a system of equations that...
