When the social aspects of Joe Biden’s “Build Back Better” agenda died in Congress, it seemed that Democrats’ dreams of rolling out childcare subsidies had also perished. Yet now the media reports that Democratic lawmakers are using other legislation to achieve the...
A constant trend is progressivism is to use the state to coercively control others under the guise of "helping" them, make things worse, then ignore the problems you caused and never apologize. Sallie Mae loans didn't make college affordable. The Federal Reserve...
Consider filet mignon and chuck steak. Assume-realistically-that consumers prefer the former. Then the question becomes: why is it, despite consumer preferences, that chuck steak sells at all? The fact is that chuck steak outsells filet mignon. How does something less...
Progressives will admit higher prices hurt those with the lowest incomes, but when it comes to raising the price of labor they ignore that very economic reality: Charging more for X discourages X from being consumed. When you raise the price of employing someone:...
Will wage transparency reduce or eliminate the pay gap between men and women? Yes and no. Let’s take the no side first. Wage transparency will not reduce or eliminate this pay gap because it emanates from real differences in productivity (actually discounted marginal...
https://youtu.be/IHenu8z3H9A The socialist society would have to forbid capitalist acts between consenting adults. – Robert Nozick, Ph.D., Anarchy, State, and Utopia (1974 [2013] Basic Books), p. 163. Watch full debate here: Democratic Socialism v. Free...
https://youtu.be/AQ2zjwh8ehs Any statute or administrative regulation necessarily makes actions illegal that are not overt initiations of crimes or torts according to libertarian theory. Every statute or administrative rule is therefore illegitimate and itself...
https://youtu.be/Rv4r7EW5hxc Government is the very negation of charity, for charity is uniquely an unbought gift , a freely fl owing uncoerced act by the giver. Murray N. Rothbard Man, Economy, and State with Power and Market, p. 1228 Isabella Riley on Twitter:...
One argument against the idea of technological unemployment, offered by many people who today sincerely style themselves as leading defenders of the free market, goes that automation will create more jobs than it destroys but due to the nature of the market, the...
You don't have to actually think that legislating and raising the minimum wage will help low-skilled workers earn more money. That's not the point. The point is to display your correct political religion. Today favoring stepping the minimum wage up to $15 an hour is...
Among the hotly contested list of Joe Biden’s promises is an increase of the federal minimum wage to $15 an hour. There are plenty of sound reasons to oppose government minimum wage laws, but there is one objection making the rounds that is based on bad economics and...
https://youtu.be/I5CJv00aojU Minimum wage laws tragically generate unemployment, especially so among the poorest and least skilled or educated workers... a minimum wage, of course, does not guarantee any worker’s employment; it only prohibits, by force of law, anyone...
https://youtu.be/--o_9bgIbMU Free-market capitalism, the victory of social power and the economic means, is not only the only moral and by far the most productive system; it has become the only viable system for mankind in the industrial era. Its eventual triumph is...
https://youtu.be/fb9hc79vjg4 The Great Keith Knight joins me once again as I share how I recently made a scene at Papa Johns. We demolish the theory that masks are effective at preventing the spread of COVID-19, and use economic parallels to illustrate how COVID-19...
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