History shows that putting the federal government in charge of protecting privacy is like a blood bank hiring Dracula as a nightwatchman. But that’s what the Biden administration wants to do with the Internet. The Federal Trade Commission (FTC) is currently in the...
Five important criticisms are made of Ludwig von Mises in the recent Jacobin article titled, Ludwig von Mises Was a Free Market Ideologue, Not a Hardheaded Thinker. Mises was an ideologue Mises supported workers "bowing" to capitalist masters Lack of support for...
The Federal Reserve has a legal dual mandate to minimize unemployment and price inflation. The current “dual” between the two mandates is to reduce price inflation by increasing interest rates to increase unemployment and kill businesses to choke off aggregate demand....
It was out of a revulsion for tyranny and a hunger for liberty that Americans were inspired to revolution. We don’t like being told what to do. We went to war to secure the rights to life, liberty, and the pursuit of happiness.In our founding document, liberty was...
My 13-year-old homeschooled sons just finished my labor economics class. I hope they take many more economics classes, but I’ll be perfectly satisfied with their grasp of economics as long as they internalize what they learned this semester. Why? Because...
https://youtu.be/hHLQ3qRPIxg "In particular, it is forbidden for men aged 18–60, Ukraine citizens, to leave the borders of Ukraine," a statement from the service said, according to CNN. "This regulation will remain in effect for the period of the legal regime of...
The following is a summary of Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Plant by Marian L. Tupy and Gale Pooley, reprinted with permission. In the first part of this book, the human propensity toward...
The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week we got confirmation that according to the traditional definition of a recession—two quarters of negative growth—we are already in...
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