The standard theory of monopoly within the mainstream of the economics profession is that monopolies increase prices and reduce production levels compared to competitive industries. So I gathered historical economic data on prices and production for seventeen of the...
When he was arrested in February of this year, Gilbert Gil, 67, had committed no crime and had harmed no one. Sadly, however, his innocence offered no protection from the pernicious abuse of the California police state. The nightmare for the Gil family began when a...
Think that the U.S. is the wokiest nation on the planet? Think again. Canada is coming up fast, and with its latest initiative, appears to be on the inside track. What has the Great White (pardon me for using this word) North done to warrant this characterization?...
The University of Michigan consumer confidence index fell to 82.8 in May, from 88.3 in April. More importantly, the current conditions index slumped to 90.8, from 97.2 and the expectations index declined to 77.6, from 82.7. Hard data also questions the strength of the...
https://youtu.be/3KOu67NqLKo ... science itself must not make value judgments, but confine itself to judgments of fact, since ultimate ends can be only sheer personal preference not subject to rational argument. Murray N. Rothbard Economic Controversies, p. 20...
That's what I would do if some scumbag ripped me off like this. And that's if I'm in a good mood. Smashing a window or slashing a couple tires is pretty easy too. And I hear the cops have decided to stop enforcing laws against such acts in a few major cities already....
Washington is once again massively screwing up the American sugar market. Because American farmers cannot compete with foreign sugar growers, the federal government has maintained an array of sugar import quotas and/or tariffs for most of the last 200 years. The...
Many of us in the Northern Hemisphere, Earth are enjoying autumn. For me, every year at this time the weather is comfortable, waves are up for surfing, beaches are empty, and for those of us more northern, the leaves of deciduous plants are changing colors, providing...
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