economics
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Dr. Walter Williams was uncompromising in his conviction that maximum individual liberty not only was the best means of producing prosperity but was also essential to justice, peace, and even virtue.
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EconomicsEducationGovernmentPolitics
Socialism and Economic Education
by Daniel Sutter September 30, 2020Opinion polls consistently find that young Americans view socialism favorably. For example, in a recent Gallup poll, 49 percent of millennials and Gen Z’ers held a favorable view of socialism…
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Our world is more prosperous than ever, or at least was before the economic disruption from COVID-19.
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Paul Krugman may hide behind rude and crude ad hominem attacks on those who do not share his views, but that does not prove his case. It only serves to harm his own reputation and legitimacy in the arena of public policy debate.
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In spite of the declared “independence” of the Federal Reserve from the political control of either Congress or the White House, America’s central bank is a branch of the U.S. government that is responsible for setting monetary policy.
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Following COVID-19, it’s time we rethink our medical care system.
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Retailers are asking customers to use credit or debit cards, and some are refusing to make change in coins. They say it’s because of the novel coronavirus. The virus may be playing a part; but, there’s more to the coin shortage.
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EconomicsFeatured
Fifty Years of Statist Policies and Economic Fallacies
by Richard Ebeling June 24, 2020Despite the constant failures of Keynesian economics and statist policies, people still haven’t realized that free-market economics is the way forward.
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FeaturedGovernment
Thomas Sowell at 90: Understanding Race Relations Around the World
by Richard Ebeling June 17, 2020The issue of race relations in America has reached a new high pitch with the killing of George Floyd by a Minneapolis policeman, followed by mass peaceful demonstrations and instances of violence, looting, and arson in cities around the country.
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Adam Smith was born on this day in 1723.
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Trumpnomics is it’s own unique mix of economics values. Darren Brady Nelson breaks down how this has worked for the United States.
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Whether school closings and stay-at-home orders slow an outbreak is an important and really challenging research question. This question must be answered before we compare economic costs and health benefits.
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Budgets/TaxesGovernment
California’s Forecasted Budget Deficit Decades in the Making
by Ronald Stein May 14, 2020For decades, the state that has been dominated by one-party that has been laying the foundation for a budget catastrophe.