free markets

At a time when the appeal of and demands for a new “democratic” socialism seem to have caught the imagination of many among the young.

The famous New York Yankees baseball player and manager Yogi Berra is credited with the saying “It’s déjà vu all over again.”

Bad economics can bring about or grow out of bad politics. But the question is, what are bad economics and bad politics?

The City Club of Chicago hosted Adam Andrzejewski on May 3, 2018 to a sold-out room of 300 people.

For more than two hundred years, practically all of even the most free market advocates have assumed that money and banking were different from other types of goods and markets.

Listening to the rhetoric coming from the Trump Administration, it would be easy to assume that America’s balance of trade deficit is causing market misery and economic harm to the people of the United States. Nothing could be further from the truth.

The prevailing political discourse seems to be consumed with the bromides of social justice, carefully tended by political and intellectual classes claiming special knowledge of its demands.

Those of us who have been fortunate enough to have been born in what is often still referred to as the Western Worldrarely appreciate the historical uniqueness of our material and related cultural well being.

Scotland would seem a strange place for the emergence of center of intellectual development that would influence the stream of ideas throughout the world. Scotland had been unified with England near the beginning of the eighteenth century. It was considered a “backwater” of European civilization.

This year, when we sit around our dining table with our family and friends, let us also remember that what we are really celebrating is the birth of free men and free enterprise in that New World of America.

The Northwestern University College Republicans and the Young America’s Foundation co-sponsored an event featuring author John Stossel on Tuesday, May 24, at 8:00 p.m. at the Leverone Auditorium in Evanston, IL. The topic of Stossel’s speech, “Freedom and Its Enemies.” In keeping with Stossel’s professed political affiliation, a sizable number of Libertarian college students were in attendance at the free event.

President Barack Obama delivered his final State of the Union address on January 12, 2016, and devoted most of the time to defending his “legacy” of bigger and more intrusive government, with an emphasis on the other aspects of personal and social life he wished could come under the blanket of more political paternalism, if only there was enough time before he leaves office on January 20, 2017.

The European Central Bank has announced its intention to create out of thin air over one trillion new Euros from March 2015 to September 2016. The rationale, the monetary central planners say, is to prevent price deflation and “stimulate” the European economy into prosperity.

The only problem with their plan is that their concern about “deflation” is a misguided fear, and printing money can never serve as a long-term solution to bring about sustainable economic growth and prosperity