The Goal of Socialists Is Socialism — Not Prosperity
Some claim that if socialists understood economics they wouldn't be socialists. This is doubtful since the larger motivation is often political control.
Some claim that if socialists understood economics they wouldn't be socialists. This is doubtful since the larger motivation is often political control.
The Universal Basic Income (UBI) is a bad idea that just won't die. Time to throw it on the ash heap of bad policies.
Norway sits on large oil deposits, yet has managed to avoid the “resource curse” that has bedeviled so many nations that have abundant natural resources, but severely mismanage their economies.
Norway sits on large oil deposits, yet has managed to avoid the “resource curse” that has bedeviled so many nations that have abundant natural resources, but severely mismanage their economies.
The prominent international commentator Saifedean Ammous
Keynesians claim that recessions occur because of a lack of consumer demand. However, demand comes from what we produce, so a growing economy needs more production.
Forget equity and fairness and reducing so-called wealth gaps. The current “tax-the-rich” movement is driven by an unspoken pathology: envy.
While China’s economy has boomed, many people wrongly associate that success with the Chinese government’s industrial policies. Intervention has created many problems there—just as it has done elsewhere.
Among the key men involved in the American Revolution and the following periods, we find an oft-repeated concern that may seem foreign to us today—the threat of standing armies. This reality became concrete in the Newburgh conspiracy in 1783.
Among the key men involved in the American Revolution and the following periods, we find an oft-repeated concern that may seem foreign to us today—the threat of standing armies. This reality became concrete in the Newburgh conspiracy in 1783.