How Back-to-School Shopping Is like American Politics
As 2016's campaign unpleasantness has accelerated, many Americans were going through another often-unpleasant experience: back-to-school shopping.
As 2016's campaign unpleasantness has accelerated, many Americans were going through another often-unpleasant experience: back-to-school shopping.
Calling an arbitrary government-imposed penalty on carbon a "market cost" is a disingenuous as not calling such a plan a "tax."
It is a time of fiscal hedonism, engineered and encouraged by governments and their central banks, and sold to us as banal public policy and tinkering.
American Amnesia is a work of propaganda, not of scholarly inquiry. It is simply an un-serious rehashing of old arguments in favor of interventionism.
It is true that perks from pharma companies influence doctors. But pharma dollars are nothing compared to the subsidies doled out by governments.
Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.
With the American state broke and deeply in debt, it is just a matter of time until nuclear proliferation spreads to Japan, Germany, and South Korea.
My hope is that my new book, The Problem with Socialism, will be viewed as a companion to Henry Hazlitt's classic Economics in One Lesson.
National income statistics are becoming meaningless, not because of globalization, tax avoidance, or technology, but by their exultation by economists.