No economy is made better off by destroying existing resources. But that's what "cash for clunkers" tried to do, while only driving up the price of transportation for middle and lower-middle class families.
It is challenging to see how governments can escape from their debt traps when interest rates rise above the levels currently forecasted.
The "Green New Deal" is aptly named, in the sense that the original New Deal was a massive boondoggle that restricted liberty and crippled the economy.
Mises Institute president Jeff Deist will speak to several student and business groups in Mexico City.
In his book A Generation of Sociopaths, Bruce Gibney blames Baby Boomers for pretty much everything that's gone wrong in America. But there are other factors, such as democracy, that are perhaps more to blame.
This trade deal is not only vague, conditional and temporary — it will fail to stop the global economic slowdown.
Jeff Deist and Danielle DiMartino Booth discuss Fed Chairman Jay Powell's performance to date and whether Austrians and permabears overestimate the Fed's influence on the economy.
If allowed to function freely, capitalism is hard-wired to distribute resources to as many people as possible at affordable prices. You don't have to be rich to participate in the bounty.
Bob tackles Tucker Carlson's claim that Jeff Bezos is unloading his labor costs onto taxpayers.
