Sweden’s trademark universal healthcare on its deathbed. When leftists fantasize about Northern Europe, the first thing they
think of is the region’s enormous public spending and its overly
generous welfare state. However, as with all dreams, the time is coming
to wake up. Along with several other social services, Sweden’s iconic
“free” ... MORE
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Walter E Williams: Gullible Americans
The willingness to buy a pig in a poke. Jonathan Swift, satirist, essayist and political pamphleteer, is a favorite of mine. He wrote "Gulliver's Travels." One of Gulliver's voyages was to Laputa, where he visited the grand academy of Lagado, whose scientists have visions not unlike today's politicians who exploit mankind's gullibility. Before ... MORE
Hey Seattle, How's That $15 Min Wage Working Out For Ya?
by Rick Moran. The American Enterprise Institute blog reveals the not very surprising news that 10 months into Seattle's radical experiment of boosting the minimum wage to $15 an hour over a period of years, the city has suffered the worst job losses since the Great Recession. Now that the first Seattle minimum wage increase has been in effect for more ... MORE
There's No Way In Which The War On Drugs Isn't A Failure
by Hamilton Nolan. It has been clear for many years that America’s “War on Drugs” is a failure from a moral perspective. For you hard-headed realists, it is worth remembering that it is a failure from an economic perspective, as well. The very simple version of this fact, which you may have already intuited, is: We have spent more than a trillion ... MORE
Labels:
drug war,
economics,
failure,
government,
health,
incarceration,
policy,
politics,
prohibition
Victor Davis Hansen: The Medicine Has Stopped Working
In search of fixes for a fossilized economy. The U.S. economy grew at an anemic rate of less than 1 percent in the last quarter of 2015. While the unemployment rate has dipped below 5 percent, the all-important labor force participation rate is at a historic low of just 62.7 percent. More than 90 million able-bodied adults are either not ... MORE
Labels:
debt,
deficit,
economics,
interest rates,
labor,
politics,
regulation,
stimulus,
tax,
unemployment
The Keynesians Are Failing, Bring Back the Free Market
by Ed Moy. In early 1938 John Maynard Keynes, whose influential The General Theory of Employment, Interest and Money, was published 80 years ago this month, penned a lengthy personal letter to President Franklin D. Roosevelt. In it the British economist shared his recommendations for the U.S. economy, which had slipped into ... MORE
Labels:
capitalism,
central planning,
economics,
free enterprise,
free market,
jobs,
prosperity,
wealth
Bad News: Millennials Prefer Socialism Over Capitalism
by Katie Pavlich. America's largest generation. When socialist Bernie Sanders beat Democrat Hillary Clinton in a
landslide Tuesday in New Hampshire, he crushed her among young voters by
a whopping 83 percent. Sander's message of "income inequality" (Hillary has one too, but her Wall Street ties and personal wealth make it transparent) ... MORE
Labels:
capitalism,
economics,
indoctrination,
liberalism,
Millennials,
politics,
progressives,
socialism
Baylen Linnekin: Is Mexico's Soda Tax Really Working?
Less consumption, same obesity. Mexico has become the most obese country in the world. In a purported effort to combat the problem, the country implemented a one-peso-per-liter excise tax on sugar-sweetened beverages in January 2014. That tax, supporters claim, is working. A 2015 working paper by University of Chicago Prof. ... MORE
Robert Gore: How To Defeat Your Government
This outcome does not require a plan. In a recent article, “How to Defeat Your Enemies,”
SLL maintained that governments and their people were natural enemies,
and that the most powerful adversarial tactic is “getting one’s enemies
to fool themselves.” The article detailed the effective use of this
tactic by Osama bin Laden and al Qaeda. ... MORE
John Tamny: Why All Americans Should Support TPP
Rich countries open their borders to trade. Quick question: could you manufacture all by yourself the computer on which you’re reading this opinion piece? Could you source and create the thousands of inputs that go into what on its face is fairly simple? If so, you’re in possession of superhuman mechanical skills. At the same time, ... MORE
Labels:
capitalism,
economics,
exports,
free trade,
imports,
policy,
prosperity,
standard of living,
wealth
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