Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Walter E Williams: What Is The Fair Share Of Taxes?
Politicians exploiting the ignorant. Presidential hopefuls Hillary Clinton and Sen. Bernie Sanders, along with President Obama, say they want high-income earners, otherwise known as the rich, to pay their fair share of income taxes. None of these people, as well as the uninformed in the media and our campus intellectual elites, will say precisely ... MOREDozens Of Studies Libertarians Should Know About
The proof for economic freedom. Over the years I have been running ‘Being Classically Liberal,’ I have done a bit of research and come across a number of empirical research papers which I find very interesting and relevant to many current socioeconomic debates. I figured I’d share them here, so that other people can use them as resources. ... MOREChris Johncox: Sweden Is Upgrading to Private Healthcare
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” ... MOREWalter 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 ... MOREHey 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 ... MOREThere'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
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 ... MOREThe 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
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