Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Pot Will Pump $44 Billion A Year Into Economy By 2020
by Jonah Bennett. A profitable growth industry. Marijuana in the U.S. will become a $44 billion a year industry by 2020, according to a Monday report by Marijuana Business Daily. Currently, the cannabis industry in the U.S. is projected to be anywhere between $14-$17 billion in 2016. If existing economic and legal trends continue at the current rates, ... MORE
Gov’t Regulations Weigh On Gloomy Small-Business Owners
an Investor's Business Daily editorial. Red Tape: Two new surveys of small-business owners show they’re “treading water,” and the government isn’t throwing them any lifelines. Instead, it’s weighing them down with more and more costly and burdensome regulations. Optimism about economic conditions last month hit a two-year low ... MORECongress Pisses Down Our Backs And Tells Us It's Raining
by Daniel J. Mitchell. Another budget deal good for Washington and bad for America. Advocates of smaller government are justifiably upset by the pork-filled spending bill enacted in December. With goodies for countless special interests, it was more "ominous" than "omnibus." But that wasn't the biggest fiscal hit Congress inflicted on America in ... MORERobert Evans: A Cautionary Tale Of Socialism
My wealthy country became a dystopia overnight. We like apocalypse fantasies because a part of us thinks it would be kind of fun. No bills to pay, no job to drag yourself to -- life goes back to basics. You don't watch The Hunger Games and really think about what it would be like to have a toothache or yeast infection you can't treat. And you ... MOREOregon Legislature Repeals Laws Of Supply & Demand
It is not likely to work out well. Like the apocryphal story
of the state legislature that passed a law dictating that pi equals 3,
the Oregon state legislature has passed two laws that pretend the laws
of supply & demand don’t exist. The difference is that, in reality,
no state legislature ever did pass a law saying that pi equals 3, but
Oregon’s ... MOREWalter E Williams: The Seen And The Unseen
Why Congress should get out of the miracle business. Claude Frederic Bastiat (1801-50) — a French classical liberal theorist, political economist and member of the French National Assembly — wrote an influential essay titled "That Which Is Seen and That Which Is Not Seen." Bastiat argued that when making laws or economic decisions, ... MOREHow The Media Is Lying To You About Economic Recovery
from the Daily Bell. "The missing piece from the economic recovery has finally materialized. Median household income, adjusted for inflation, is now higher than it was before the recession that began at the end of 2007, according to new data published by Sentier Research." –Yahoo So incomes are rising again. Presumably, this is supposed to mean ... MOREBrian Phillips: The Founding Fathers And Democracy
Democracy means unlimited majority rule. The majority may do as it pleases simply because it is the majority. Under democracy the individual is subservient to the majority, that is, the collective. Democracy is a form of collectivism. Collectivism holds that individuals exist only as a member of a group—whether a race, an economic class, or the ... MOREAmerican Slips To 11th Place In Economic Freedom
Government is slowly squandering our heritage. A “solid C,” they call it in school. Not flunking, certainly, but also not excelling. That grade characterizes the score of 75.4 that the United States earned on the Heritage Foundations’s 2016 “Index of Economic Freedom,” which grades countries on such factors as property rights, government ... MOREWalter 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. ... MORE
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