Unschackle our regulated economy. Here’s a neat little phrase that can be very handy when talking about economics: “freed market.” No, not “free market.” Freed market. Here’s why. As we’ve discussed in the past, “capitalism” is often not a very
useful word for libertarians to use to describe the economic system we
advocate. Sheldon ... MORE
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Sharon Harris: Free Market or… Freed Market?
Unschackle our regulated economy. Here’s a neat little phrase that can be very handy when talking about economics: “freed market.” No, not “free market.” Freed market. Here’s why. As we’ve discussed in the past, “capitalism” is often not a very
useful word for libertarians to use to describe the economic system we
advocate. Sheldon ... MORESalim Furth: Government Regulators Have Added At Least An Extra $3,800 To The Price Of Producing A New Car
The high cost of savings-government style. When Congress and the Obama administration passed and implemented
extremely strict fuel economy regulations, the Environmental Protection
Agency (EPA) claimed that it would save consumers a few thousand dollars on gas and add only $948 to the price of a new car. Three teams of independent ... MORE23% Of Americans In Their Working Prime Are Unemployed
by Michael Snyder. Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are considered to be “not in the labor force” (94.3 million), that gives us a grand total of 102.5 million working age Americans that do not have a job right ... MOREChina Trade Isn't Killing America's Working Class
by Shikha Dalmia. Politicians & misconceptions. American politics aren't exactly immune to bouts of protectionism. A Bloomberg poll has found that two-thirds of Americans, Republicans and Democrats, are four-square behind it—a sentiment that Bernie Sanders is exploiting on the left and Donald Trump on the right. But although free trade has ... MOREThe Candidates' Public Disservice On Trade
by A. Barton Hinkle. Almost three-fifths of Americans recognize
that international trade offers the country an opportunity to expand
the economy; only 34 percent see it as a threat. Unfortunately, the
leading presidential contenders are doing their best to change that. Bernie Sanders, Hillary Clinton and Donald Trump have been spouting a ... MOREWalter E Williams: Trade Deficit Angst
Donald Trump's primary bluster. Let's look at the political angst over trade deficits. A trade deficit is when people in one country buy more from another country than the other country's people buy from them. There cannot be a trade deficit in a true economic sense. Let's examine this. I buy more from my grocer than he buys from me. That ... MOREJaana Woiceshyn: Making Moral Business Choices
On rational self-interest. Having recently concluded teaching an MBA business ethics course, I received unusual feedback from a student. He liked the course but told me that all of it should have been spent on covering the moral code of egoism—rational self-interest—because that is the code he liked the best and considered the most applicable ... MORE
Bob Russell: Free Market Should Determine Wages
Give low-skill workers a chance. I think the Minimum Wage Law is one of the worst things that government has ever done. It’s often said that people can’t live on $7.25 per hour as a reason for increasing the minimum wage. Of course, we all wish that everyone could make more, but it is not up to us or even the government to say what people ... MOREEd Butowsky: Calculating The True Cost Of Living
It's much higher than we're told/sold. Over the past decade, we've been told that inflation has been tame -- actually below the target the Federal Reserve would like to see. But if that's true, then why does the average household find it harder and harder to get by? The ugly reality is that the true annual cost of living is far outpacing the ... MORECalifornia’s Carl’s Jr. Says So Long, Golden State
They know when they are not wanted. States: To hear Hillary Clinton and Bernie Sanders, you’d think that taxes can go up to 60% or even 80%, and businesses and investors will just … pay up. But the growing number of businesses stampeding out of high tax areas suggest that they’re very wrong. We got more evidence of that this week when CKE ... MOREA Powerful Defense Of Market Capitalism
by James Pethokoukis. Economist Deirdre McCloskey recently spoke in London, and this brief summary nicely captures her talk and her work on the power of economic freedom. Next year will see the arrival of her latest book, “Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World,” the completion of a trilogy on the wonder-working ... MORE
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