The welfare state threatens to fiscally weaken and morally undermine the United States. In the Federal government’s fiscal year that ended on September 30, 2015, Social Security, Medicare and Medicaid expenditures, alone, made up over 48 percent of all ...
Free, competitive markets have been the engine for both freedom and prosperity. In addition, free market capitalism is morally based on the principle of individual rights to life, liberty and honestly acquired property, in which all social relationships require ...
Uncle Sam has added nearly an additional half a trillion dollars to the national debt over the past twelve months. According to the Congressional Budget Office (CBO), the Federal government ended its fiscal year on September 30, 2015 with ...
There is no way to describe current Federal Reserve policy other than as monetary confusion and misdirection. In a nutshell, Janet Yellen and the other members of the Fed’s Board of Governors have no idea what to do. Do ...
Since the economic downturn of 2008, the critics of capitalism have redoubled their efforts to persuade the American people and many others around the world that the system of individual freedom and free enterprise has failed.
These critics have insisted ...
When is the price of some marketable good or service at or near zero? When either the supply of it is so plentiful that virtually any demand, no ...
For over a decade, now, the American economy has been on an economic rollercoaster, of an economic boom between 2003 and 2008, followed by a severe economic downturn, and with a historically slow and weak recovery starting in 2009 ...
The attempt to establish a comprehensive socialist system in many parts of the world over the last one hundred years has been one of the cruelest and most brutal episodes in human history.
Some historians have estimated that as many ...
Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics by John Tamny (Washington, D.C.: Regnery Publishing, 2015) 279 pages.
It is often pointed out that man’s improved circumstances on this Earth ...
With the seventieth anniversary this year of the end of the Second World War, a number of commentators have focused on the presumed “unity” of America seven decades ago to “win the war” against global tyranny and international aggression ...
