Greece has no future, so long as it clings to the euro. The dollar won’t servce you much better. A drachma will only harm the Greek people. That leaves one other option.
With apologies to his fans, Jerry is an evil little mouse who constantly pesters Tom the Cat. Tom tries and tries, but cannot seem to overpower someone who is a fraction of his size and strength. Watching Stephen Moore attempt to debate Paul Krugman was like that.
It’s important for citizens to understand — and face — the fact that the problems ailing Social Security are not primarily fiscal. The problems are moral.
The real question is whether the investment of wealth is likely to be done better by those who created that wealth in the first place or by politicians.
The psychology of dictatorship flows from a hatred of dissension.
If you’re presently working 40 or more hours a week, and are possibly part of the population paying taxes to the federal government, you might want to think about where those tax dollars are actually going — and what the people obtaining those tax dollars are quite often doing (or not doing) with their time.
Left free, the market will provide the greatest benefit to workers, employers and consumers, while allowing charity as well.
When markets are free, poor people can move out of their income group. Income mobility, matters more than income inequality.
Many young people in poverty today not only do not seem to know the way, but have many other people leading them off in other directions.
“Poverty” is in the eye of the statisticians — more specifically, the government statisticians who define what constitutes “poverty,” and who are unlikely to define it in ways that might jeopardize the massive welfare state that they are part of.
By saying, “I must give back,” a person is essentially acknowledging, “I stole something.”
Obamacare incentives could reduce the size of the labor force by more than two million workers by 2017
Here are a few facts about people whom the Census Bureau labels as poor.
If we want to eradicate poverty and increase economic and general well-being, we need to understand first what capitalism really means, and then embrace it.
Production is what makes all consumption, including charity, possible.
Politically, the single most important requirement of wealth creation is freedom.
The stereotypical image of an ambitious tyrant is of Adolf Hitler haranguing crowds of rapt Germans, or of machismo-obsessed Benito Mussolini addressing his adoring audiences in a belligerent, hands-on-hips, jutting jaw pose. To their sole credit, they could deliver their calls to totalitarianism without the benefit of Teleprompters. Then we have the less hysterical, snooze-inducing […]
A common question, when discussing capitalism, is: What about the poor? In other words, won’t the poor be helpless and hopeless in a capitalist society? The premise underlying such questions is altruism. According to altruism, we have a moral duty to serve others. According to altruism, we have an obligation to help those in need. […]