Embarrassing Economists
There are economists, most notably Nobel Prize-winning economist Paul Krugman, who suggest that the law of demand applies to everything except labor prices (wages) of low-skilled workers.
Governments Need Inflation, Economies Don’t
Inflation is not needed to grow economies but to grow governments.
Predatory Journalism Against The Freedom To Price
Editorial demagoguery against “predatory” lending might well be called predatory journalism — taking advantage of other people’s ignorance of economics to score ideological points, and promote still more expansion of government powers that limit the options of poor people especially.
Turkey’s Position on ISIL Misunderstood
It is tempting for Western observers to view Turkey’s reluctance to join the fight as a mark of disloyalty to NATO and as a sign that the alliance is mostly about convenience. This view may be too simplistic.
Crumbling Constitution
Some Americans, right and left, give up on the Constitution whenever it gets in the way of policies they like.
Why is the Gold Standard Urgent?
After President Nixon’s gold default in 1971, many people advocated a return to the gold standard. One argument has been repeated: consumer prices are rising. While this is true, it wasn’t compelling in the 1970’s and it certainly doesn’t fire people up today. Rising...Officially Killing Americans Courtesy of the FDA
When the FDA calls a news conference to announce approval of a drug, somebody should ask the official how many Americans died from the drug’s not being approved the previous year.
Irresponsible ‘Education’: Ivory Towers of Indoctrination
Nothing is easier than to prove that America, or any other society of human beings, is far from being the perfect gem that any of us can conjure up in our imagination.
Local or National Elections?
What is the overriding national issue that makes this year’s Congressional elections so crucial?
