Lobbying and Political Power
Lobbyists are not a creation of the free market, but of a mixed economy–an economy with a mixture of freedoms and controls. When government has the power to arbitrarily dictate the actions of individuals, individuals will seek legislation that is favorable to them.
The Economic System That Time Forgot
Rubio perpetuates exactly what’s wrong. He assumes, like Obama, that what we have is a mostly free enterprise system. But we don’t.
Who Owns Your Life?
One of the most important and far reaching questions in moral philosophy is: Who is the proper beneficiary of an individual’s actions? There are only two possible answers to the question: The individual taking the action, or others. “Others” may mean the community,...Columbine Survivor Asks the Hard Questions About Guns
It’s amazing. When Hollywood celebrities who support gun control or gun bans advocate these policies, we’re supposed to humbly and uncritically listen. Even when some celebrities, such as Rosie O’Donnell, support gun bans while claiming special exceptions for...Ben’s Balance Sheet Blues
The Fed has no credible exit strategy.
FED’s Tightening Pipe Dream
There is no exit strategy because the results of the Fed withdrawing its artificial support would be disastrous for the US Treasury and in the short-term, the US economy.
Singapore A Wise Owl Among Currency Snakes
Currency devaluation is not a winning strategy, especially for a country with a strong balance sheet.
Thank The 1%
Instead of taxing the 1% more, we should thank them.