Why Not Another World War?

There is overwhelming agreement among economists that the Second World War was responsible for decisively ending the Great Depression. When asked why the wars in Iran and Afghanistan are failing to make the same impact today, they often claim that the current...

Government Policies Pushing Towards Depression

Despite several quarters of rising GDP, and the upbeat exertions of Administration spokespeople, the National Bureau of Economic Research (NBER) has yet to announce the recession is over. Their reluctance is well-founded. It is beginning to dawn on even the...

First Step: Lower Taxes

There are a lot of developing countries who are looking for an answer to their woes. The biggest question on their mind is “How do we become a 1st world country?” A great first step for them would be; lower taxes. Lower it as much as possible. Almost all...

Political Agnosticism

Several months ago, I paused to admire a lovely neighborhood. A man and his wife approached and asked if I was putting up flyers on the wall. “No,” I replied.”How about this one,” the man asked pointing at the shreds of a yellow flyer on a...

Obamanomics vs. Economics

With job creation in the private sector basically dead and a growing number of jobless workers ceasing to even look for work any longer, the number of people officially counted as part of the U.S. labor force shrank by 652,000 in June.   That was more than double...

Video: The Moral Case for a Free Market

Dr. Eric Daniels of Clemson University’s Institute for the Study of Capitalism has lectured internationally on the history of American ethics, American business, and entrepreneurship, as well as the American Enlightenment. He has also appeared on C-SPAN and is...

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