While Trump’s $267 billion is bad, the Democrats’ plans are worse. We counted $297 billion proposed by Biden, $690 billion from Buttigieg, $3.8 trillion from Warren, $4 trillion from Sanders and $4.3 trillion from Harris.
POLITICS
Being a Racist Is Easy Today
When leftists have no other winning argument, they falsely accuse others of racism.
Laffer Gets Laughable
While the willingness to abandon long held beliefs for political gain has always been a common trait among public figures, the spectacle has recently taken on shocking levels of casual audacity. The contempt for even minimal levels of intellectual consistency has...
Trump Puts The Nail In The Tea Party Coffin
The Trump sanctioned agreement to suspend the debt ceiling and push annual deficits even further above the trillion dollar mark may only succeed in destroying the Republican Party as we know it.
Like Socialism, Conservative Nationalism Is Not About Liberty
American “nationalism,” if we are to call it this, is neither identity-politics socialism nor this newly proclaimed “conservative” national socialism. It was, and should be, an allegiance to individual liberty and unlimited economic freedom of trade and associat…
After Trump’s ‘Racist’ Tweets, Democrats Demand ‘Civility,’ But When Have They Practiced It?
President Donald Trump, in a series of tweets, offered four freshman Democratic congresswomen a suggestion. Given their complaints about America and about Israel, tweeted Trump, the four, aka “the Squad” should “go back and help fix the totally...
The Let-Alone Principle
“[T]he political system is most conducive to the public good in which the rightful liberty of the individual is least abridged.”
The Federal Death Agency (FDA)
The path to genetic cures and radical life extension begins with the abolition of that Servant of Death: the FDA.
New Evidence that Soaring Inequality is a Myth
How a political push to justify increased taxation has afflicted the entire economic inequality debate.
Replace Social Security Ponzi Schemes with Private Savings Accounts
Social Security is running out of money. You may not believe that, but it’s a fact. That FICA money taken from your paycheck was not saved for you in a “trust fund.” Politicians misled us. They spent every penny the moment it came in. This started as...
A Wealth Tax on the Rich Is Motivated By Anti-Capitalist Ideology and Not Economics
Is a proposed federal wealth tax on the ultra-rich the solution to America’s budget-deficit woes?
Democratic Party “Progressive” Promises and the Cost To Liberty
Keep in mind what “progressive” means in this political context: an increase in the size, scope, and cost of government in American society.
The Statistical Problems Behind Piketty and Saez’s Claims of Spiraling Inequality
Instead of assuming that we’re in the midst of a surging inequality crisis, we should first settle more fundamental issues affecting the accuracy of our measurements over the past century.
Free Things and Unfree People
The freebies approach to political campaigning and policymaking brazenly panders to mooching and, by expanding the size, scope, and power of government, also institutionalizes looting. As politicians today assert, so loudly and sanctimoniously, that things like food,...
Dear Anti-Capitalist Billionaires, Why Wait For a Wealth Tax? Contribute Your Money Now!
George Soros and his son Alexander Soros, Facebook co-founder Chris Hughes, heiress Abigail Disney and “Anonymous” are free to give their wealth to politicians right now.
Democratic Candidates are Paving The Way For a Trump Victory
These two debates, in which the candidates fell over themselves offering free stuff, had one clear winner: President Donald Trump.
It Wasn’t Coercion That Made America Great, But Freedom
America will do best if we remember that the Declaration of Independence talks about “limited” government and reminds us that every individual has inalienable rights.
Worse Than Racists
Chief among the policies that reward inferiority and irresponsibility is the welfare state.
Laissez-Faire Capitalism: A Declaration of Independence from Statism
The Declaration of Independence, proclaimed by members of the Continental Congress on July 4, 1776, is the founding document of the American experiment in free government. What is too often forgotten is that what the Founding Fathers argued against in the Declaration wa…
Reparations for Slavery
Slavery doesn’t have a good record of producing wealth.
Austrian Economics on the 45th Anniversary of Its Rebirth
This June marks the 45th anniversary of the revival of the Austrian School of Economics. During the week of June 15-22, 1974, the Institute for Humane Studies brought together about 50 people in South Royalton, Vermont to listen to a series of lectures by three of the...
Candidates’ Bad Ideas On How To Spend Your Money
Politicians always have ideas other than letting you keep your money.
Growing Debt, Budget Deficits and the Cost of Free Lunches
It seems that every generation or two, fundamental economic ideas are questioned and challenged. The reasonable and important idea that governments should balance their budgets on an annual basis was challenged in the 1930s by the rise of Keynesian Economics and the...
Yaron Brook on The Moral Case For That “Amazing Thing” Called Capitalism
Capitalism “is a fantastic system that is fundamentally moral because it allows individuals to pursue their own happiness. Your pursuit of your own well-being — a virtue in and of itself — also helps the world be a better world.”
In Search of White Privilege and Systemic-Institutional-Structural Racism
Two years after the first black president departed office, the 2020 Democratic candidates fall over themselves promising to combat “white privilege” and to address “systemic” or “institutional” or “structural” racism against blacks.
Professor Stigiltz’s “Progressive Capitalism” is Neo-Socialism
If there is one common enemy that all opponents of individual liberty, free markets, and limited government seemingly can agree upon it is the “evil” of neo-liberalism. Everything that is hated in an open, competitive market society is summed into that word and...
How To Create Social Conflict: Let The Government Decide
The prime feature of political decision-making is that it’s a zero-sum game.
Has The Pro-Capitalist Right Been Eviscerated by President Donald Trump?
A successful battle against the collectivism of the left will have to await the appearance of a new, pro-capitalist right.
Slavery: Neither Strange Nor Peculiar
People who use slavery to trash the founders have contempt for our constitutional guarantees of liberty. Slavery is merely a convenient moral posturing tool they use in their attempt to reduce respect for our Constitution.
How Republicans Gave Us Millennial Socialists
The single organization most responsible for paving young Americans’ way to socialism: the Republican Party.
The Plague of Political Busbybodies
The end goal of our planning paternalists is the command economy, the government-directed market, with all businesses required to follow the planner’s investment and employment directives and, presumably, be subject to some type of punishment if the imposed targets...
The Left’s Battle Against ‘Inequality’
In his book “Discrimination and Disparities,” economist Thomas Sowell notes that a disproportionate percentage of first-born siblings become National Merit scholars compared to siblings born later, presumably because the first-born starts life with no...
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