Economic Commentary
Free Market Thinking Inside the Van
Inside the Lucky Dragon van sitting by the curb at the Chinese consulate in New York (left) is a couch, a folding chair,...
The Good News: The Bad News Isn’t All Bad
Republican presidential candidate Ron Paul noted on Tuesday that efforts to rein in government spending appeared to be in vain, due to an agreement...
Read moreWhirlpool Wants Gov’t to Force Consumers to Pay More
One of the ways that Whirlpool Corporation celebrated its 100th anniversary last year was to file petitions against two of its main South...
Read moreCapitalism, Socialism, & Christianity
One of the most erroneous and harmful ideas of our time is the notion that free-enterprise capitalism and the society upon which it...
Read moreChina Finds “Rare Earth” Monopoly Losing Money
China is the largest producer of rare earth elements, or “rare earths, “which are important for many sophisticated technology applications. In fact, it...
Read moreLatest Housing Numbers May be an Aberration
The spate of good news about the economy, headed up by the National Association of Realtors (NAR)’s report that pending home sales increased...
Read moreDo Sears, K-Mart Closings Foreshadow Retail Trend?
Following a less-than-spectacular holiday shopping season, two 20th century mainstays of America’s retailing culture appear to be a step closer to historical nostalgia....
Read moreKeynesian Economists Rip Obama for Failed Keynesian Policies
The results of a survey by the Associated Press of 36 Keynesian economists — economists who believe that government is the driving force...
Read moreThanks to Market Innovation Americans Live Better for Less
According to economist Mark J. Perry a consumer doing some Christmas shopping in December 1964 with a budget of $750 could have purchased...
Read moreIs the Economy Slowly Gaining Momentum?
Zachary Karabell, writing at The Daily Beast on Thursday, claimed that the latest numbers on the US’s economy were showing some modest improvement....
Read moreGresham’s Law at Work: Pennies and Nickels Are Disappearing
When Kyle Bass defended his decision on BBC Radio Hard Talk on November 17th to purchase 20 million nickels, he was just putting Gresham’s...
Read moreDependency on Government Continues to Grow
Conservative economist Robert Higgs' (pictured at left) warnings about the Heritage Foundation’s Index of Dependence on Government were already outdated when they were published...
Read moreThe Story Behind the Best- and Worst-Run States
In its second annual survey of the best- and worst-run states, 24/7 Wall St. noted some significant changes but the same message: “States...
Read moreHouse Republicans Pass Anti-regulation Bill to Save Jobs
House Republicans, accelerating efforts to combat the frenetic influx of federal regulations that continue to flood the U.S. economy, passed the Regulatory Accountability...
Read moreLikely Collapse of the Euro Leads to Second Amendment Lessons
As the economic crisis in the European Union grows day by day, there is a proportionate degree of speculation around the world about...
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