The story of how the Pilgrims at Plymouth Rock abandoned the common labor system and embraced private ownership is well known. While at first it affected a small community, William Bradford’s decision in favor of private enterprise would have a wide ranging effect.
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In the end, Fedgov will just print more money and raise taxes. Social security will be preserved by politicians to ensure that elected officials don’t lose the votes of pensioners.
New WaPo piece is a tour de force of bad economics on the “dangers” of deflation.
Although classical liberalism was imperfect, especially with its emphasis upon “limited” government, nonetheless, it provided at least a glimpse of a free society. We also should continue the heroes of classical liberalism.
CBS: The cryptocurrency dropped more than 8% in the last 24 hours alone, falling to $84,096 as of 11:15 a.m. on Monday.
According to Australia’s Sky News, Donald Trump told Nicolás Maduro in call he must leave Venezuela in order to save himself and his family.
Likely: if a tick “accidentally” escapes from the US lab, then the federal government will mandate mRNA vaccines for all US livestock.
New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.
The story of how the Pilgrims at Plymouth Rock abandoned the common labor system and embraced private ownership is well known. While at first it affected a small community, William Bradford’s decision in favor of private enterprise would have a wide ranging effect.
Politicians and central bankers invoke “contagion” to demand more power and money, while their interventions cause the very fragility they decry.