How Corporate Bailouts Inflate the Money Supply
Continued bailouts undermine the entire economy by rewarding financial failure and discouraging productive economic activity.
Natural rights and the American border
Issues of immigration are complex. The current system of open borders, detention and expanding access to welfare is destructive to our body politic. We need to come up with a…
The commencement speech someone needs to give
Instead of the usual claptrap that characterizes most graduation speeches, someone needs to give a speech that defends liberty and tells the truth about government and capitalism.
How Economists Evaluate Tariffs Versus Income Taxes
Prompted by a listener request, Bob gives the standard economic analysis of tariffs and other types of taxes.
Inverted, Recessed, and Hung Out to Dry
The great train wreck seems to be happening. Mark Thornton shares his latest guesses and outlook.
How capitalism defeats racism
By appealing to the self-interest of buyers and sellers, capitalism foils attempts by lawmakers to create racially constructed limits on voluntary exchange. Capitalism undermines racism.
Inequality is caused by inflation
Paul Krugman once claimed that inflation was necessary for relative income equality. The truth is that inflation, by creating winners and losers, increases and exacerbates income inequality.
The problem with ‘work or starve’
Critics of capitalism claim that private enterprise gives workers the unhappy choice of either working difficult, low-paying jobs or outright starving. The claim is false and the history of capitalism…
Canada’s “Worst Decline in 40 Years”
Canadian bankruptcy filings jumped 40% last year, while CIBC reports nearly half of Canadians have zero emergency savings.
No exceptions, please!
While defenders of democracy claim to hold fealty to the U.S. Constitution, they are quick to jettison it when they claim that democracy itself is in peril. David Gordon disagrees.