When Bernie Sanders made his debut on the national stage in 2016, most Americans had never heard of democratic socialism (the idea that the government controls the means of production but we all get to vote). But in the four
When Bernie Sanders made his debut on the national stage in 2016, most Americans had never heard of democratic socialism (the idea that the government controls the means of production but we all get to vote). But in the four
If one wanted to study the difference between an industry that exists in a very free market and its exact counterpart in a system of extreme government regulation, then you don’t need to look further than the New York City
“Why is Narcan free to a dope addict but my insulin is $750 a month?” asks an online meme that has since gone viral. “Humalog cost $21 a vial in 1996 and now that same insulin is $375” claims another
In Basic Economics, Thomas Sowell wrote that prices are what tie together the vast network of economic activity among people who are too vastly scattered to know each other. Prices are the regulators of the free market. An object’s