Venezuela is going through one of the worst economic crises of the last century. According to the International Monetary Fund (IMF), Venezuela’s GDP has fallen nearly 50 percent since 2014. To understand the magnitude of Venezuela’s economic downturn, Spain’s GDP fell by 30 percent… during the Spanish Civil War of the 1930s! In other words, a
READ MORELately we have seen numerous conservative commentators posit the thesis that the Democrats are disqualifying themselves from a 2020 presidential victory by lurching too far left on key economic and social issues. The idea is that the American people simply aren’t prepared to follow the Democrats into the leftist territory that seems to be their
READ MOREA number of studies have shown links between depression and internet use. This being the case, who better than the 19th Century German philosopher Arthur Schopenhauer (1788-1860) to be named as the official philosopher of the internet? For thorough-going gloom, it is hard to beat Schopenhauer. “Life is an unpleasant business,” he said as a young
READ MOREIn 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 value in the free market is not how much it costs to produce, but rather how
READ MOREWhat’s worse than being stuck in a long line at the supermarket? Being stuck in a long line at the supermarket while your child is having a meltdown. Every parent has been there, and it’s every parent’s worst nightmare. My kids are four and two – in other words, prime ages for throwing fits in
READ MOREA federal judge’s ruling that women must be included in a potential military draft is based on incomplete information, an advocate for military readiness says. The Obama administration rejected a field test by the U.S. Marine Corps that found all-male units performing simulated ground combat tasks outperformed gender-mixed units 69 percent of the time, said
READ MOREIn 1971, John Lennon asked us to imagine a world with “no heaven,” “no hell,” “no religion,” and “nothing to kill or die for.” Thirty-six years later, the piano on which he wrote that iconic anthem embarked on a “symbolic road trip for peace” that took it to sites of violence and persecution around the
READ MORENew York State Budget Director Robert Mujica is not pleased his state is missing out on Amazon’s second headquarters. In an open letter that ran on Governor Andrew Cuomo’s page, Mujica explained what the loss would mean to the state: As just about everyone in this state, if not the country, knows by now, Amazon
READ MOREA few questions for my readers: When you are shopping at WalMart or your local mall, do you constantly assess people by the color of their skin? When the pigmentation of the clerk behind the register at the grocery store differs from your own, does bile rise in your throat? When you meet someone wearing
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