Economics

Why Karl Marx Desperately Needed Jordan Peterson’s Advice 5
- Economics, History, Philosophy
- April 24, 2024
As I make my way through Paul Kengor’s wonderful book The Devil and Karl Marx, numerous things stand out about the father of communism. It’s not an exaggeration to say that it’s hard to imagine a more wretched human being than Karl Marx. It was almost as if all of the worst traits of humanity were
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Can Adam Smith Reach Gen Z?1
- Economics, Education
- February 8, 2024
There’s a common assumption among the older generations that today’s college students are more swayed by socialism than ever before. There’s fear that this generation may be lost to the alluring temptations of “free” government programs and centrally planned economies. As a college professor over the past seven years, I have not found this to be the case. Make no mistake, the heralds of
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The Housing Crisis Explained—With Mini Fridges 3
- Economics
- February 7, 2024
In a household of four guys, fridge space is what you might call prime real estate. I know this because I happen to live in one such household. For months we tried sharing the one fridge in the house. It was not pleasant. We had to have regular negotiations about how to allocate the limited
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Argentina’s President Javier Milei Takes a Torch to the Davos Elite 5
- Politics, Economics, Featured, International
- January 26, 2024
Javier Milei was sworn in as the president of Argentina less than two months ago, and he is already making a big splash at home and abroad. During his presidential campaign, the libertarian economist, former rock singer, and political outsider turned heads by wielding a literal chainsaw symbolizing his plans for Argentina’s bloated bureaucracy. A
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7 Ridiculous Examples of Government Waste in 2023 3
- Economics, Politics
- January 15, 2024
Almost nobody doubts that the federal government wastes a lot of money. Every day we hear stories of fraud, mismanagement, and misplaced priorities that cost taxpayers millions, and sometimes billions, of dollars. But just how much money is wasted? In his annual Festivus report—named after the fictional Seinfeld holiday—Senator Rand Paul tallies up some of the most
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Henry Ford’s Pro-Family Initiative That Rocked the World 2
- Economics, Family, History
- January 12, 2024
One hundred and ten years ago this week, a Motor City magnate put his money where his mouth was. On 5 January 1914, Ford Motor Company doubled the wages of employees to $5.00 per day, incentivising assembly-line work. It was Henry Ford’s idea. The Detroit Journal’s headline “Henry Ford Gives Ten Million in 1914 Profits to His
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