Economics

Why Farmers Are Dumping Milk and Letting Produce Rot 0
- Economics
- April 23, 2020
Many Americans may be surprised and confused to see farmers dumping milk down the drain or letting vegetables rot in their fields. Why would they be destroying food at a time when grocery stores and food pantries struggle to keep pace with surging demand during the coronavirus pandemic? As sociologists with a specialty in agriculture
READ MORE
Canada’s Government-Run Health Care Buckles Under COVID-19 0
- Economics
- April 16, 2020
In an editorial last week, the Los Angeles Times declared it conventional wisdom that COVID-19 proves Bernie Sanders was right about “Medicare for All,” because with universal health coverage, the government wouldn’t have to send emergency aid to “hospitals and state health programs.” This assertion is completely false, however, and we know because billions in
READ MORE
Coronavirus Exposes What the Feds Are Doing to American Savings 0
- Economics
- April 14, 2020
During a March 17 address to the nation in response to the COVID-19 outbreak, President Donald Trump asked that Americans work from home, postpone unnecessary travel, and limit social gatherings to no more than 10 people. Ten days later, Trump signed a stimulus package of more than $2 trillion to provide relief to an economy
READ MORE

The Soviet Union Began as a Democratic Experiment in Socialism 0
- Economics
- April 13, 2020
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 years following his loss to Hilary Clinton, it’s become a major topic for American politics.
READ MORE
Crying Over Dumped Milk 0
- Economics
- April 6, 2020
Frustrated shoppers have reason to cry over spilled milk. Dairy farmers are dumping millions of gallons of the stuff. Meanwhile, some dairy products are sold out at many grocery stores across the country, due to intense demand for basic household goods amid the coronavirus crisis. USA Today reports on one farm in Wisconsin: “About 7
READ MORE
The Fed Is Running Out of Bubbles to Create 0
- Economics
- April 3, 2020
The Fed came out with a series of unprecedented measures on March 22, 2020. They announced the Fed will buy an unlimited amount of Treasurys and mortgage-backed securities (MBS), or as Peter Schiff refers to it, “QE infinity.” This has been very positively welcomed by many in the mainstream media and by businesses. Yet, what many are
READ MORE