Economics

Why Socialism Is the Failed Idea That Never Dies 0
- Economics
- September 3, 2019
Kristian Niemietz, Socialism: The Failed Idea That Never Dies. Institute for Economic Affairs, London 2019, 374 pages. What would you say to an amateur chef who baked a cake following a certain recipe only for everyone who ate a slice to fall ill quickly afterward? Being such an enthusiastic baker, they bake the same cake
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Seven Quotes That Reveal the Racist Origins of Minimum Wage Laws 0
- Economics
- August 28, 2019
Minimum wage laws are suddenly vogue. According to the National Conference of State Legislatures, 18 states began 2019 with a new minimum wage. Three states have since passed legislation to increase the minimum wage to $15 an hour, a wage floor the House of Representatives is seeking to make the law of the land. The
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Trump: Somebody Had to Confront China 0
- Economics
- August 27, 2019
Let’s pay a visit to Little China in Front Royal, Virginia. I’m not talking about China City Buffet, that wonderful restaurant where I used to take my grandkids for their birthdays. Nor do I mean the nearby Virginia International Academy, which despite its name caters only to Chinese students transitioning into American universities. I do
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Hot-Car Deaths Are Heartbreaking, but Shouldn’t Be an Excuse for More Regulation 0
- Economics
- August 26, 2019
Congress is analyzing two proposed pieces of legislation drafted to help prevent car-related child deaths from heatstroke. The Senate’s version of the bill would require carmakers to add systems that would remind drivers to look in the back seat once the engine is turned off while the House bill would require manufacturers to add an alert system to warn
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Kids Ordered to Pay Sales Tax at Children’s Expo Receive a Sad Lesson in Entrepreneurship 0
- Economics
- August 26, 2019
Twelve-year-old Lucie Wise couldn’t wait to open her own business. On three separate occasions, she had accompanied her mother to the Children’s Entrepreneur Market – an expo of child-run businesses hosted annually by the Utah nonprofit Libertas Institute – dreaming of the day she could set up her own booth and sell her wares to curious passersby.
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Politics By Infomercial 0
- Economics
- August 22, 2019
If you’re like me, you dread presidential campaigns. With nearly a year and a half to go until the next election, we are already being inundated with banal sloganeering. It’s like being bombarded with advertisements for products you have no use for, have no desire to purchase, and yet are forced to choose which one
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