Economics

Karl Marx: Intellectual Father of the 1619 Project?0
- Economics
- September 5, 2019
The New York Times’ 1619 Project seeks to establish the moment the first slave ship landed in Virginia as “a new point of origin for our national story,” because “nearly everything that has made America exceptional grew out of slavery.” The series – which attempts to link American prosperity, our economic system, even our lack of a single-payer healthcare system to slavery – can count
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Could the Green New Deal Create More Climate Victims Than It Saves?0
- Economics
- September 4, 2019
Today, CNN is televising a “climate crisis town hall” for Democratic presidential candidates. Meanwhile, Hurricane Dorian, after tearing through the Bahamas, is menacing Florida and the East Coast. The candidates will surely point to the hurricane as they call for drastic measures against climate change. Tweeting about Dorian, Bernie Sanders has already offered his own
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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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