Economics

The Tax That Closed 3,600 Doctors’ Offices 0
- Economics
- May 31, 2019
A UK tax policy intended to soak the rich has caused highly specialized physicians and surgeons to retire early, depriving more than a million citizens of their services. A new report details the extent to which progressive taxation has harmed British patients. The NHS is in a state of perpetual crisis characterized by doctor shortages,
READ MORE
Aldi and the Virtues of ‘Brutal Efficiency’1
- Economics
- May 30, 2019
In recent years, we’ve witnessed a food revolution of sorts, leading to expansive consumer choice and an increasing emphasis on healthy or specialty foods that are locally and ethically sourced. In turn, a flurry of grocery chains have capitalized on such trends, with some stuffing their aisles with countless brands as others focus on “socially
READ MORE
Forty-Four Things You Should Know About the Green New Deal 0
- Economics
- May 24, 2019
On Feb. 7, US Rep. Alexandria Ocasio-Cortez and US Sen. Ed Markey introduced legislation known as the Green New Deal. You’ve probably heard of it. It’s a big deal, to paraphrase Joe Biden. The History of New Deals Wikipedia, the internet’s fountain of knowledge, describes the legislation as “a proposed stimulus package that aims to
READ MORE

Marriott Finally Realizes That Competing With Airbnb Beats Lobbying Against It 0
- Economics
- May 23, 2019
The hotel lobby is at least partially responsible for the pushback Airbnb received in several states in the recent past. But despite the hospitality industry’s continuous push to destroy the home-sharing business, it seems that Airbnb won’t be losing the war that easily after all. According to multiple sources, hotel chains like Marriott are now entering the home-sharing business.
READ MORE
Monetary Stability and the Independence of the Federal Reserve Bank 0
- Economics
- May 22, 2019
Monetary stability is essential for countries to thrive. A stable currency reduces uncertainty about the future price level, allowing businesses to make long-term investment decisions without worrying about the negative impact of unexpected spikes in inflation. This is in turn boosts economic growth via higher investment spending. Central banks are supposed to guarantee monetary stability.
READ MORE
Three Reasons Flawed Capitalism Is Still Better Than Perfect Socialism 0
- Economics
- May 20, 2019
A video clip of a military vehicle driving headlong into a crowd of innocent civilians keeps replaying itself in my mind. This happened in ‘socialist’ Venezuela. This South American country was once one of the happiest and richest countries in the world. Today families eat their pets for dinner. Meanwhile, Alexandria Ocasio-Cortez, Bernie Sanders, and probably
READ MORE