Economics

My Family Fled Communism When I Was 6. Now We Fear Our Nightmare Has Followed Us Here 0
- Economics
- February 28, 2019
Following the State of the Union address, I found the state of the nation surreal. I kept skimming past articles about the Democratic Party’s proposed economic stimulus packages, collectively known as the Green New Deal. They propose to fund unsustainable sectors like solar panels—which are already heavily government-backed—by targeting more self-sufficient industries, like meat production.
READ MORE
How Government-Guaranteed Student Loans Killed the American Dream for Millions 0
- Economics
- February 27, 2019
In Basic Economics, Thomas Sowell wrote that prices are what tie together the vast network of economic activity among people who are too vastly scattered to know each other. Prices are the regulators of the free market. An object’s value in the free market is not how much it costs to produce, but rather how
READ MORE
The Double-edged Sword of Economic Sanctions Against Venezuela 0
- Economics
- February 27, 2019
Venezuela is going through one of the worst economic crises of the last century. According to the International Monetary Fund (IMF), Venezuela’s GDP has fallen nearly 50 percent since 2014. To understand the magnitude of Venezuela’s economic downturn, Spain’s GDP fell by 30 percent… during the Spanish Civil War of the 1930s! In other words, a
READ MORE

New York State Budget Director on the ‘Fundamental Ignorance’ That Killed the Amazon Deal 0
- Economics
- February 26, 2019
New York State Budget Director Robert Mujica is not pleased his state is missing out on Amazon’s second headquarters. In an open letter that ran on Governor Andrew Cuomo’s page, Mujica explained what the loss would mean to the state: As just about everyone in this state, if not the country, knows by now, Amazon
READ MORE
Canada’s Universal Child Care Program Suggests Elizabeth Warren’s Plan Would Be Disastrous for Children 0
- Economics
- February 22, 2019
The state does such a stellar job of nurturing and educating children from preschool through high school, we should expand its role from birth onward. That’s the new proposition unveiled this week by US Senator Elizabeth Warren of Massachusetts. On Tuesday, the Democratic presidential candidate outlined a vast federal program of free and subsidized child
READ MORE
Why the Minimum Wage Shouldn’t Be a Family Wage 0
- Economics
- February 21, 2019
Nostalgia is a powerful drug, and one that seems to a have particular potent effect on politicians. Consider, for example, a recent tweet by Massachusetts’s senator and Democratic presidential candidate Elizabeth Warren. Last Saturday she said: Back when I was a kid, a minimum-wage job could support a family of three. Today, a full-time minimum-wage
READ MORE