Economics

Mises’ Observations on the Decline and Fall of the Roman Empire 0
- Economics
- June 19, 2018
Observations on the Causes of the Decline of Ancient Civilization Knowledge of the effects of government interference with market prices makes us comprehend the economic causes of a momentous historical event, the decline of ancient civilization. It may be left undecided whether or not it is correct to call the economic organization of the Roman
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How to Avoid Becoming a Casualty of Student Loan Debt 1
- Economics
- June 18, 2018
More frequently, college graduates are reporting that student loan debt dictates almost every aspect of their lives, including “jobs, children, marriage, buying a house, and saving for retirement.” Some feel “trapped” and bear crushing guilt for having others cosign on ill-advised loans. Graduates are suffering not just financially, but physically as well. A recent survey showed that “[m]ore than 61
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Hey Millennials: Here’s the Truth About Socialism, Kim Jong-un, and Nicolás Maduro 0
- Economics
- June 18, 2018
A recent story in the New York Times discussed the increasing willingness of political candidates in the United States to run as socialists. Times reporter Farah Stockman wrote that the Democratic Socialists of America (DSA) is surging, even in conservative-leaning states. “Since November 2016, DSA’s membership has increased from about 5,000 to 35,000 nationwide,” Stockman wrote. “The
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Who Would Build Our Roads Without Government? Apparently, Domino’s Pizza 0
- Economics
- June 14, 2018
Yesterday, Domino’s Pizza announced that rather than wait for government action, the company would take it upon itself to fix potholes as part of its “Paving for Pizza” campaign. A lot can happen in the time it takes for your pizza to leave its store of origin and arrive at your door. Sitting helplessly in
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Will Durant on How the Socialism of Imperial Rome Ushered in Feudalism 0
- Economics
- June 6, 2018
In years of peace, Diocletian, with his aides, faced the problems of economic decay. To overcome depression and prevent revolution, he substituted a managed economy for the law of supply and demand. He established a sound currency by guaranteeing to the gold coinage a fixed weight and purity which it retained in the Eastern Empire till
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3 Socialism Myths Debunked by Venezuela’s Nightmare 0
- Economics
- June 5, 2018
History provides endless examples of vicious despots ruling under various collectivist ideologies. Hitler, Mao, Stalin, Pol Pot, and—today—Kim Jong-un and Nicolás Maduro may have had different names for their collectivist ideologies, but they have resulted in the deaths of countless millions of people and endless misery for the survivors. Alarmingly, a majority of millennials would
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