Economics

Social Security Has Not Been “Looted”0
- Economics
- June 20, 2018
The newly released Social Security Trustees Report describes serious fiscal issues with the program and stresses that it should be reformed soon, or the situation will become much worse. However, public support for reform is impeded by a common fiction that inflames debate and distracts from the roots of the problem. What the Report Says
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Hayek Can Teach Trump the Key to Bringing Political Freedom to North Korea 0
- Economics
- June 20, 2018
President Trump and North Korea’s leader Kim Jong-Un recently held a historic summit that captured the American public’s attention. Some commentators have argued that establishing a dialogue between the two countries is a meaningful step, but others criticize President Trump for not proposing that the dictator reform his oppressive regime, which is notorious for brutally executing political dissenters. Perhaps the
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Are Elite Charter Schools Excluding Minorities?0
- Economics
- June 20, 2018
Earlier this week, NBC News ran an article entitled “It’s like a black and white thing: How some elite charter schools exclude minorities.” The article focuses on Lake Oconee Academy (LOA), a charter school in Greensboro, Georgia. It makes the case that the school has intentionally excluded minority students while favoring wealthy, white families. The nation’s first charter
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The Dream and the Nightmare of Globalization 0
- Economics
- June 19, 2018
After World War II, only the United States possessed the capital, the military, freedom, and the international good will to arrest the spread of global Stalinism. To save the fragile postwar West, America was soon willing to rebuild and rearm war-torn former democracies. Over seven decades, it intervened in proxy wars against Soviet and Chinese
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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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