Steve Chapman writes: If the economy improves and unemployment drops, Obama can take credit. If it fails to improve and unemployment rises, though, he can say he averted an even worse showing. Republicans will take the opposite tack — attributing … Continue reading
The New York Post recently posted an interesting personal account of writer and cryonics activist Charles Platt about working conditions and company policies at Wal-Mart. In Platt’s own words: Some people, usually community activists, loath Wal-Mart. Others, like the family … Continue reading
Monetary policy is governed by the rule of men, rather than the rule of law. The results are what public choice theory would predict and monetary history has documented: booms, busts, and panics. writes Gerald P. O’Driscoll Jr. in Money … Continue reading
Some politicians have expressed great frustration over the fact that not all countries are doing their part in engaging in deficit spending and/or manipulating the money supply to stimulate “the economy.” It is not difficult to imagine how such a … Continue reading
If there is one single belief that unites most political thinking throughout the history of mankind it is that prices for goods and services cannot simply reflect supply and demand but should be manipulated to achieve more grandiose goals. Although … Continue reading