Interventionism

Bastiat reminded his readers that economic analysis involves not just what we see on the surface, but also the costs that are hidden from view.

The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.

Inequality is a good thing in the free market. 

Can government steer energy use decisions to improve outcomes?

Dr. Terrell discusses the impacts of price controls, occupational licensure, the FDA, and more.

Free trade promotes economic progress.

There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws.

Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.

One of the biggest problems of Biden's neo-Keynesian approach to government budgets is that it leaves households with less money in real terms and the “anti-inflation” measures increase debt and inflation.

As government weight in the economy rises faster, technical recessions may not appear in the official data, but citizens suffer it, nevertheless.