Political and Economic Entrepreneurship: Freedom Depends on the Latter
When we speak of entrepreneurship, we need to specify if it is economic or political. The first expands wealth and freedom; the second makes us poorer and less free.
When we speak of entrepreneurship, we need to specify if it is economic or political. The first expands wealth and freedom; the second makes us poorer and less free.
Florida's anticensorship law is being boosted as a defense of free speech. In reality, it turns the First Amendment upside down.
The Federal Reserve continues the proud Greenspan tradition of obfuscation and confusing language to describe its reckless actions.
Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.
The proposed WHO Pandemic Treaty is nothing less than an exercise in medical totalitarianism. Welcome to the rule of the medical bureaucrat.
Mass shootings are bad enough, but progressives have turned them into political events. They then claim that further politicizing these tragedies will reduce their number.
Standard Keynesian theory posits that if the economy slows, government can revitalize it by increasing spending, which supposedly creates new demand. But government can't create something from nothing.
Once upon a time, the progressive hero was "socialist man." Today, we have "Davos man," who is ready to plan your life for you—your wishes notwithstanding.
Leftist regularly accuse capitalism of depending upon racism for its existence, but history tells a much different story.
Adherents of MMT present their ideas in the form of a hydra. Shoot down one idea and another pops up that is just as preposterous. This is no accident.