The Economics of Libertarianism, Confused
In this article I'll walk through Glaeser's critical observations, most of which misfire.
In this article I'll walk through Glaeser's critical observations, most of which misfire.
The only solution to increasing costs is to eliminate government interference in the market and to allow the price mechanism to work as it should.
Social order is like barbecue. Both are defined in the process of their emergence.
So no matter what GDP numbers the Commerce Department spins out, the interest rate Chairman Bernanke controls will stay low "for an extended period."
Until corporate welfare takes a backseat to real, proven solutions that help stateside consumers save a bundle at the pump (and help our less-prosperous allies financially), corn will remain king.
The predator state cannot be tamed. Only when the public withdraws its consent will the predations come to an end.
"Instead of buying up toxic assets, the TARP money was used to partially nationalize the banking industry."
"Preventing trade means that we use more resources to produce less wealth."
"The bailouts, in fact, were an example of government intervention to prevent the free market from holding CEOs accountable."