By: Daniel Lacalle Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency. These are the essential pillars of “21st century socialism” and the radical left Peronism that obliterated Argentina. These […]
Presenting the moral case for capitalism By: Wanjiru Njoya There is a widespread perception that capitalism is a system designed to encourage greed, envy, selfishness, and other moral failings to flourish. Popular writing on capitalism, […]
Americans are poorer: the United States Misery Index rises again By: Daniel Lacalle I frequently receive comments about the strength of the United States economy and the unfairness of perceiving things as less than stellar. […]
By: Daniel Lacalle Deficit spending is not a growth tool. It is the recipe for stagnation. The latest Congressional Budget Office (CBO) budget and economic outlook estimates show the extent of the challenges of the […]
By: Wanjiru Njoya When socialist schemes fail, as they inevitably do, our attention is immediately drawn away from the destruction they cause to the “good intentions” behind the schemes. They meant well. Their good intentions […]
By: Wanjiru Njoya In his 1949 book The Road Ahead: America’s Creeping Revolution, John T. Flynn warns about the “great tides of thought and appetite that run unseen deeply below the surface of society.” These […]
Wokism, Marxism and the Failures of Academic “Liberalism” By: Wanjiru Njoya Ludwig von Mises’s 1927 book Liberalism: In the Classical Tradition is increasingly important in a time when so many conflicting ideologies march under the […]
Why the US Debt Is Unsustainable and Is Destroying the Middle Class By: Daniel Lacalle In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for […]
The Misery Index Shows Bidenomics is Failing By: Daniel Lacalle One of the most dangerous things that a government can do is present a glossy picture of the economy at a time when families and […]
Central Bank Digital Currencies Are Dangerous and Unnecessary By: Daniel Lacalle The main central banks have been deliberating on the concept of introducing a digital currency. However, many citizens fail to grasp the rationale behind […]
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