People in wealthier nations, on average, live longer and better lives than residents of poorer nations. …government policy makers should … More
Category: Keynesian Economics
Everything You Need to Know about Statism in One Story | International Liberty
Here’s a story from the Washington Post that will forever symbolize the utter failure of statism. It seems that big government can even ruin … More
Everything You Need to Know about Assigning Blame for the Great Depression, Captured by a Cartoon | International Liberty
Keynesian Economics and the Fallacy of Boosting Growth by Destroying Wealth | International Liberty
Yet Keynesian economics has “perplexing durability,” probably because the theory tells politicians that their vice of profligacy is actually a … More
Will Trumponomics Mean More Freedom and Prosperity? | International Liberty
I was sitting directly under a television in a Caribbean airport yesterday when Trump got inaugurated, so I inadvertently heard … More
Venezuela and Santa Claus vs Thomas Sowell and the Little Red Hen | International Liberty
In the short run, though, the Venezuelan government gets to play Santa Claus. At least for 2016. But it won’t … More
Comparing the cost of living between 1975 and 2015: You are being lied and fooled when it comes to inflation data and the cost of living.
Inflation is widely misunderstood by the public. Even economists tend to have a hard time coming to a general agreement … More
The Myth and Reality of Trickle-Down Economics | International Liberty
…allowing everyone to pursue all the opportunities they can in the marketplace, with the minimal level of taxation and regulation, … More
