Category: Poverty
Watch “John Stossel – Influence of Milton Friedman” on YouTube
Milton Friedman’s core message was that personal freedom and economic freedom go hand in hand. Pursuing life, liberty & happiness must be accomplished by individuals, and can’t be granted to us by bureaucrats or gov’t programs. Milton Friedman understood this …
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Bernie Sanders Gets a Lesson in What a $15 Minimum Wage Would Mean – Reason.com
“…it’s telling to see how Sanders’ campaign responded to the allegation that the Vermont socialist is not putting his money where his mouth is. In a statement, Shakir stressed that Sanders’ campaign “offers wages and benefits competitive with other campaigns, …
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Bad Ideas Are Spreading Like the Plague – Reason.com
At the very moment we succeeded in banishing a deadly affliction from our country, in other words, people began eschewing the measures that made this medical miracle possible. Socialism, too, is having an American renaissance. As with measles, if it’s …
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Homelessness and the Failure of Urban Renewal | Mises Wire
In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its …
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Watch “Milton Friedman – The Robber Baron Myth” on YouTube
“Robber Barons will always be with us. The crucial question is whether we have a form of economic organization in which one robber baron keeps the other robber baron in check. Or whether we have a form of political & …
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Sorry, Bernie Sanders, but Disney Doesn’t Have To Apologize for Making $1.3 Billion with Avengers: Endgame – Reason.com
“More importantly, if you care about improving the quality of life and living standards over time, the essential question is always about creating broad-based, sustainable economic growth. What are the conditions that are most likely to help the economy get …
Watch “Milton Friedman – The Robin Hood Myth” on YouTube
The Political Dogma: Government social “reinvestment” programs benefit the poor at the expense of the wealthy. The Political Reality, as instantiated by Director’s Law: Public program expenditures primarily benefit the upward rising middle classs at the expense of the wealthy …
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