We Don’t Need the Department of Commerce
Let business fend for itself, competitively serving consumers rather than lobbying for government privileges.
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Free Markets Reduce Consumption Inequality
We’ve heard that “there ain’t no such thing as a free lunch.” But in the internet age, free stuff abounds.
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The United States Again Fails to Make the Top 10 Freest Countries
The United States 11th among the 159 countries and territories surveyed.
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Repeal NAFTA and Replace It With Free Trade
The “FT” in NAFTA may stand for “free trade,” but that doesn’t mean it is.
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To Really Cut Taxes, We Must Cut Government Spending
Cutting taxes, which President Trump promises, without cutting spending would increase the budget deficit and therefore the national debt and interest payments.
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Harwood vs. Keynes
Inflation “robs millions of citizens who in their desire to be self-reliant have set aside funds for the education of their children or their own retirement, and it hits many of the poor and elderly especially hard.”
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Whose Money Is It?
Tax debates might have better outcomes if we began by acknowledging that the politicians take the money from the people who earn it. It’s not the politicians’ money. It’s ours.
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Bicentennial of Ricardo’s “Principles” Relevant to NAFTA Debate
David Ricardo’s classic book extolling free trade turns 200 years old this year. Its rediscovery could do much to improve current trends.
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End Government Borrowing
The ceiling is often likened to a credit-card limit, but that’s a bad analogy. The federal government doesn’t have a debt limit at all. It has a debt sky.
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Cost-of-Living Adjustment Likely to Be Small
Retirees are likely to see a positive but very small cost-of-living adjustment in their Social Security benefits next year.
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Despite Appearances, “Price Gouging” Helps People in Distress
Do we want to feel good, or do we want people to have the goods they need?
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A Tale of Two Responses
“The first principle of economics is that valuable resources are scarce; the first principle of politics is to ignore the first principle of economics.”
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