But it’s also true that their economic policy wasa version of socialism(fascism involvesgovernment controlrather than government ownership, butthe result is the same). Here are two videos from Prager University for those who want more information. First, we can learn about communism and Nazism....
Not only was its public debt to GDP ratio well above its level at the time of the 2010 euro zone debt crisis, there was also little prospect that it could get its debt ratio on a declining path. In addition to having an economy that grows at a snail’s pace, last year Italy ran ...
The prospect of spending the rest of his life in Cuba, or Ecuador, or Venezuela seems like a poor alternative. Does Snowden really exist? I started to realize that we suddenly knew a great deal about very little. Virtually every photo we see of Snowden is from the interview. He can't ...
Libertarians – and economists – haven’t done a good job of explaining the benefits of free trade. Telling the man on the street that free trade is a fundamental truth has not worked. “Democracy” is anothermajorissue; people throw the word around like a baseball, but its fundamentals a...
I am terrified about the prospect of more protectionism. If Trump merely targeted China, it might be possible to justify his actions because of national security. But he wants to be “Tariff Man” for all cross-border commerce. Didn’t work for Hoover. Won’t work for Trump. I desperately...
First, big increases in spending and government deficits raise the prospect of future tax increases. Many people understand that increased spending must be paid for sooner or later. Meanwhile, President Obama makes certain that many more will reach that conclusion by continuing to demand permanent ta...