“The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both.” — Milton Friedman
How The Welfare State Begins, and Ends
A Cato intern, Silvia Morandotti, used her artistic skills to create two images that show what a welfare state looks like when it first begins...
Some headlines to remember about the Trump tax reform
Yahoo News: “Meet some victims of the Trump tax bill” Washington Post: “10 reasons Democrats think the tax bill will be a political loser for...
What’s the best way to spread the wealth?
I’ve read John Tamny’s Book Popular Economics, and his articles at Real Clear Markets, such as this one: To Redistribute Jordan Spieth’s Wealth, Let Him Keep...
Another Brilliant Trump Appointment May Be John Taylor For FED Chairman
John Taylor, Professor of Economics at Stanford University, may be the next chairman of the FED. That will be a wonderful thing, in my view....
Free markets in everything, including health care and health insurance
Guy walks into a meat market and asks the price of 90% lean hamburger. “$6.95 a pound” says the butcher behind the meat counter. Guy...
The Liberty Movement is Alive and Well
Freedom Fest Shows the Liberty Movement Is Alive and Well Steve Forbes: “Free markets are moral,” Forbes once told an interviewer, “because they’re fundamentally about...
The Nudgian School of Economics
The Austrian School of Economics, as explained by Ludwig von Mises, Frederic Hayek and supported by Milton Friedman of the Chicago School, assumes that people...
A Ducati dealer best place to buy a used Harely Davidson?
Yeah, in some cities anyway. I noticed lots of near-new used Harley’s on the showroom floor of my Ducati dealer. I thought that was odd...
The $15 minimum wage paradox
Economists know and have been telling everyone who will listen that the mandatory minimum wage is a paradox because it hurts the very people it...