What individual, group, or power is sovereign in economics? What is the final court of appeal? Economic theory alone cannot decide this, and this is an important judgment. It will fundamentally altar economic theory. For instance, Socialist economists would say … Read More
Author: NT (Page 1 of 10)
The Ron Paul Curriculum is, in my opinion, truly amazing. It has so much to offer for any student. It helps students develop many incredibly important skills that will be a great boon in life. I am optimistic about my … Read More
In the beginning of the 21st century the United States invaded Afghanistan and Iraq, but was it worth it? The war was incredibly expensive in terms of lives and money. It cost a total of $4 trillion in lifetime expenses, … Read More
There are many people out there, especially conservatives, who view themselves as supporters of the free-market. However, many of these people also favor protectionism. In other words, they favor tariffs and import quotas placed on imports to benefit the economy. … Read More
Protectionists are sly. They don’t have any logical arguments for their position. All they can do is spit out rhetoric and slogans and hope they persuade the public. As futile as this may seem, it sadly often works. One of … Read More
Why is it important to study literature? Everyone has to do it. There are courses on literature in every high school and college out there. So, should we study literature for its own sake or does it offer something more? … Read More
I have a simple question for all defenders of tariffs. If tariffs benefit the economy, why shouldn’t we place them at every state, county, or even household border? I hope this idea sounds crazy because it is. Obviously everyone would … Read More
Import quotas like their brother tariffs are one of the unholy spawns of Protectionism. They do not benefit most people; they are designed to benefit special interest groups. They protect inefficient domestic businesses from efficient foreign competitors. Throughout this process, … Read More
Today, it is easy to figure out that free-market ideology is not popular. Most people are in favor of one for of interventionism or another. They believe that we need the government to manage the economy. However, if one looks … Read More
The movies To Kill a Mockingbird and In the Heat of the Night are two classic movies made in the 1960s. They both have similar themes; they show the racial prejudice of the era and how wrong it is. Both … Read More