Written by Nicholas Freiling
Employment law is a mainstay of state economic policy. Few question its efficacy as a means to correct “market failures”—like unlivable wages for meaningful work—that would leave society in shambles. In fact, no serious debate exists among American policymakers about the benefits of such laws. ...
Written by American Dream
China is wiping the floor with the United States on the global economic stage, and most Americans are so clueless that they have absolutely no idea what is happening. The number one global economic superpower is in anadvanced state of decline, and the number two global economic superpower is ...
Written by Frank Shostak
At the annual meeting of the American Economic Association in San Diego (January 4–6, 2013), Harvard professor of economics Benjamin Friedman said, The standard models we teach ... simply have no room in them for what most of the world's central banks have done in response to the crisis. ...
Written by Brian Sylvester
Eric Winmill, mining equities research analyst with Casimir Capital, sees great potential for small-cap metals producers and developers in the Americas—home to good infrastructure, skilled workers and great geology. In this Gold Reportinterview, Winmill also explains how "all-in" cash costs are ...
Written by American Dream
Are we witnessing the start of a historic financial meltdown in Europe? In recent days, two massive corruption scandals have greatly shaken confidence in European financial markets. The first involves Spanish Prime Minister Mariano Rajoy. It is being alleged that he has been ...
Written by Thorsten Polleit
"It had come to be accepted that the pigs, who were manifestly cleverer than the other animals, should decide all questions of farm policy, though their decisions had to be ratified by a majority vote."
Orwell, G. (1989 ), Animal Farm, S. 34
Written by Hans Bader
Economic freedom has declined under the Obama administration, and America’s rank has repeatedly fallen on the Index of Economic Freedom and other rankings issued by think-tanks and research foundations. (The Heritage Foundation just releasedthe 2013 Index of Economic Freedom.) In their Economic ...
Written by Mark Thornton
Critics of the Austrian School of economics have been throwing barbs at Austrians like Robert Murphy because there is very little inflation in the economy. Of course, these critics are speaking about the mainstream concept of the price level as measured by the Consumer Price Index (i.e., CPI).
Written by Scott Drenkard
’I've spent a better part of my day today answering media queries about Louisiana Gov. Jindal’s new tax plan, which is detailed here.