Category: Economics
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Federal grants seen to raise future local spending
Not only are we taxed to pay for the cost of funding federal and state grants, the units of government that receive grants are very likely to raise their own levels of taxation in response to the receipt of the grants. This is a cycle of ever-expanding government that needs to end, and right now.
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Public opinion on debt ceiling and government spending
While the economic future of the United States seems grim, the encouraging news is that large swaths of Americans are starting to understand the reality of the situation and what must be done to place our economic house in order.
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Speculators, by profiting, provide a service
When speculators earn profits, they are at the same time providing a valuable public service.
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Economic freedom leads to better lives for all, says video
Economic freedom, in countries where it is allowed to thrive, leads to better lives for people as measured in a variety of ways. This is true for everyone, especially for poor people.
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Hazlitt’s ‘Economics in One Lesson’ relevant today
Economics In One Lesson, first published in 1946 and recently reissued by the Ludwig von Mises Institute, explains fallacies (false or mistaken ideas) that are particularly common in the field of economics and public policy.
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Ludwig von Mises: A quick introduction
A short book available online lets readers become acquainted with the ideas of Ludwig von Mises and why his ideas are important to freedom and liberty.
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Economic competition isn’t like sports
Economic competition and sporting competition aren’t the same thing.
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Why Washington only cut $38 billion: A public choice perspective
Public choice economics helps explain why cutting spending is difficult.
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Liberals and economic knowledge
Who might you guess is better informed on issues of economics: liberals who promote government intervention in the economy, or conservatives and libertarians who oppose it?
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There are a lot of government employees
Government employment is growing, at the expense of the private sector and the strength of our economy.