Coins change finances

KLAR: How Good Intentions Inflict a Vicious Cycle of Poverty

Both political parties have been signaling their commitment to addressing the so-called affordability crisis. A recent report suggests that well-intentioned initiatives to increase minimum wages, while supported by a majority of voters, generally have a negative economic effect on those most in need. Good, old-fashioned economics explains why supply and demand do not bend to … Read more

Trump Biden Inflation Rates Powerline

Inflation Reduction Act Will Hurt America’s Middle Class

Democrats, including Sens. Maggie Hassan and Jeanne Shaheen, and Reps. Annie Kuster and Chris Pappas, apparently think that middle-income and poorer Americans are not suffering enough. Their votes for the misnamed Inflation Reduction Act will increase our suffering now; any benefits will be later. The IRA increases the spending that caused today’s painful 8.5% inflation. … Read more

Defense of Free Markets

Defense of Free Markets

There has been way too little defense of free markets. There are many ways in which business elevates humanity. Capitalism is based on doing things for others, things others find value in. Innovation and value creation are inherent in free-market capitalism.

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Treating Disease as a War

Treating Disease as a War?

Should we be treating a disease as a war? Any serious war suspends liberal society.  This means freedoms are lost or face restriction. Is it advisable to have a war on poverty or a war on drugs? If we are fighting a war how is confinement to one’s home honorable? If we are fighting a war aren’t there things for people to do?

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