How many bureaucrats are there in the world? The global population currently numbers more than 7.5 billion people. Out of that number it is estimated that the global labor force equals almost 3.5 billion, or a half a billion ...
Another partial federal government “shutdown” began on December 22, 2018. The impression from the media and other commentaries easily suggested that the political and economic sky was about to fall. Various government departments were closed and some government services ...
It has been more than 80 years since the beginning of the Keynesian revolution in economics with the publication of John Maynard Keynes’ The General Theory of Employment, Interest, and Money in 1936. During those eight decades many defenses ...
Friedrich von Wieser (1851-1926) was one of the leading contributors in the “second generation” of the Austrian School of Economics. This memorial appreciation of Carl Menger, the founder of the Austrian School, was published in German not long ...
When a small child runs around waving their arms saying, “I’m a bird, I’m a bird,” we often will say what a creative imagination they have. If an adult runs around doing the same, we usually say that that ...
Over time, words sometimes change their meanings or connotations. Think of the words naughty and nice. Apparently, naughty originally meant to have or be nothing (naught or zero), but then it took on the extra sense of something being ...
Understandably, the problems and politics of the moment dominate the news and attract the attention of most policy commentators and much of the public. Will there be another government shutdown, will House Democrats attempt to impeach the president, will ...
Why is it so difficult to win the case for freedom in modern American society? A variety of possible answers come to mind. The collectivists are more effective in appealing to people’s emotions. The interventionist-welfare-statist argument is easier to ...
We are all familiar with the phrase, “He is on a mission.” When said, the connotation may be positive or negative, but either way it is presumed that the person in question is pursuing a greater purpose from a ...
The philosopher George Santayana is credited with the phrase “Those who cannot remember the past are condemned to repeat it.” Never was that truer than today in the face of the reborn belief in some notion of a “democratic” ...
