European Shadow Unemployment Is a Real Problem
There is an undeniable negative trend in European employment and wages that is a direct consequence of constantly increasing intervention in the
Why Mises’s Theory of Economic Calculation Still Is Relevant Today
Until the publication in 1920 of Ludwig von Mises’s work on the problem of economic calculation in socialism, there was no scientifically
Record Low Unemployment Indicates Trouble Ahead
Mark Thornton discusses the history of record low unemployment rates and the business cycle. See "Unemployment Rate" (UNRATE) from the Federal Reserve Bank
Yes, the Minimum Wage Harms the Economy
The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not
Managing Money Is as Important as Making It: The Sad Case of Athletes Going Broke
Lacking a solid team is a recipe for organizational failure, and those intending to excel in business—or any other sector—must invest in
The New Rules of Engagement
All people of goodwill have an obligation to fight the escalation of politics in American life. Original Article: "The New Rules of Engagement" This
Producers Should Reject Calls to “Give Back”
All too often we are told that government employment equals selflessness and working for profit constitutes greed. It's time to reassess the
Central Banks Turn to Gold as Losses Mount
The only reason central banks buy gold is to protect their balance sheets from their own monetary destruction programs; they have no
Subsidizing Higher Education Is Not Creating Widespread External Benefits
President Biden’s student debt relief proposal created a storm of controversy. That is not surprising, since it was a transparent (and apparently