Dr. William Anderson is Professor of Economics at Frostburg State University. He holds a Ph.D in Ecconomics from, Auburn University, Economics. He is a member of the FEE Faculty Network.
Keynesians—and “mainstream” economists in general—wrongly assume that consumption itself is a factor of production.
If the Bonds case tells us anything, it's that the media watchdogs are foxes guarding the henhouse.
Government can no more save the economy by transferring resources to industries that can't stand on their own than the U.S. armed forces could save Vietnam by bombing it into the Stone Age.
Governments can neither fool Mother Nature nor violate the laws of economics.
If Bernard von NotHaus did anything, he exposed the sorry fact that U.S. money is hopelessly debased. If that is proof of terrorism, then anyone who openly criticizes this government and its money is a terrorist.
In New York Times columnist Paul Krugman's world, budget deficits morph into surpluses and savings.
The problem, the Times says, is that government does not tax people enough, nor does it spend enough money.
If clean energy is so wonderful and such a great investment, why do all of these ventures have to be subsidized directly by tax dollars or indirectly by government mandates?
Engage in behavior that this government considers to be politically acceptable and get a free pass to break the law. Everyone else gets to go to prison.
Government policies have encouraged massive malinvestments for more than a decade, and now that same government is blocking the necessary readjustments of capital and resources.
For all the euphoria over the people-driven revolution in Egypt, whatever regime emerges will in the end carry on business as usual.
The world is not a chessboard, and the United States cannot move people around, expecting them to obey.
It's is a good deal -- for ethanol producers -- but it destroys the wealth of others.
Once people believe that government agents protect us, there can be no end to the avenues of “protection” bureaucrats will offer.
If your life is not perfect, sue the government, since everyone knows that it can and should bring perfection to society.
The longer the TSA exists the more likely it (along with other government “security” agencies) will engage in abusive spying on innocent Americans.
Once the government effectively nationalized these institutions allegedly to make them solvent, any notion of real customer service disappeared.
When government is able to criminalize private-rule infractions, there really are no bounds at all on the behavior of the authorities.
I submit that common sense tells us to do away with the agency.
A mathematical formula cannot tell us what the U.S. economy (or any other economy) is going to do next year.
As protests increase against the offensive pat-downs allegedly designed to make flying safer, we really should not be shocked that government employees are abusing air travelers.
A fundamental tenet of economics is that the end of production is consumption. Unfortunately, Keynesian economists seizing the public microphone claim the purpose of consumption is to clear the shelves so producers will have something to do in the future.
As more and more money is pumped into the economy, not only do prices go up, but so do inflationary expectations.
Here's what I want to know: Does Congress matter these days?
The development of the criminal law under Progressivism, which began more than a century ago, is revealing
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April 16, 2040, 11:00 AM