Socialism fails because it attempts to replace market-determined prices with central planning.
Daily Analysis
Measuring the Frugality (or lack thereof) of the GOP Governors Running for the White House
Which of the 8 former governor’s running for the Republican nomination has the best record on spending?
Free-Market Reforms Are Needed to Boost Chinese Prosperity and Stabilize the Economy
China’s politicians are undermining prosperity with a system based on cronyism rather than capitalism.
In One Image, Everything You Need to Know about America’s Demographic Challenge
There soon won’t be enough workers to finance the modern welfare state.
A Very Simple Plan to Balance the Budget by 2021
All it takes is a modest amount of future spending restraint.
Economic Freedom in America Is Declining Mostly Because of Creeping Protectionism and the Loss of Rule of Law and Property Rights
America’s free-fall on the list of freest economies.
Scamming Taxpayers at the Patent and Trademark Office
Not doing work must be part of the federal bureaucracy culture.
Bubbles, Easy Money, and Free-Lunch Monetary Policy
Politicians all over the world are exacerbating bad fiscal and regulatory policy with bad monetary policy.
Message for John Kasich and other Politicians: Growth and Opportunity Are Compassionate, not Welfare Dependency
Big-government conservatism undermines economic dynamism by acquiescing to the idea of an ever-growing state.
Bernie Sanders Is (Sort of) Right about Europe Being a Role Model for the United States
America can learn from Europe…such as what not to do.