Economics

"Socialism can only reach its stated goals through evolving into totalitarianism. It will look drastically different than what the goodwill socialist envisions. It will be closed-minded and nationalistic."

"If your goal is to create a prosperous society that manages scarce resources efficiently, then it’s time to kill the Canada Summer Jobs program and all other “make work” programs."

"When it comes to calculating our fair share, we would need surely to assess the benefits of how society is arranged and the ways we inherit and gain from the aspects that fall to our favor, no? Frankly, no."

"The reality is that some professions – due to technological, social or cultural advancements have gone the way of the dodo. Although labor shortages and unemployment aren't an issue specific to any single industry, these issues are no more prevalent in the retail sector."

"One issue that both the Misesian and Proudhonian varieties can use to promote freedom is the deregulation of the banking industry."

"Yes, the stock market is going up now... just like it did right before the 2007 market crash. And by March 2009 it had lost 54% of that value. History is repeating itself."

"What I see happening is that unless newer fields emerge that are of interest to people (since this scenario has enough base costs covered to not really need to work), and assuming this somehow doesn’t turn into some form of Star Trek socialism, I believe that we’ll move from a service economy into more of an entertainment economy."

"On the surface, there’s a good chunk of ideas that could sit quite well with libertarians and many of the goals and changes we’ve wanted to see for years. Unfortunately, there’s a lot on the other side of this equation that needs a look over."

Floods devastate Nebraska, Beto joins the crowded 2020 field, and Donald Trump issues the veto of his presidency. This is the last week in...

"In a series of consecutive crunch votes in Parliament, the House of Commons have voted to request the European Union extend Article 50, thereby delaying Brexit until June."