Economics

"Deadweight loss occurs when something intervenes in the market and shifts the equilibrium price. Price ceilings, price floors, tariffs, and other externalities can create these pockets."

Socialist Democrat. That title rings loudly today, and everyone in America knows the word. Unfortunately, not everyone has a real idea of...

Interest Rates What are interest rates? Lenders sell money in the form of loans. When they do this, there is a charge for this money,...

I continue to see a lot of people all over the internet say that we need to "bring these jobs back from China, and...

"A recent analysis conducted by the right-leaning organization “Tax Foundation” has found that the Trump tariffs have had an impact on consumers, which is something we all knew was going to happen. What this analysis focuses on, specifically, however, is exactly who is impacted the most of the consumers that have taken a hit. Those hit the hardest? Lower- and middle-class families."

This article was initially posted on The Principled Libertarian. We received permission from the author to re-post the content here. Please visit The Principled...

"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."

"Either way, its good to finally see some big moves towards some actual competition for Valve and their Steam storefront. They've been becoming stagnant in recent years by allowing very poor quality games into their store as well as dragging their feet by developing a much-needed interface update for their storefront." Writes Malcolm Ault.

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

As hurricane Dorien makes its way towards the East Coast, we’ve begun to see the regular preparations get underway. People boarding up their houses...