Lessons from Poverty, Inc.

“An underlying theme in basic economics says, ‘offering a product for free can destroy the local economy’” writes Luis Miranda.  Miranda recently watched Poverty, Inc and since seeing the award winning Acton Institute documentary he has shared some of its lessons in an article at The Indian EconomistContinue Reading...

The truth about Cuba’s health care system

When Fidel Castro died last week many on the political left embarrassed themselves by praising the despot. A prime example is Canadian Prime Minister Justin Trudeau who was excoriated for saying that Castro was a “legendary revolutionary and orator” who made “significant improvements” to the healthcare system of his country. Continue Reading...

An 89-year-old’s plea for a job shows the dignity of work

An 89-year-old Englishman has taken out an ad seeking a part-time job, so that he can experience the dignity and independence of work – and get off of public assistance. Joe Bartley, a World War II veteran, caught the UK’s attention after he placed the following advertisement in his hometown newspaper, the Herald Express: Senior citizen 89 seeks employment in Paignton area. Continue Reading...

Kyriarchy and Kuyper

Courtesy Adrian Vermeule at Mirror of Justice, I ran across a word new to me: Kyriarchy. Given the context and my admittedly limited Greek-language skills, I was able to work out the gist of the idea. Continue Reading...

Defending fundamental rights

Life, liberty, and the pursuit of happiness are fundamental rights “asserted in the face of oppression and paid for in blood,” argues Declan Ganley. They “have been the cornerstone not only of American democracy but of western civilization.” Continue Reading...

Financial deregulation expands opportunity

The Dodd-Frank Act became law in 2010, adding more regulation to a banking industry that was already heavily regulated.  The main purpose of this 2,300 page act was to give consumers protection against big profit seeking banks but the unintended consequences prove to be much greater.  Continue Reading...

Who pays the tax?

Note: This is the eleventh post in a weekly video series on basic microeconomics. Who bears the burden of a tax, the buyer or the seller? Or what about the health insurance mandate in Obamacare—does the employer or the worker pay the tax? Continue Reading...