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December 13, 2019

The cautionary tale of ‘government cheese’

When President Jimmy Carter first took office in 1977, America’s dairy farmers were struggling. Throughout the economic disruptions of the 1970s, the country had seen a shortage of dairy products, followed by a 30% spike in prices (due to government-inspired inflation), followed by a drastic decline in prices (due to government-inspired intervention). Continue Reading...
December 12, 2019

How would Jeremy Corbyn change the UK?

American observers may know that Jeremy Corbyn wishes to fundamentally transform the British economy and reshape the special relationship between the U.S. and the UK. “Is it moral to confiscate people’s property and deny the elderly the right to control their own property?” asks Rev. Continue Reading...