By: Jacob Hornberger If economic ignorance among leftists (i.e., liberals and progressives) had no adverse impacts, we could consign it to the ranks of the humorous. Unfortunately, however, such ignorance has very serious adverse consequences, especially on poor people. The classic example of this phenomenon is the minimum wage. This week a liberal website named […]
Austrian Economics
WATCH: Tucker Carlson would ban driverless trucks
Tucker Carlson is the only figure on mainstream television blasting U.S. foreign policy, whether a Republican or a Democrat is in charge. But, for whatever reason, he adopts the populist talking points when it comes to economics. The recent one came in an interview with Ben Shapiro, who is quite sound when it comes to […]
Week in Review: November 19 to November 25
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: COLLAPSE: Market rout intensifies, Dow Jones craters 500 points Will the Federal Reserve stop raising interest rates in 2019? Brown admits Trump was right about wildfires, proposes changes […]
WATCH: Are capitalists destroying capitalism?
Legendary economist Milton Friedman famously said that the biggest danger to the free-enterprise system is enterprise itself. It made sense because large corporations rely on government subsidies, favors, and lobbying to get their way. It’s an interesting analysis, but it’s a correct one, especially when you see a company like Amazon get billions of dollars […]
Week in Review: November 12 to November 18
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: RETIREMENT CRISIS: $400 trillion global public pension shortfall DESPERATE FOR POWER: Hillary Clinton will run AGAIN in 2020, says former top aide Ron Paul: Is Trump’s Iran policy […]