By: William Anderson Ever since winning the Nobel Memorial Prize in “Economic Science” in 2001, Joseph Stiglitz has been a one-man advocacy band for growth of the state. After 9/11, for example, he called for the formation of a federal agency to provide security for airline passengers, which he claimed would send a “signal” for […]
Austrian Economics
3 Ways Bernie-Care Makes Canadian Healthcare Look Good in Comparison
By: Ryan McMaken Canadian healthcare has become something of a byword for the “ideal” in healthcare among certain activists in the United States. Bernie Sanders, for example, has relentlessly pressed for a Canada-style healthcare system, and many left-of-center Americans advocate for the same. Not surprisingly, though, few details of how the Canadian “single-payer” system works […]
Week in Review: November 5 to November 11
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: ELECTION EVE: Will the Democrats regain control of the House? It’s the economy, stupid – What voters might be looking at on Election Day FAIL: MSNBC, CNN have […]
WAR ON WASTE: How capitalists created a new industry
By: Chris Calton Perhaps the most commonly referenced historical image invoked by people who wish to demonstrate the need for government interventions to protect the environment from private industry is that of the Chicago River in the nineteenth century. By the end of the Civil War, Chicago had the largest stock yard in the country, […]
Gender earnings gap explained AGAIN by preferences
Well, this is more bad news for the feminist movement that thinks there is a patriarchal conspiracy. Despite the myriad of evidence to suggest that there isn’t some nefarious scheme being perpetuated against women, and that the 23-cent pay gap is merely a myth, feminists continue to spout the nonsense. Once again, we have evidence […]