The Case for Unilateral Free Trade

How's the trade war treating you? A lot of people had hope it would be coming to an end soon, but well, they forgot how unpredictable President Trump is (and how economically illiterate). Now, instead of doing what pretty much every article out there is doing (pointing out that trade barriers hurt us), I'm going … Continue reading The Case for Unilateral Free Trade

Advertisements

No Joe Biden, the assault weapons ban did not work.

Presidential candidate Joe Biden just did an op-ed in the New York Times on his desire to see assault weapons banned. In it, he argued that the assault weapons ban (a ban that really just banned the sale of such weapons) that was passed back in 1994 did indeed work. Unfortunately for Mr. Biden, there … Continue reading No Joe Biden, the assault weapons ban did not work.

One of many holes in the scapegoating of capitalism as the cause of the recession

Given what the media talks about when it comes to recessions, you could not be blamed for mistakenly believing that the '07 market crash, housing crisis, and overall economic contraction was ultimately caused by "corporate greed." Many of you probably came out feeling very disturbed after watching The Big Short, just as I did. How … Continue reading One of many holes in the scapegoating of capitalism as the cause of the recession

Medicare-for-All would not be more administratively efficient than private insurance

As we all know, Bernie Sanders recently announced his campaign for the Democratic Party's presidential nomination. This is despite the fact that he no longer stands out in a crowd of Democrats for his ideas. Based on what several candidates have said, his ideas seem to be mainstream, particularly Medicare-for-All. Proponents of this idea, including … Continue reading Medicare-for-All would not be more administratively efficient than private insurance

A Concerning History of the Minimum Wage

The consequences of a minimum wage increase, for some reason, still remain ambiguous at best in the eyes of the pro-minimum wage crowd, despite evidence that suggests exactly what most economists already knew-a higher minimum wage creates unemployment. (I often wonder how liberals argue that we should buy into climate change claims because the vast … Continue reading A Concerning History of the Minimum Wage

Importing drugs from Canada and drug price negotiating with Medicare would have unintended consequences.

Prescription drug companies have been vilified, especially over the past few years, and rightfully so. They charge outrageous amounts on drugs that continue to be over-utilized. In response to this, many politicians have proposed policies to lower the costs of such drugs in the American market. Many Democrats, including Vermont Senator Bernie Sanders (VT-I), have … Continue reading Importing drugs from Canada and drug price negotiating with Medicare would have unintended consequences.

More Good News: Trump may soon withdraw troops from Afghanistan

Just after President Trump recently announced plans to withdraw troops from Syria, he reportedly is also considering plans to withdraw troops from Afghanistan, where the U.S. has roughly 14,000 soldiers deployed. Make no mistake, this is wonderful news. The U.S. has maintained military a presence in the country since 2001 (not to mention the indirect … Continue reading More Good News: Trump may soon withdraw troops from Afghanistan

Just a healthy reminder: We’re about to hit 22 trillion dollars in the red

As talks continue on Capitol Hill over how to spend the taxpayers' money, our government inches closer and closer to a record 22 trillion dollars in debt, and it only looks worse from here. Republicans talk of propping up our already inefficient defense spending, while democrats talk of expanding social security and medicare. Of course … Continue reading Just a healthy reminder: We’re about to hit 22 trillion dollars in the red