“Welfare State Causes Wealth Inequality — Euro Experience” By Chris Edwards, courtesy of Cato Institute Democrats running for president are condemning wealth inequality while calling for an increase in social spending. But expanding social spending would magnify wealth inequality, not reduce it, because it would displace […]
By Kerry Jackson, Pacific Research Institute While still trying to process the unwelcome news that we’re going to have to grind through yet another year of drought, California energy officials told us to also be ready for the power to go out when the days grow long and warm. “The managers of […]
By Thomas Hoenig, courtesy of the Mercatus Center The federal government and the Federal Reserve have implemented unprecedented spending and monetary policies to combat the economic crisis resulting from the COVID-19 pandemic. These policies, while necessary in the short term, place an ever larger mortgage against the nation’s future income; and extending them […]