Job growth was only positive in October because of government jobs, funded by huge federal deficits.
The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually weakens it through its easy money policies.
Greg Penglis interviews Mark Thornton on The Action Radio Show.
Interventionists often claim that market economies naturally lead to monopolies, which mean there is no more economic competition. However, within market processes, there always is competition unless government authorties themselves block it.
Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to do just that, sowing seeds is hatred and discord in the process.
When politics invades our lives, cooperation is replaced with coercion and conflict.