Trump has taken to calling Kamala Harris a "communist." But a real communist president would be hemmed in by the political class, who wants to keep the profits they’re extracting from us, and limited by a commitment to principles. Harris will not have that problem.
Deirdre N. McCloskey
Krugman-the-textbook-author says price ceilings have terrible consequences. Krugman-the-columnist says they're "reasonable."
When there is an increase in demand a business firm will increase output. In the case of a park, you need more employees to make sure the quality of the product stays high. But, no: Handling throngs of visitors has long been a tough task for
Gene Healy The other week, I did some get-off-my lawn grumbling about “libertarians these days.” When Donald Trump came down that escalator, I suggested, he didn’t just scramble everyone else’s brain: he took up rent-free residence in the libertarian mind as well. One faction of the movement
Keynesian economists claim that the economy needs at least 2-3% inflation in order to avoid business cycles. But these inflation rates over time are economically ruinous and they actually harm economic growth.
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