On economic illiteracy and government debt
When governments run deficits, paying for current programs with borrowed money, they impose burdens on future taxpayers. Those unlucky souls have to repay that money, with interest. How do they…
The war on plastic straws
New York City has any number of problems that need attention. One that isn’t a problem is…plastic straws. But the city council, in what passes for wisdom, has decided to…
Supply and demand spur confusion inside the White House
Inflation tends to bring out the worst in government. Whether it’s the Nixon administration’s absurd effort at wage and price controls, or Jerry Ford’s “Whip Inflation Now” buttons, or Jimmy…
Millionaires plan a heist of billionaires’ wealth
The desire of some to expropriate the wealth of others – all in the name of doing good – is not a new story. But one of the more recent…
Biden bends the knee to OPEC
In his effort to make the nation relive the 1970s, President Joe Biden issued an appeal to OPEC (remember OPEC?) to pump more oil in order to fight rising global…