Economics


Homeless, Not Helpless

Somewhere between 2 and 7 million people in America are homeless or sharing accommodations with another family. The most commonly suggested solution for this issue is to increase government assistance. Some will suggest greater incentives to provide low-cost housing, some recommend education programs to open more employment opportunities, and others […]


U.S. Banking Before the Civil War: Wildcat or Restricted?

In order to address the claims made by typical mainstream layman and economist alike, we must first briefly outline how the modern American monetary system came about. Prior to the establishment of the United States, this geographic area was settled by scattered groups of primarily English and Spaniards.  As will […]


Made in America 1

At an economics convention I attended some time ago, one of the attendees attempted to convince me that the primary reason for the decline in the aggregate U.S. economy was a reduction in domestic manufacturing.  “We don’t make anything anymore,” he told me.  This is a very common fallacy which […]