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 […]
Free trade is an interesting phenomenon. Considering it in the literal sense, one would think that free trade meant the unrestricted trade of goods without tariffs, taxes, quotas, or other arbitrary restrictions. Unfortunately, the term “free” has been hijacked at some point in our history and now means “not quite […]
I generally despise receiving forwarded emails. More often than not they include six pages of email addresses the message was previously sent to and then a very short message about how I need to forward this on to my friends or suffer pain and torture for the rest of eternity. […]
What is America? What does it stand for? The most common description given for the United States involves some form of the ideas of liberty and justice for all men. But what does this actually mean? Are these purely subjective or can they be objectively measured? And most importantly, are […]