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Frédéric Bastiat

America

Pennsylvania Legislators Want Higher Unemployment, Government Dependency, and Crime

26th June 2023 Patrick Barron 2722 Comments

Last Tuesday, June 20th the Pennsylvania House of Representatives passed a bill to raise the Commonwealth’s minimum wage to $15 per hour by 2026. Although the bill is unlikely to pass the Senate, it seems [more…]

Economics

“Waste not, want not”

9th May 2022 Emile Woolf 3382 Comments

 This proverb spells out the link between waste and impoverishment. Economic Perspectives 112 highlighted the inevitability of massive waste of public money when government expenditure is not susceptible to economic calculation. ”Would I sanction this [more…]

Authoritarianism

The Great Lie of All Tyrants

18th June 2020 Patrick Barron 3104 Comments

The forces of totalitarianism have been chiseling away feverishly at our liberties for many years now. Their efforts have taken the guise of radical equalitarianism (income redistribution), radical diversity (whom one may hire or accept [more…]

America

Why I Want China to Stop Manipulating Its Economy

11th February 2020 Patrick Barron 4076 Comments

In his State of the Union Address–February 4, 2020–President Trump outlined his reasons for punishing nations like China that manipulate their economies in order to achieve some internal policy goal. The president claimed that such [more…]

Emile Woolf, Going Postal
Business

The Gulf Between Rich & Poor

5th November 2019 Emile Woolf 2497 Comments

We are well into the protest season. The long run-up to the election period has been characterised by one protest after another – no-deal Brexit, climate change, arms sales, Tommy Robinson, police brutality, capitalism, Trump’s [more…]

Patrick Barron, Going Postal
America

Is There an Economic Justification for Tariffs?

23rd September 2019 Patrick Barron 2840 Comments

A tariff is a tax on imports that is used to satisfy a policy goal. Before the federal income tax became law in 1913, the US federal government was funded almost entirely by tariffs and [more…]

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