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The federal government is moving into the final stages of its fiscal life. Deficits have gotten so enormous that the Federal Reserve simply prints the money the government needs. Why? Because that’s the only option left on the table. For years, we...
Few people in history have seen more jobs up close than Mike Rowe, the longtime host of the Discovery Channel’s hit TV show Dirty Jobs. Now the blue-collar icon has a message for those who say “non-essential” employees have no business working...
In 2015 The New York Times profiled Liz Kelley, a Missouri teacher and mother of four who owed the federal government $410,000 (and counting) in student loans. Kelley’s borrowing was not as remarkable as one might think—most of the debt was...
In the 1960s, Milton Friedman reportedly visited a construction site in a foreign country. To his surprise, the canal builders used no heavy machinery and instead armed thousands of men with shovels. He questioned the bureaucrat about this odd...
There is plenty of anecdotal evidence that communism leads to tyranny. Mention the countries North Korea, Cuba, the Soviet Union, Mao Tse Tung’s China, East Germany, and Venezuela, and most people immediately think of an oppressed population with...
On June 16, 1992, London’s Daily Telegraph reported this astonishingly bold remark by former Soviet leader Mikhail Gorbachev: “Jesus was the first socialist, the first to seek a better life for mankind.”1 Perhaps we should cut...
“The 2010s have been the best decade ever. The evidence is overwhelming.” Those are the words of Cato Institute senior fellow Johan Norberg, penned in an op-ed for the Wall Street Journal. Norberg’s words seem hyperbolic at first glance, but he may...
To dislike a person because of the color of his skin is racism. To scorn someone because of her same-sex preference is homophobia. To disdain for reasons of gender is sexism. To frown upon people because of their foreign origins is xenophobia. Such...
