Understanding the Social Function of Private Property

Free enterprise and private property have some rather strange supporters around the world. While professing to be ardent anticommunists, these supporters always advocate some restrictions on private property or free enterprise when proposing solutions for socio-economic problems. The greater the limitations, the more they rejoice. Their justification is always the same: Private property and free … Read more

What Happens When Bailouts No Longer Work?

The dynamics of postmodern economics defies the logic of times past. Everyone use to know that there is no such thing as a free lunch and that flawed financial acts always have consequences. Common sense dictates that national economies should function like home economies. People should not spend more than they make or take unreasonable … Read more

How Common Sense Beats Common Core – Thank God!

The Hoover Institution just issued two studies that should be keeping education policymakers up at night because they fly in the face of the ideology of American education. Many critical assumptions that underlay the “Common Core” debacle are also challenged. One study shows that the “achievement gap” has been mostly unchanged since the mid-fifties. The … Read more