Category: Economics

Minimum Wage, Maximum Discrimination

Written by Caleb Fuller

Since the days of Adam Smith, economists have sought a set of social institutions which permit “neither dominion, nor discrimination,” to use Nobel Prize-winning economist James Buchanan’s phrase. In this, economists are joined by all people of goodwill—including those in the Biden administration, which has enshrined equity and inclusion as cornerstones of how they’ll govern.… Continue Reading

“Culturally Responsive Teaching” Standards: Whether They’re Adopted Is Up To You

Written by Honorable Steve Reick

In my last blog post, I discussed the “Culturally Responsive Teaching and Leading Standards” which have been promulgated by the Illinois State Board of Education (ISBE) and which will be considered by JCAR at its February meeting. Rather than reinventing the wheel, I’d ask that you take a few moments to read the post to get the full background.… Continue Reading

Bloody Century, Compliments of Marxism

Written by Ed Vitagliano

Ideas have consequences, and the worse the idea, the more widespread the resulting catastrophe.

The socialist theories of the 19th century – the most influential of which was The Communist Manifesto, written by Karl Marx and Friedrich Engels – led to terrifying slaughter in the century that followed. In terms of a death toll instigated by the mind of man, the 20th century was the worst ever experienced by humanity.… Continue Reading

Why the ‘Green New Deal’ Should Be Painted Red

Written by Robert Knight

People keep talking about how much Rep. Alexandria Ocasio-Cortez’s “Green New Deal” would cost.

Trillions and trillions. But that’s not the point.  It’s all about power.

The self-described Democratic Socialist from New York, is, like her sponsor Sen. Bernie Sanders, a communist in sheep’s clothing.

According to SocialistWorker.org,  “She was recruited to run by Brand New Congress, a political action committee founded by former Sanders staffers, and her campaign was shaped by it, as well as by the DSA [Democratic Socialists of America].”… Continue Reading

Thomas Sowell Warns U.S. May Not Resist Siren Song of Socialism

Written by Douglas Ernst

Thomas Sowell, a living legend in the field of economics, says he fears the U.S. may eventually succumb to the siren song of socialism.

The author of “Basic Economics,” “The Vision of the Anointed,” “The Quest for Cosmic Justice” and numerous other books said the U.S. may very well go down a path of financial ruin due to “wonderful-sounding” rhetoric.… Continue Reading

What a Socialist Really Wants

Written by Bruce Deitrick Price

What exactly is a socialist?  You could spend all day studying encyclopedias and not settle anything. Using various definitions, you could probably prove that anybody is or isn’t a socialist.

So let’s talk to a socialist.  Ignore the verbiage and look inside his head.  When someone announces to the world, “I’m a socialist,” what is that person thinking?… Continue Reading

The Green New Deal is a Trojan Horse for Socialism

Written by Jarrett Stepman

Rep. Alexandria Ocasio-Cortez is ready to tax the rich to make her Green New Deal a reality.

“People are going to have to start paying their fair share in taxes,” the recently elected New York Democrat told TV show 60 Minutes in an interview set to air Sunday.

Speaking of prior decades’ taxation rates in the country, Ocasio-Cortez added, “Once you get to the tippy tops, on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70 percent.”… Continue Reading

Capitalism vs. Socialism

Written by Walter E. Williams

Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is.… Continue Reading