Free Market Miracle Chile vs. Socialist Disaster Venezuela

The story of Chile’s success starts in the mid-1970s, when Chile’s military government abandoned socialism and started to implement economic reforms. In 2013, Chile was the world’s 10th freest economy. Venezuela, in the meantime, declined from being the world’s 10th freest Continue reading Free Market Miracle Chile vs. Socialist Disaster Venezuela

The Equality Equivocation – The Objective Standard

In a statement Wednesday, the Libertarian Party said this is a flawed system. “Despite previously set precedent, and a nearly 100 page document detailing what constitutes a vote in Washington State, the state will not evaluate write-in ballots for their Continue reading The Equality Equivocation – The Objective Standard

Economics Nobel For Exploring The Central Contention Of Economics – Incentives Matter

And it’s Glen Whitman who gave us the two things about economics:“Okay, here are the Two Things about economics. One: Incentives matter. Two: There’s no such thing as a free lunch.”That second can also be stated as “there are always Continue reading Economics Nobel For Exploring The Central Contention Of Economics – Incentives Matter

The End of Overkill? Reassessing U.S. Nuclear Weapons Policy | Cato Institute

security does not require nearly 1,600 nuclear weapons deployed on a triad of systems—bombers, land-based intercontinental ballistic missiles (ICBMs), and submarine-launched ballistic missiles (SLBMs)—to deliver them. A smaller arsenal deployed entirely on submarines would save roughly $20 billion annually while Continue reading The End of Overkill? Reassessing U.S. Nuclear Weapons Policy | Cato Institute