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Posts Tagged: “wealth inequality“
The Cantillon Effect Explained: Why Inflation Helps the State at Your Expense
The Cantillon Effect, named after 18th-century economist Richard Cantillon, describes the way newly created money flows through an economy, affecting different sectors and social classes unevenly. When a central bank like the Federal Reserve injects new money into the economy—often through measures like quantitative easing or low interest rates—this money doesn’t distribute itself evenly. Instead, […]
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Innovation’s Silent Killer: Progressive Taxation
Innovation has a silent killer… a scourge that America has aided and abetted for over a century. Innovative activity is the backbone of the economy. Because of Google, Honda, and Netflix, life is easier for billions of people around the globe. A Stanford study found that up to 85% of economic growth is due to innovation. But what if all […]
Peter Schiff: If They Were Smart, They Wouldn’t Be in the Stock Market
Peter Schiff hit a number of subjects in his most recent podcast, including bitcoin, the stock market, wealth inequality, the Fed and the voting age. He also said we should be thankful for capitalism.
Elizabeth Warren Is a Bad Economist!
According to Elizabeth Warren, we have a problem. And like every good central planner, she believes she can fix it. In fact, Warren has made, “I have a plan for that,” a campaign slogan. These people never learn. They try to micromanage the economy, create all kinds of unseen consequences, blame “capitalism,” and repeat the […]