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11 Ways the Government is Making you Poorer
Photo by 401(K) 2013 Taxes- Americans don’t like taxes very much, but that doesn’t stop them from having to pay them. And there are a lot! There are payroll taxes, income taxes, property taxes, car taxes, sales taxes, luxury taxes, inheritance taxes, gift taxes, and more! When Americans buy a product at a store, they…
The Ramifications of a Welfare State
The main problem with welfare such as unemployment benefits, or government handouts, is that it de-capitalizes the productive members of society and capitalizes unproductive members. The productive members are the entrepreneurs. Those who predict what goods consumers will demand in the future and produce them in the present. When the government imposes taxes, it takes…
10 Historical Leaders Who Financially Ruined Their Countries
“Khufu2” by _Khufu.JPG: byderivative work: Gospodar svemira (talk) – _Khufu.JPG. Licensed under Public Domain via Wikimedia Commons. 1. Pharaoh Khufu of Egypt Khufu was a Pharaoh of Ancient Egypt’s Old Kingdom. He reigned from around 2589 to 2566 BC. Khufu was the second pharaoh of the Fourth Dynasty. He is generally accepted as being the…
Do Sanctions Cause War or Deter It?
At the beginning of the Cold War, George Kennan introduced the idea of “containing” an unfriendly state as part of his work on U.S. policy toward the Soviet Union. Later the idea of containment was implemented in part through the use of economic sanctions. It was based on two assumptions: For both ideological and geopolitical…
8 Unbelievable Ways Government Wastes Your Money
If there is one thing government is good at it’s spending money. Next time vital services are cut during a shutdown, or government threatens to cut veteran benefits, we thought you could think back on some of these government expenses. When a politician tells you there is nowhere else to cut you will know they’re…
Is Price Gouging Fair?
We hear about it all the time. After a natural disaster, or during times of civil unrest such that transpired recently in Ferguson, businesses price gouge items in high demand. Water or a ride away from a dangerous area become expensive commodities. The instinct is to chastise such actions as immoral and selfish. But a…

