Many people talk about income inequality and say that it is a big problem. But in reality it is only natural that different people have different incomes. An educated person will get paid differently compared to an uneducated person. Some people are hardworking while others are lazy. A person who has entrepreneurial skills is different… Continue reading Income Inequality
Health care costs have risen over the years due to some contributing factors. Government intervention into the free economy has greatly increased the price of health care. It has accomplished this by regulating the health care sector and interfering in something that is non of their business. When the government mandates that everyone have the full health care plan,… Continue reading Let The Free Market Do Its Job
Foreign aid programs were started to help countries get out of poverty. These programs, however, did not work at all. The countries that took the aid did not recover. Yet the countries that did not get foreign aid recovered quickly and became prosperous. So why was it that the countries that took foreign aid did… Continue reading Foreign Aid Programs
It is said that “All workers have benefited from the existence of labor unions.” But the truth is much different. We all know that labor unions raise wages, and this is said to be good. What is unseen, however, tells a much different story. When wages are raised the business will have to fire some… Continue reading Labor Unions
The most significant contributing factor to the abolition of child labor was the accumulation of wealth. The reason children were sent to work in the first place was because the family desperately needed the money. It was not that the parents wanted to send the children to work, but if they did not, the family… Continue reading Child Labor
Most people think that the government is the one raising the standard of living. But it is really the market economy that is doing the job. The process is simple. A businessman sells a product to his customers. The profit that he gets from selling the item will be saved. Then he will invest his… Continue reading Improvements In The Standard Of Living
The government is involved in many unnecessary and unconstitutional public goods, which are said to benefit the public. But if the government was really trying to help the American people it would stop its unjust taxation, without which they could not support public goods. It is a very big problem when the government taxes its… Continue reading Public Goods
