BankNotes Archive – March 2019
BankNotes Articles from March 2019
Want to Improve the World? First Improve Yourself
It sounds insignificant, but don’t underestimate the power that self-improvement can bring. By Tyler Brandt The world is an imperfect place, full of suffering and tragedy. The humanitarian in each of us longs to change the world. For example, maybe you would like to alleviate crippling poverty, disease, or mental … Read more
Read MoreNo, You Don’t Need a $200K College Degree
by Ryan McMaken A female supporter of Bernie Sanders is advertising on Twitter the fact that she went 226,000 in debt to get a college degree in speech pathology. Those who posted the video apparently believe that this ought to be interpreted as a convincing example of how hard it … Read more
Read MoreHow Government-Guaranteed Student Loans Killed the American Dream for Millions
When government-guaranteed checks keep rolling in, there’s no incentive for colleges and universities to lower their prices. In fact, they do the opposite. by Daniel Kowalski In Basic Economics, Thomas Sowell wrote that prices are what tie together the vast network of economic activity among people who are too vastly … Read more
Read MoreWhy Bastiat Deserves to Be in the Pantheon of Great Economic Theorists
His work should be more widely known; it deserves much greater professional respect. By Donald J. Boudreaux Frédéric Bastiat (1801-50) is known today among economists—if he is known at all—as at best a brilliant polemicist. An economic theorist he most certainly was not—such is the common opinion. I believe this … Read more
Read MoreGaret Garrett: The Journalist Who Predicted Americans Would Sacrifice Liberty to a Government Leviathan
“Unless people can reconquer government its bigness will swallow them up.” by Gary M. Galles February 19 marks the birth of a great American individualist, called “one of the most eloquent defenders of freedom in America”—Garet Garrett, who offered what Jeffrey Tucker called “a sparkling vision of peace under free … Read more
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