BankNotes Archive – Current Month

By L. Carlos Lara According To The Kauffman Index of Startup Activity1 the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity is now up more than 12 percentage points higher than in 2009 at the height of the Great Recession. This of course is … Read more

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

No, 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 … Read more

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

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

“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

Embracing and adapting to stress can provide important opportunities for personal growth. By Barry Brownstein My life is messed up, why can’t I get my act together? Most of us have heard a variation of this talk track in our heads, or we’ve heard it from others. If only, we … Read more