News From London, Ontario, And Beyond
Bringing You A Different Perspective – Peace And Prosperity Are Maximized Through Free Markets, Not Through Suffocating Governments
April 9, 2020 – Claus Wiemann Frølund …… Noneconomists struggle to realize that scarcity results in the necessity of tradeoffs. During the COVID-19 pandemic, this difference in thinking causes them to wrongly accuse economists of “prioritizing money over lives.”
April 2, 2020 – Matthew Tanous …… What needs to be done in such a crisis is not to attempt to steer the market to ensure it provides what is needed, but to let it free to do what it always does: match the goals of entrepreneurial producers with the needs of the populace.
March 31, 2020 – Hunter Hastings …… We are about to enter a production slowdown—a collapse, really—not because some businesses miscalculated their investments, but because government intervened drastically and without warning to shut down many businesses.
March 22, 2020 – Zilvinas Silenas …… True economic resilience comes from the ability to adapt to changes, not ignoring or masking them.
March 16, 2020 – Ben Johnson …… The basic economic truth is that competition improves results.
March 9, 2020 – John Phelan …… In a book on prohibitions, John Meadowcroft of King’s College in London offers several “generic lessons and implications” of the practice. Hint – prohibition does more harm than good.
March 5, 2020 – Lee Friday …… Private property should NOT be subject to government heritage protection. It is morally wrong, and economically counterproductive.
March 4, 2020 – Lawrence W. Reed …… The first few years of Plymouth colony were fraught with hardship and hunger. Economics had a lot to do with it.
March 3, 2020 – Gor Mkrtchian …… Even if it’s true that some wouldn’t be able to afford schooling without government financial assistance, the idea that this necessitates the government creating and running its own schools is a glaring non sequitur.
March 2, 2020 – Per Bylund …… Anticapitalists often complain that people with more money exercise power over people with less money. Yet these same people seem oddly untroubled by the fact that central bankers can manipulate the money supply at any time to enrich themselves at everyone else’s expense.