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Harvard Business Review: Minimum Wage Hikes Led to Lower Worker Compensation, New Research Shows

Estimated Reading Time: 3 minutes

New research published in the Harvard Business Review reveals (once again) that minimum wage laws achieve unintended results. Opponents of minimum wage laws tend to focus their criticism on one particular adverse consequence: by artificially raising the price of labor, they reduce employment, particularly for the most vulnerable in society. “Minimum wage laws tragically generate […]

MIT Data Scientist: Lockdowns Not Correlated With Fewer Deaths (But Are Correlated With More Unemployment)

Estimated Reading Time: 3 minutes

Coming to grips with the failure of lockdowns is important for several reasons. Dozens of studies show that lockdowns were an ineffective pandemic response. The list just got longer. In May, Youyang Gu, an MIT-trained engineer, and data scientist released data showing that government restrictions were not correlated with lower COVID mortality in America. Government restrictions […]

Bitcoin Uses Half the Energy of the Banking System: New Paper

Estimated Reading Time: 5 minutes

Editor’s Note:  This discussion of bitcoin or any other use of  electrical power  presupposes the existence of a connection between some types of power production and climate change.  We are not convinced of that connection.  Secondly, once gold is mined, no further energy is needed for it to  function.  Gold is created in nature.  We […]

‘No Evidence’ That Gun Buyback Programs Reduce Gun Violence, New Economic Study Finds

Estimated Reading Time: 4 minutes

The latest research dovetails with previous studies that found gun buyback programs were ineffective but popular with the public Shortly before Christmas in 2018, a woman named Darlene voluntarily turned in a 9mm pistol to the Baltimore Police Department. It was just one of about 500 firearms the department collected that day as part of […]

The US Government’s Debt-to-GDP Ratio Is Worse Than Greece’s Before the 2008 Crash (And It’s About to Get Worse)

Estimated Reading Time: 4 minutes

The US is in uncharted debt territory. That should worry us. President Biden on Wednesday pitched a new plan to Americans before a joint session of Congress: more spending. The just-released $1.8 trillion plan, presented just weeks after Biden signed a $1.9 trillion in COVID relief spending into law, includes “free” community college as well as […]

New Study Reveals That Stay-at-Home Orders Backfired. Here’s Why

Estimated Reading Time: 4 minutes

US households had the highest COVID-19 transmission rates, a new economic analysis says. Here’s why. Last summer, NBC News reported that New York state health officials were stunned by the number of hospitalized patients who said they had contracted COVID-19 while staying at home. The data, collected from 113 hospitals who surveyed patients over a three-day span, […]

Economist: Lockdowns ‘Greatest Peacetime Policy Failure’ in Canada’s History

Estimated Reading Time: 3 minutes

Canadian economist Douglas Ward Allen recently ran a cost-benefit analysis of lockdowns. The trade-off hardly seems worth it. Earlier this month, Dr. Anthony Fauci, the top infectious disease official in the United States, struggled to explain why COVID cases and deaths in Texas were continuing to fall even though the Lone Star State had lifted the […]

Sweden Saw Lower Mortality Rate Than Most of Europe in 2020, Despite No Lockdown

Estimated Reading Time: 4 minutes

New data from Europe suggest Sweden’s laissez-faire approach to the pandemic was far from catastrophic. Few people in 2020 came under more heat than Anders Tegnell, Sweden’s top epidemiologist. But the man who forged Sweden’s laissez-faire approach to COVID-19 early in the pandemic says new international data reveal a hard truth about government lockdowns. “I think people […]

The Myth That the US Leads the World in Mass Shootings

Estimated Reading Time: 3 minutes

To understand the misleading narrative, we must look to the era of narrative-driven journalism and the politicization of society, both of which subjugate truth to ideology and politics. If you asked me this morning which nation has the most mass shootings in the world, I would have said, with perhaps a flicker of hesitation, the […]