Commentary: Life Among the Academic Radicals

by Evan Osborne   For almost a quarter century I have been a professor of economics at Wright State University in Dayton, Ohio. After years of working there, I have learned something about how my department’s academic radicals, who by dint of personality but not numbers have near-decisive control over…

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Amazon’s New Move Will Gentrify Neighborhoods

by Alexandra Staub     When large companies move into an area, politicians often proclaim how the new business will create jobs, increase tax revenues, and thus lead to economic growth. This is one reason local governments offer tax incentives to businesses willing to move in. Amazon’s decision to locate…

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Globalist Sen. Lamar Alexander Bemoans President’s ‘Shot to the Foot’ From Tariffs

Lamar Alexander

Sen. Lamar Alexander (R-TN) bemoaned President Trump’s “shot to the foot’” over tariffs on Fox News’ Journal Editorial Report. Tennessee’s senior senator, praising globalism, introduced the Automotive Jobs Act of 2018 Wednesday to delay the tariffs. He said, “Zero tariffs is exactly the right policy.” He also called for an…

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Three Ways Milton Friedman Improved the Field of Economics

Milton Friedman

by Luis Pablo De La Horra   Milton Friedman is probably the most important free-market thinker of the twentieth century. His ideas in defense of capitalism and economic freedom had an enormous influence on the shift towards free-market policies that took place from the 1970s onwards. Countries like the UK, China,…

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The Left’s Delusions on Economics and the Slow Decline of Human Employment

Steve Gill

During Monday’s broadcast of The Gill Report – live on WETR 92.3 FM in Knoxville – conservative political commentator and Tennessee Star Political Editor Steve Gill questioned whether the left truly understands the dynamics of equality and economics and how mandating the rise of minimum wage may inadvertently deplete a human…

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Memphis, Knoxville Among Worst Cities, USA TODAY Says of Towns It Calls Home

Memphis

Media giant Gannett has compiled a list of what it says are the 50 worst cities to live in, and some of the top locations are towns where it operates newspapers, including two in Tennessee. USA TODAY compiled the list using data from 24/7 Wall Street, a website that publishes…

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Commentary: The Absurdity of Keynesian Economics

John Maynard Keynes

by Roger W. Garrison   The economics of John Maynard Keynes as taught to university sophomores for the last several decades is now nearly defunct in theory but not in practice. Keynes’s 1936 book, The General Theory of Employment, Interest, and Money, portrayed the market as fundamentally unstable and touted government as…

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