In the video above, economist Milton Friedman explains why the government’s “War on Drugs” is immoral and costly, and how it contributes to 10,000 unnecessary homicides per year, helped create the market for “crack cocaine,” protects the “Drug Cartel” and … read more
A tornado with 100 mile winds tore through one of the poorest neighborhoods in Minneapolis on May 22, and many large trees were down on houses, cars, streets and yards (see photo above from this video). The damage was so … read more
From today’s WSJ interview with Robert Doll, Wall Street’s perma-optimist and chief equity strategist for BlackRock, “The Bullish Case for the U.S. Economy“: “As intriguing in this moment of U.S. pessimism is the 56-year-old uber-investor’s long-term bullishness on American companies … read more
Take the 13-question Minneapolis Federal Reserve economic literacy test here. The national results from 1998 show that for 9 of the 13 questions, fewer than half of respondents selected the correct answer.