Economics

“Bitcoin has no underlying value in itself. People talk about “investing in Bitcoin” as though it is a company with a profitable business to support its value or a commodity such as oil which is supported by demand for energy. Bitcoin has neither of those features. Its scarcity is purely contrived.” - World

“Dr. Anne Bradley recently presented the first of two webinar sessions in a series called ‘The Christian Economic Model,’ … Her talk kicked off a two-part series exploring what scripture says about economics.” - IFWE

“I asked Dr. Murphy to explain some basic arguments for anarcho-capitalism, the extent of American distrust in the current two-party system, and the current state and strategy of the libertarian movement.” - Acton

“a billion people have escaped extreme poverty since 1990, owing to the embrace of free markets. It’s no coincidence that this dramatic decline in poverty occurred as the Soviet Union’s Marxist-Leninist experiment imploded.” - TIFWE

“Even a global pandemic that induced politicians on both the right and left to usher in unprecedented levels of tyranny, including lockdowns of businesses, churches, and schools, did not raise unemployment and inflation to 1970s levels.” - IFWE

“Seven-in-ten Americans view inflation as a very big problem for the country, followed by the affordability of health care (55%) and violent crime (54%).” - Pew

“Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell to its lowest level in more than 50 years.” - C.Index

“The shrinking of the middle class has been accompanied by an increase in the share of adults in the upper-income tier – from 14% in 1971 to 21% in 2021 – as well as an increase in the share who are in the lower-income tier, from 25% to 29%.” - Pew

“Socialism requires not only that we overcome the self-interest problem, the incentive problem, and the knowledge problem, but we’re going to give these social planners all this power and say ‘…we’re going to be benevolent.’ This never happens.” - IFWE

“About seven-in-ten Americans think young adults today have a harder time than their parents’ generation when it comes to saving for the future (72%), paying for college (71%) and buying a home (70%)” - Pew