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Consumption

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Income Redistribution Makes Our Children Poorer - Jeffrey Dorfman

Democrats love to claim that their income redistribution policies are economic stimulus programs. They believe that since poorer people spend all or almost all of their money while the rich...

Ben Bernanke: The Economy and Stock Market Myth - John Tamny

In a recent interview with ABC's Diane Sawyer, Fed Chairman Ben Bernanke, the walking, talking embodiment of systemic risk, proclaimed about the U.S. economy he's done so much to...

The Financial Crisis Will Be Over When ... - Jason Zweig, Total Return

TwitterDiggRick Bookstaber recently blogged about the coming decline in conspicuous consumption. Invoking Thorstein Veblen, who introduced the concept a century ago, Bookstaber remarked,...

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