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Immigrants do not take American jobs. The American economy can create asThe Independent Institute's Open Letter on Immigration contains a section on useful references
many jobs as there are workers willing to work so long as labor markets
remain free, flexible and open to all workers on an equal basis.
By David Ibison
Financial Times, 15th June 2006
Sweden's unemployment rate is 15 per cent, three times the figure beingLink here
used by the government, according to new research from McKinsey Global
Institute, the think tank...
The numbers cast a pall over Sweden's international reputation as a thriving welfare state with low unemployment
by Walter William
Capitalism Magazine, November 19 2005
First, let's decide what is and what is not inflation. One price orLink here
several prices rising is not inflation. When there's a general increase
in prices, or alternatively, a reduction in the purchasing power of
money, there's inflation. But just as in the case of diseases,
describing a symptom doesn't necessarily give us a clue to a cause.
Nobel Laureate and professor Milton Friedman says, "[I]nflation is
always and everywhere a monetary phenomenon, in the sense that it
cannot occur without a more rapid increase in the quantity of money
than in output." Increases in money supply are what constitute
inflation, and a general rise in prices is the symptom.
