Author Archives: Jeff Chen

Record Corporate Profits and Inflation

Posted on January 31, 2013 by Jeff Chen

Media pundits like to point out that in spite of record corporate profits, many of these corporations are hoarding on to their cash rather than making capital investments or raising the wages of their workers. This leads to their argument … Continue reading →

Posted in Big Government | 1 Comment

The Understating of Inflation

Posted on January 17, 2013 by Jeff Chen

In the video embedded above, Peter Schiff discusses the issue of the federal government understating the effects of inflation. Here are some of the highlights from the video: – From 2002 to 2012, the CPI increased by 27.5%. During the … Continue reading →

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The DEA Officer and the Bull

Posted on January 10, 2013 by Jeff Chen

A friend recently reminded me of this classic but funny joke: A DEA officer stopped at a ranch in Texas, and talked with an old rancher. He told the rancher, “I need to inspect your ranch for illegally grown drugs.” … Continue reading →

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Surprise Surprise! ObamaCare is Causing Some Unintended Consequences

Posted on January 8, 2013 by Jeff Chen

The main purpose of the Affordable Care Act, commonly dubbed ObamaCare, is to curb the increase in the cost of healthcare in order to make them more affordable. However, many healthcare providers have already increased premiums or are proposing new … Continue reading →

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10 New Year’s Resolutions the US Government Ought to Make, But Won’t

Posted on January 3, 2013 by Jeff Chen

1.) Require all members of the Judicial, Legislative, and Executive branches of government to read Economics in One Lesson by Henry Hazlitt. 2.) Require all members of the Judicial, Legislative, and Executive branches of government to read The Road to … Continue reading →

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New Hampshire State Rep. Cynthia Chase Opposes a Free Society.

Posted on December 28, 2012 by Jeff Chen

New Hampshire State Representative Cynthia Chase believes that the principles of liberty, sound money, and free markets are a threat to her state and society as a whole. Her rather unflattering viewpoints on libertarian principles stems from the growing movement … Continue reading →

Posted in Big Government | 19 Comments

Will Taxing the Rich Fix Our Economic Woes?

Posted on December 25, 2012 by Jeff Chen

Kyle Bass explains why the ever so popular cry to “soak the rich” won’t work.

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Sandyhook Elementary and Gun Control

Posted on December 14, 2012 by Jeff Chen

In the wake of the tragic shootings at Sandyhook Elementary in Newtown, Connecticut, many people are calling for the enactment of more stringent gun control. It is easy to react emotionally to such tragic events by demanding the government to … Continue reading →

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Kayaking and Virtues of Limited Government

Posted on December 9, 2012 by Jeff Chen

A while back I went with a group of friends down to Long Beach, CA for a kayaking event. Once our group was all gathered up, we made our way to the kayaking booth to rent our boats. Before taking … Continue reading →

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Using a Pencil to Illustrate the Power of the Free Market

Posted on December 4, 2012 by Jeff Chen

In this classic clip, Milton Friedman explains the power of the free market using a pencil.

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