JULY 02, 2009 by KEIR KETEL

Unemployment is one of the key indicators economists and politicians use when assessing the strengh of the U.S. Economy. Unemployment is generally causes by weakening economic conditions including profit declines, low growth, high rates of inflation, and improper monetary balance. When Unemployment occurs the economy is said to not be maximizing its potential output and failing to utilize its capital.

Whenever Unemployment reaches levels that lawmakers and central bankers find unacceptable, they amend the current policieis to stem the negative effects. If people are unemployed it is assumed that they will not be spending as much as they would be were they employed. One program, unemployment insurance, was created to address the fallout in consumer spending. Solutions to ameliorate the effects of unemployment such as the stimulus bill will only be discussed more and more until the financial crisis subsides. The information that follows discusses the negative effects of those stimulus efforts and the importance in maintaining a free and flexible market to solve this problem.



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April 2014

Around the world, people are struggling to throw off authoritarianism, with deeply mixed results. From Egypt to Venezuela, determined people build networks to overthrow their regimes, but as yet we have not learned to live without Leviathan. In this issue, Michael Malice and Gary Dudney discuss their glimpses inside totalitarian regimes, while Sarah Skwire and Michael Nolan look at how totalitarian regimes grind down the individual--and how individuals fight back. Plus, Jeffrey Tucker identifies a strain in libertarianism that, left unchecked, could reduce even our vibrant movement to something that is analogous to the grim aesthetic of architectural brutalism. The struggle for our lives and freedom is a struggle for beauty; it begins inside each of us.
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Which Way Do You Lean on Economic Theory?

Whose approach do you find yourself taking more often, Mises's or Friedman's? Read both quotes and choose the one that aligns with your opinion of what makes for good economics.