Politics
Trump’s recent actions recall earlier episodes of US industrial policy, such as wartime production controls and financial crisis interventions, when governments assumed temporary stakes...
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Politics
Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s...
Politics
Prompted by an online debate about whether economics belongs with the hard sciences, Bob reviews common defenses of mainstream practice and explains why they...
Politics
Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don’t understand that downturns are...
Politics
Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.
Politics
In 1806 Napoleon issued the Berlin Decree, laying out his Continental System he hoped would starve Great Britain into submission through blockades and anti-trade...
Politics
Few presidents—if any—in our lifetimes have done as much damage as George W. Bush did in his eight years in office. Unfortunately, a number...
Politics
The popular game, Rock-Paper-Scissors, operates according to a firm set of rules. However, when government sets the rules or refuses to properly enforce rules,...
Politics
The federal government taking an ownership stake in Intel is neither a promising new approach to governance nor an unprecedented leap into economic fascism.
Politics
American Indian reservations have some of the worst poverty rates in the nation, which increases calls for even more federal government intervention. However, it...
Politics
Gerrymandering is a symptom of the failure of representative democracy. Political minorities are surrounded by others who overwhelm their votes and elect politicians who...
Politics
The federal government taking an ownership stake in Intel is neither a promising new approach to governance nor an unprecedented leap into economic fascism....
Politics
Fed Chairman Jerome Powell’s claims to want to protect the “independence” of the Federal Reserve ring hollow. Following sound monetary policies is more important...
Politics
In case you haven‘t noticed, housing prices are not rising like they did a short time ago, thanks to higher interest rates. Bringing down...