A Brief History of Tariffs and Stock Market Crises
Tariffs don‘t just raise consumer prices. They also affect capital flows and, on numerous occasions, have triggered stock market crises. What tariffs
Lessons from Reconstruction
Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to
The Indian Rope Trick
The political theorist Anthony de Jasay takes on the left‘s ideas of equality, and David Gordon is there to agree—and disagree. Jasay
Markets Made of Glass—How the Fed Destroyed Economic Resilience
For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round
Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth?
The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually
Slavery and Collective Guilt
Modern progressives are obsessed with collective guilt, demanding that Americans pay reparations for slavery even though it ended in the US 160
The Economics of Prepping
While people who “prep” for disaster (called preppers) are ridiculed by political elites and their media, their actions are perfectly rational. In
“Victory Plan” or Deadly Delusion? Zelensky’s Perilous Five-Point Plan
The darling of America‘s political elites, Ukrainian President Volodymyr Zelensky, now touts a “Five-Point Plan” that surely will extend the war and
Why Some People Want to Abolish the Department of Education
Created by President Jimmy Carter as a sop to the teachers‘ unions, the Department of Education has presided over huge declines in