American Peronism: Kamala’s Plan to Ruin America’s Economy
Harris promises to reduce prices by printing more money, reducing competition, and attacking businesses. Welcome to the U.S. version of Argentina’s “Peronism.”
Powell: More Easy Money Is Coming Soon
The Fed promises a soft landing, but the fact that the Fed now plans to start cutting interest rates is one of the strongest recession signals we can get.
Personnel is Policy for Kamala Harris
While Kamala Harris has not said much about her proposals for US foreign policy, her associations and likely appointments speak very loudly for the continuation of promoting international conflict and…
The Classical Economists’ Theory of Value Was More Sophisticated than You Think
Bob quotes from David Ricardo to show that the classical economists understood that utility was essential to explaining market value, but then he also explains why the Marginalist Revolution was…
Is There a Praxeological Ethics?
David Gordon reviews J.W. Rich’s new book, Praxeological Ethics: An Inquiry into the Nature and Foundation of Ethics and finds much to like about this volume.
Thousands of Years Later, Price Controls Are Still a Bad Idea
In 301 AD, Roman emperor Diocletian implemented price ceilings on over 1,200 goods. His edict shows that not much has changed regarding the politics and economics of price controls.
Adam Smith, the American Home, and the Religion of Progress
John Tamny and Jack Ryan get heretical about housing. They argue, in part, that owning a home comes with significant costs and may not be “worth it,” however, individual consumers…