Why State Enforcement of “Fairness” is Wrong
A recurring myth among progressives is that the state can enforce “fairness.” However, given that government cannot even effectively define fairness, one doubts that the state can “enforce” what it…
The New Minimum Wage Increase in Nigeria is a Pyrrhic Victory for Organized Labor
The Nigerian government has passed a new minimum wage law, and the usual suspects are happy because the country “is getting a raise.” Economic reality, however, will set in soon…
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.
Republicans Declare War on the American Economy
By appealing to tariffs and other forms of economic regulation, Republicans have tossed aside any commitment to free market economics. Unfortunately, their program will lead to more economic stagnation, inflation,…
The Problem with Trump’s Agenda 47 for Homeschoolers
While Donald Trump is trying to appeal to homeschooling families with his Agenda 47 plan, the reality is that by offering tax breaks and subsidies, the federal government ultimately will…
The Fed’s Fiat Money Is the Real Cause of Price Inflation
Politicians say “greedflation,” and profits are what fuels rising prices, but the real culprit is fiat money creation fueled by the central bank.
Will Brazil’s Government Shut Down X for 20 Million Brazilians? David Inserra Comments
David Inserra Statement from David Inserra, a fellow for free expression and technology at the Cato Institute: Brazilian courts have now formally threatened to shut down X (formerly Twitter) in…
How To Destroy an Economy—Kamala’s Housing Plan
The recent “housing” plan from the Kamala Harris campaign is being touted in the media as a “solution” for this nation’s housing problems. However, the plan, if implemented, will be…
The Tax Cut and Jobs Act of 2017
Jeffrey Miron Focusing on the business tax cuts, a new paper reaches five conclusions: First, large corporate tax cuts are expensive and increase the deficit substantially; specifically, the reform reduced…
Ignore the Politicians: Trade Deficits Don’t Really Matter
Michael Chapman The 2024 Republican Party platform, reflecting the protectionist views of presidential nominee Donald Trump, notes that “our trade deficit in goods” is over $1 trillion a year and…