Protecting infant industries doesn’t help the economy
One of the excuses for levying protective tariffs is to protect emerging domestic industries. However, this kind of protectionism, contrary to popular opinion, leaves an economy worse off every time.
The rule of law and property rights
While many people currently are likely to view the rule of law as simply a collection of arbitrary rules, it involves private property rights and limits on state power.
The Fed Is Warping the Shape of the Yield Curve
As the Federal Reserve manipulates the money supply and interest rates, the yield curve becomes a less reliable indicator of economic activity. The more the Fed plays havoc with the…
Hayekian liberty and the predatory state
While F.A. Hayek was a promoter of liberty, his work nonetheless often failed to acknowledge just how predatory the state really is. Murray Rothbard understood that the real enemy is…
Kamala’s press chief tried to censor me
While Kamala Harris accuses Republicans of censoring books and library materials, her press secretary, Brian Fallon, tried to censor opinion articles critical of Eric Holder and the Department of Justice…
The Chevron decision may also apply to federal land policies in the West
While many are celebrating the Chevron decision that limits the power of federal bureaucracies to interpret federal law, it also may provide an opportunity to change federal policies regarding land…
The U.S. military machine is unsustainable
The U.S. government is spending trillions of dollars to prop up military ventures around the world. This kind of spending and exhausting of military resources cannot be sustained much longer.
China’s competitiveness is driven by low taxation, not by industrial policy
Contrary to popular belief, China’s economy depends much less on central planning than in the past. China is strong in EV development, and the success is due not to government…
Reflections on the Libertarianism vs. Conservativism Debate
Deirdre N. McCloskey On July 25, more than four years after the emergence of COVID-19 and the authoritarian reaction to it by the state, the once-annual debate between the interns…