The Men Who Made the West
Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public
Was Japanese Colonialism the Engine of Later Prosperity for Korea and Taiwan? Probably Not
While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies. Original Article: "Was Japanese Colonialism the Engine of Later Prosperity for Korea and Taiwan? Probably Not"
The Decline of America
Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public
Three Lies They’re Telling You about the Debt Ceiling
Negotiations over increasing the federal debt ceiling continue in Washington. As has occurred several times over the past twenty years, Republicans and Democrats are presently using increases in the debt ceiling as a bargaining chip in negotiating how federal tax
How Markets Self-Corrected during the 1819 and 1919–21 Recessions
As the first signs of an economic tempest move through the United States—an alarming increase in bank failures, a surge in unemployment claims, and a troubling decline in retail sales—we find ourselves perched on the edge of a deep recession.
The Libertarian behind the World’s First Freedom of the Press Act
Johan Norberg UNESCO has just designated the Swedish Freedom of the Press Act of 1766 a “Memory of the World.” It’s a well‐deserved honor. This more than 250‐year old document, enacted during a period of strong parliamentary power in Sweden, is the world’s
Argentina Sleepwalks into Hyperinflation (Yet Again)
A century ago, Argentina was one of the world's wealthiest nations and the Argentine peso rivaled the dollar. Today, Argentina is famous for periodic hyperinflation. Original Article: "Argentina Sleepwalks into Hyperinflation (Yet Again)"
I try to assign a number to Krugman’s estimate of the value of not commuting and come up short
Krugman (Working From Home and Realizing What Matters): First things first: The reduction in commuting time is a seriously big deal. Before the pandemic, the average American adult spent about 0.28 hours per day, or more than 100 hours a year,
Taking Notes out of Rothbard’s Taiwan Playbook
Writing pseudonymously in a series of articles for Faith and Freedom in the 1950s, Murray Rothbard took on the question of whether or not the United States should defend Formosa (Taiwan) from attack by mainland China. While his conclusions will surprise no
Washington Has No Moral Authority to Ban Guns
Another mass shooting, another call for gun control. However, when it comes to mass killings, Washington sets the sorry example. Original Article: "Washington Has No Moral Authority to Ban Guns"