Why Barbados Advanced Economically While Jamaica’s Growth Lagged
Even though Barbados and Jamaica had more similarities than differences when they became independent of Great Britain, Barbados developed its economy much more quickly. Original Article: "Why Barbados Advanced Economically While Jamaica's Growth Lagged"
Unleashing the Power of Greed: How the Free Market Propels Progress
The free market system has faced its fair share of criticism, often being labeled as a breeding ground for greed and self-interest. However, let’s take a closer look and see how greed, when properly channeled and regulated within a free
Why Governments Love Secrecy and Hate Whistleblowers
Ryan and Tho take a look at the legacy of Daniel Ellsberg's heroic leak of the Pentagon Papers and the evils of government secrecy. Modern leakers like Snowden, Manning, and Assange do important work educating voters and making the state more
Fiat Food and Its Consequences with David Gornoski
On this episode of Good Money with Tho Bishop, David Gornoski of A Neighbor's Choice joins to discuss how government policies have impacted American diets. From the subsidization of certain crops to anti-science propaganda campaigns about diet, to the consolidation
To Avarice No Sanction
What many people call government generosity Leonard Read called avarice. Original Article: "To Avarice No Sanction"
Understanding SALT
Adam N. Michel In 2017, Republicans passed the Tax Cuts and Jobs Act, which cut taxes for the vast majority of Americans and simplified taxpaying by making modest reforms to, among other things, the system of itemized deductions. One of
The High Costs of a “Hard” Decoupling from China
Clark Packard There’s been a lot of very loose talk recently from the press, politicians and think tank wonks about “decoupling”—that is, entirely eliminating trade, investment and migration—the United States and Chinese economies. Proponents of decoupling the two economies never grapple with
Harsh Fentanyl Laws: Doubling Down on the Wrong Approach
Jeffrey Miron This article appeared on Substack on June 22, 2023 The New York Times reports that multiple states are responding to the opioid overdose crisis by passing harsh new laws aimed at fentanyl: In the 2023 legislative session alone, hundreds of fentanyl
Banks Create Money out of Thin Air. What Could Possibly Go Wrong?
You might rightfully wonder: How can a bank, like the neighborhood bank down the street, “create money out of thin air”? To answer that question, we must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans
Is The Federal Reserve Already Done Raising Rates?
Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes. This only makes sense if the economy is much weaker than the Fed claims. Be sure to follow the Fed