Climate protectionism on this side of the Atlantic
From E&E news (Senators eye ‘CHIPS 2.0’ as vehicle for carbon tariff): As senators from both parties seek a pathway for advancing a bill imposing carbon tariffs, a potentially viable vehicle has emerged: a nascent legislative package to boost U.S. competitiveness
Is There an Optimum Growth Rate of Money?
It is widely held that a growing economy requires a growing money stock because economic growth increases demand for money. Many economists also believe that failing to accommodate the increase in the demand for money leads to a decline in
Will the Added IRS Funding Create Value?
Chris Edwards The Inflation Reduction Act (IRA) of 2022 included $79 billion in added funding for the Internal Revenue Service (IRS) over the coming decade. The funding will roughly double the agency’s budget by 2031 in nominal dollars, with 57 percent of
Are Libertarians Abandoning Free Trade?
A bedrock of Austrian economics and libertarianism has been free trade. Unfortunately, some people who claim to value liberty no longer value unhampered exchange. Original Article: "Are Libertarians Abandoning Free Trade?"
A Better Approach to U.S.-China Trade
Clark Packard Five years ago next month the Trump administration began an aggressive trade war with China over a number of Beijing’s abusive trade and investment practices. The tariffs caused predictable retaliation imposed enormous costs on the U.S. economy, particularly manufacturing, and
Socialism, Minority Groups, and Personal Liberties
Socialists have managed to acquire the loyalty of a coalition of disparate groups by championing the principle of personal liberty. Especially in the United States, many women, disabled, gay people, transgender people, racial and ethnic minorities, and immigrants are among
The New Immigration Bill Is a Trojan Horse for E-Verify and Is a Threat to All Americans
Members of the U.S. House of Representatives are set to vote this week on new legislation that would greatly increase the federal government's power over private businesses, workers, and US citizens. Unfortunately, much of the GOP majority is supportive of
Comprehensive Reform versus Piecemeal Reform
In the previous two articles in this three-part series on bipartisan comprehensive political reform, we dealt with the excuses for extortion and evasion such claims for reform provide and with the fact that such claims often lead to more comprehensive
Did Tucker’s Last Major Guest Lead to His Firing?
Speculation is still swirling about why Tucker Carlson was cancelled by Fox News. The major mainstream outlets have credited his dismissal to a few leaked text messages and video footage revealing Carlson making “crude and offensive” comments off air. Some
The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On
Even after two years of "transitory" inflation, America's ruling classes insist that prices are falling and that all of this is temporary. We don't believe them. Original Article: "The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On"