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John Phelan

John Phelan

John Phelan is a fellow of the Cobden Centre and works as an economist at Center of the American Experiment. He is a graduate of Birkbeck College, University of London, where he earned a BSc in Economics, and of the London School of Economics where he earned an MSc. He worked in finance for ten years before becoming a professional economist. He worked at Capital Economics in London, where he wrote reports ranging from the impact of Brexit on the British economy to the effect of government regulation on cell phone coverage. John has written for City A.M. in London and for The Wall Street Journal in both Europe and the U.S. He has also been published in the journal Economic Affairs.

Economics13 December 23<13 December 23

The British General Election of 1923: From Repeal of the Corn Laws to the End of Free Trade

In 1846, Richard Cobden’s long campaign bore fruit with Britain’s repeal of the Corn Laws, the tariffs which kept cheaper foreign wheat out of the country. The…

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Economics14 February 22<13 February 22

Interview with Chris Phelan

Yesterday, the Bureau of Labor Statistics in the United States announced that inflation for the year to January was 7.5%, the highest rate in…

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Economics7 January 22<3 January 22

Frank Knight’s “Risk, Uncertainty and Profit” 100 Years Later

Without Frank Knight, there would not have been a Chicago School of Economics. n Risk, Uncertainty and Profit, published in 1921, economist Frank Knight (1885-1972) sought to…

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Economics23 August 21<22 August 21

The good news is your wages are up. The bad news is they’ll buy less

Last month, CNBC sent out this tweet: Inflation’s silver lining: higher salaries https://t.co/DmXuzKlX8z — CNBC (@CNBC) July 8, 2021 It isn’t often that I’m…

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Economics21 July 21<18 July 21

Review: Austrian Economics – An Introduction by Steven Horwitz

June 27 saw the passing of economist Steven Horwitz at the age of 57. His loss will be felt by all who value not…

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Economics28 June 21<27 June 21

Corn Law repeal shows the progressive effects of freer trade

As Britain emerges from the European Union with the freedom to set its own trading arrangements, clear thinking on trade is more necessary than…

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Book Reviews7 September 20<7 September 20

Book Review: The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy

  This article originally appeared in luckbox magazine, July 2020. In January, the Congressional Budget Office (CBO) released its Budget and Economic outlook for 2020…

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Economics19 August 19<15 August 19

Why Keynes Believed Efforts to Fight Income Inequality Hinder Economic Growth

he economist John Maynard Keynes (1883-1946) famously said, “in the long run we are all dead.” He wasn’t saying we should ignore the long…

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4 Ways Employers Respond to Minimum Wage Laws (Besides Laying Off Workers)
Economics18 July 19<18 July 19

4 Ways Employers Respond to Minimum Wage Laws (Besides Laying Off Workers)

Most of you will be familiar with a supply and demand graph. This shows a demand curve, which graphs the relationship between the price…

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Economics9 June 19<9 June 19

Paul Krugman’s Predictions about “Austerity” Aren’t Aging Well

Paul Krugman’s arguments do not fare well against evidence in a new book written by economists Alberto Alesina, Carlo Favero, and Francesco Giavazzi titled,…

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