Trump’s “American Greatness” Also Political Paternalism
Mind your own business. Every one of us has thought or said words to this effect when others have told us how to live…
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Switzerland’s Approach to Giving the Economy a Lifeline
by Henrique Schneider One particularly important lesson to learn from the Covid-19 drama is which political decisions could help companies through the crisis. It…
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Paul Krugman’s Ad Hominem Defense of Central Banking
One of the sorriest aspects of almost all political discussions nowadays is how often they seem to degenerate into rude ad hominem attacks rather…
Read MoreLiberty Is the Theme of the American Spirit
July is the month when Americans celebrate the signing and then the announcement of the Declaration of Independence on July 4, 1776. While this…
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Convenience vs. Truth in Economics
By Nathan A. Kreider The great struggle in economic science has been the formulation of theories that accurately describe the real world. Though this…
Read MoreTragedies of Our Time: Pandemic, Planning, and Racial Politics
An old adage says that tragedies often come in threes. Certainly, the first half of 2020 has seen a version of this. First, the…
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A Brave New World for Value Investing
Stock markets have rebounded from their March lows on fiscal and monetary stimulus Corporate bond spreads have narrowed in their wake The prospect…
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Happy 90th Birthday, Professor Israel Kirzner!
Even in an era when modern medicine and technologies are adding to people’s lifetimes, along with the gains in general human economic betterment, it…
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When the facts change
The coronavirus is a human tragedy, but the markets remain sanguine A slowing of global growth is already factored into market expectations Further…
Read MoreGuest Post: Growing up is the journey from fairness to freedom
We grow up in the family. We expect fairness from our parents. Fairness in the family means equality, tempered by some measure of “to…
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