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…
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Liberty 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…
Read MoreLet’s (Not) Panic Again
by Simon Sarevski Since time immemorial if you asked an adolescent whether he expects to live a better life than his parents the definitive…
Read MoreThe Perils and Pitfalls of Political Paternalism
cross the spectrum of differing political views, whether “progressive,” “nationalist,” “populist,” or “conservative,” there is a common presumption in all of their policy positions…
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