The Strangest Thing about the Debate

The trouble with the 7 people on the stage last night is that they have little or no regard for our personal plans. It’s their plans for us that matter. Our lives are mere abstractions to them.

Jeffrey A. Tucker – February 26, 2020

What It Means to Have a Teachable Spirit

Unleashing fury upon those who express views with which you disagree will only jeopardize your credibility, and might just empower the ideas you’re seeking to discredit. Ideas that appear taboo or transgressive often spread when powerful forces seek to suppress them.

– February 26, 2020

West Side Story, Sixty Years On

Now comes our own rumble called election year, and the weapons of choice keep escalating: fists, hoses, belts, chains, knives, guns, and where does it end? There is a lesson here for all of us, and it is fitting that the remake on Broadway makes this obvious parallel explicit.

– February 25, 2020
Consumer confidence

Consumer Confidence Holds Steady While Home Prices Move Higher

Consumer confidence remained high in February, supported by a positive outlook for the economy and labor market. However, persistently rising home prices are weighing on housing activity.

– February 25, 2020

Harvard Finally Stands Up to Academic Duplicity

A new profile of Berkeley economists Emmanuel Saez and Gabriel Zucman in the New York Times contained a fascinating revelation about the ongoing academic reception of their work. Late last year, Zucman was being courted for a faculty appointment by Har …

– February 25, 2020

Elkhart, Indiana, Thrives Despite Obama Administration’s Policies

Former President Obama tweeted in honor of the anniversary of signing the American Recovery and Reinvestment Act of 2009. Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more …

– February 25, 2020

The Effect of the Coronavirus on Financial Markets

We should take a sober, dispassionate look at forces acting upon the U.S. financial markets. Headlines indicating a “panic” are vastly overwrought.

– February 25, 2020

Free Trade in Ten Easy Points

Several superb books, monographs, and papers are available to introduce non-economists to the positive economics of trade and to the normative case for a policy of unilateral free trade. And it’s a good thing. Today’s increasing eagerness of people acr …

– February 24, 2020

The Technocrats Will Not Save Us

Besides the certainty, as they say, of death and taxes, one other highly likely event will be an end to the general “good times” of relatively low price inflation and low unemployment in America. In other words, the United States will eventually experi …

– February 24, 2020

How to Save California From Itself

Many Western states allow citizens to initiate legislation but California is by far the most important and the ripest for reform.

– February 24, 2020

Enough of this Idea of Presidential Greatness

What constitutes a great president? Every presidential election, pundits and commentators opine on the characteristics of presidents that made them great. Starting in 1948, at the impulse of Arthur Schlesinger Sr. of Harvard University, historians have …

– February 23, 2020

Kenneth Arrow and the Odd Form of Dictatorship He Helped Create

It may be time to reconsider some of the foundations of economic theory. When we do, Arrow’s prominent role in the history of economics should be reconsidered too.

– February 23, 2020

Are We Seriously Debating Capitalism vs. Socialism Again?

Socialism is a movement not of the working classes but of the elites, born of arrogance, snobbery, and preposterous pretense, kept alive not from lived experience but the astonishing capacity of an ideologically soaked brain to live in denial of reality.

– February 22, 2020

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