Henry Clay’s “American System” Is Bad News for the American Economy

“The American System’s modern rehabilitators conveniently leave out the fact that every time it was tried in the 19th and early 20th centuries, Clay’s program unleashed a torrent of preventable policy disasters.” ~ Phillip W. Magness & James R. Harrigan

– December 8, 2022

The Libido for the Superficial

“Once the reality of a libido for the superficial is admitted, many phenomena are better understood. For example, it’s easy to understand, and excuse, intellectually unengaged people falling for protectionist fables.” ~ Donald J. Boudreaux

– December 8, 2022

Average Weekly Initial Claims Hits the Highest Level Since September

“Rising weekly initial claims and increasing job cut announcements may signal some labor market softening. Rapid consumer price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes

– December 8, 2022

How Our Higher Education System Could Put Students First

“I fear that LeBlanc underestimates the ability of the educational status quo to fend off competition from new institutions and approaches. Bureaucratic regimes tend to change very slowly and are usually dominated by the concerns of existing entities.” ~ George Leef

– December 8, 2022

Markets Feed the Poor, Government Creates Them – The Misguided Economics of Pope Francis

“We should be wary of eating the seed corn – but also wary of killing the proverbial goose that lays the golden eggs. The world’s poor deserve no less than the full opportunity of market exchange.” ~ Hannah Mead Kling, Julia R. Norgaard & Nikolai G. Wenzel

How Yellowstone Portrays the American Creed

“The success of the Dutton family depicts the best parts of capitalism (a system based on incentives, trade-offs, and transactions) and the worst parts of cronyism (a system based on rent-seeking for power positions and policy preferences in the political realm).” ~ Kimberlee Josephson

– December 7, 2022

Congress Can Restore the Integrity of the Dollar

“The historical record is clear: Gold-backed money is fully capable of delivering short-run stability and long-run prosperity. The Fed can’t.” ~ David Brat & Alexander William Salter

– December 7, 2022

Forgetful Fauci’s Deposition: All Those Lies Are Hard to Keep Straight

“Fauci’s evasions leave us with more questions than answers – and more clues that he used his position as a top official at a powerful government agency to persecute and suppress dissenting scientific beliefs.” ~ Phillip W. Magness and James R. Harrigan

– December 6, 2022

The Governmentalization of Social Affairs

“More liberty means less government, and less government means less miserableness, servility, fickleness, hypocrisy, denial, mendacity, baseness, and degeneracy. Liberal backbone checks the evil that is the governmentalization of social affairs.” ~ Daniel B. Klein

– December 6, 2022

A Birthday No One Celebrates

“The birth 100 years ago of the USSR is reason to reflect on the indomitable human spirit that cannot be contained by systems of government that do not foster liberty under the rule of law.” ~ Will Sellers

– December 6, 2022

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