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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
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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
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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
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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
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