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Since its publication last August, the New York Times’ 1619 Project has come under a barrage of withering critiques. Historians took it to task for exaggerating the role of slavery as a motivating factor behind the Revolutionary War, while economists quickly dissected its empirically suspect…
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While Elizabeth Warren’s candidacy is over, her legacy and, more importantly, her politicized vision of rulemaking lives on in the Consumer Financial Protection Bureau. It’s easy to forget but in late November 2018, two government administrators showed …
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Suppose you live in a country with nationalized communications companies, indifferent and intermittent service, and extremely slow maintenance and repair responses. But you have an idea that is likely to produce tens of millions of sales, and quickly.
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Virus fears are causing many companies to encourage their employees to work at home instead of coming into the office. It’s possible now, and that’s wonderful. Twenty years ago, it would have been far more difficult. Forty years ago, most jobs today co …
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The nonmanufacturing sector expanded in February. However, the effects of the COVID-19 outbreak are still growing and represent a very substantial risk to the economic outlook.
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Dislike for the personality and disagreement with the policies of Donald Trump have helped to revive a seemingly dead idea: socialism. This has placed friends and defenders of a free society on the defensive in having to make the positive case for free market liberalism.
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It is high time that Americans stop pretending government can protect everyone, in every possible way, all the time and tell Washington to stop overstepping.
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We are all versions of Elsa in her old kingdom. We are expected to submit, to comply, to keep quiet, to carry out our duties to the political order. Conceal. Don’t feel. It’s the tyranny of the status quo that people continue to tolerate because no one is permitted to think another way.
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The economist’s main value to society lies in his or her ability to reveal that which in the economy typically remains unseen. This function of the economist is explained most famously by Frédéric Bastiat. But also, of course, this understanding of the …
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Many of us naively thought free markets had won over socialism when the Soviet Union fell apart. But we must face up to the resurgence of socialism as an ideal.
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Much has been made in the media about the Surgeon General’s recent Twitter exhortation, “Seriously people – STOP BUYING MASKS! They are NOT effective in preventing general [sic] public from catching Coronavirus.” But what is usually left out is the res …
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The ISM PMI weakened in February suggesting a delay in any significant turnaround for manufacturing.
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