An Open Letter to the Charleston Protestors
“Your cause is just and we hope we can work together in the days, weeks, months, and years ahead.” ~ Robert E. Wright
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Japan’s Three Decades of Depressive Stimulus Schemes
“The U.S. and Japan are old welfare states that can’t afford what they’re doing; nonetheless, their politicians can’t seem to succeed electorally without persisting in their profligacy. Japan’s history signals the likely outcome for copycats: prolonged stagnation.” Richard M. Salsman
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Letter from a Populist
“Populist beneficence — using funds taken from the populace via taxation and/or inflation — is a favorite tactic of authoritarian and “banana republic” governments the world over.” ~ Raymond Niles
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Wait, So We Now Can’t Say ‘Human Capital’?
“How a casual reference to a common and widespread conceptual tool from economics can be contorted into a conspiratorial design for malice by persons who present themselves as intellectual elites but lack familiarity with the subjects of their frenzied imaginations.” ~ Phil Magness
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The Guns of August: A Look Back at the Financial Shock of the Great War
“Many of the extraordinary policies we see governments wielding right now are not as unprecedented as some commentators may think.” ~ Joakim Book
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Stay-at-Home Orders and the Willingness to Stay Home
It has become common, in times of crisis, to ask: what will the government do to fix this? And there is certainly a lot that state and federal governments can do. The lesson I hope we will learn from this pandemic, however, is that there is much that can be accomplished locally as well.
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