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Interventionist monetary policies, intending to lower interest rates to boost the economy or increase employment, are circumscribed.
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Keep in mind what “progressive” means in this political context: an increase in the size, scope, and cost of government in American society.
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The nation does not belong to anyone in the same way that a home belongs to its owner.
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Tanglewood is a model for anyone concerned about the future of classical music to study and emulate.
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This is my short list of things I hear way too often in the investment industry, and my honest translation into English.
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The focus on social justice, even ahead of helping the desperate, seems to be something very deep in the human psyche. Still, our reason should be able to overcome it.
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What lame employees lack is a basic economic understanding of labor, plus a work ethic. Gaining both is not just about the sweat of your brow and saving your soul. It is really about your own individual interest.
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As an introduction to the topics that will be dealt with in the AIER Graduate Colloquium, over the next few weeks Joakim Book will summarize the core readings that our students are currently reading to prepare for a good discussion at the event.
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As politicians contemplate (and effectuate) policies moving us away from capitalism towards more socialism, perhaps it’s no surprise that we also see pervasive, unabashed freebie promising.
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There is a problem in public affairs. If there is a state, with the capacity to do good, the temptation to do something is irresistible.
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The Trump administration has imposed a rule that two existing regulations must be removed for every new regulation imposed on the economy. Unfortunately, the two-for-one rule does not apply to the trade policies consuming much of the administration’s attention.
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Don’t become cynical; embrace the challenge; and as teachers of a subtle scientific discipline it is vital to remember that the students will remember what is emphasized in the class, so emphasize throughout the lectures the enduring principles that are embodied in the economic way of thinking.
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