Eliminating the Debt Ceiling: Is There Anything the 14th Amendment Can’t Do?

– May 23, 2023

“The Biden administration threatens to invoke Section 4 of the Fourteenth Amendment to sidestep the longstanding federal debt ceiling in a way that would increase the power of the executive branch. ” ~ Robert E. Wright


Adam Smith v. Wesley Jones

– May 7, 2023

“It is long past time Americans saw through the multiple misrepresentations that have defended the Jones Act’s nothing-for-something restrictions for over a century, including twisting Adam Smith’s logic into a false endorsement of its enormously costly restrictions.” ~ Gary M. Galles


Hamilton’s Haircuts

– May 4, 2023

“Whatever you think of the wisdom of Hamilton’s moves, our point is simple and stark: The US government has defaulted in the past.” ~ David R. Henderson and Jeffrey R. Hummel


Does the 1619 Project Have Anything To Teach Us? Phil Magness at the Soho Forum Debate (Video)

– May 1, 2023

“Magness and Holton recently debated the resolution: ‘The New York Times book The 1619 Project, and the Hulu video series based on it, are important contributions to our understanding of slavery and the role of African Americans in American history.'” ~ AIER


Hayek and Bitcoin

– April 17, 2023

“By seemingly enormous coincidence, Satoshi (assuming he was unaware at the time), would have probably been delighted to learn that in Hayek’s same ‘sly roundabout way’ video interview, he held up a copy of The Times newspaper and declared: ‘I read this everyday.’ Great minds think alike.” ~ Emile Phaneuf


Dismal is Better

– April 12, 2023

“Today the social isolation of the economically minded has different proximate causes, but the underlying reason economic reasoning stands alone is that it stands athwart the desire of many people, perhaps most people, to rearrange the actual world into a world that they can imagine.” ~ Michael C. Munger


An Open Letter to British Prime Minister Rishi Sunak

– April 11, 2023

“We can hope that, should Parliament today agree to a unilateral lowering of Britain’s trade barriers, other governments would today, as other governments did in the mid-19th century, respond by unilaterally lowering theirs.” ~ Donald J. Boudreaux


ESG Investing: Today’s Virtue of Tomorrow’s Taboo?

– April 8, 2023

“In the same way that society destroys statues erected to commemorate yesterday’s heroes, EGS investors run the risk of being judged harshly by future citizens who have the benefit of hindsight.” ~ Ramon P. DeGennaro


A CBDC Would Not Be Money in the Sense Used in the Constitution

– April 5, 2023

“A CBDC is not money because it is not a physical-bearer instrument, but rather by its very nature is trackable and cancellable, like a check or credit card payment.” ~ Robert E. Wright