“The Manichean view clutched by climate activists like Thunberg undercut the very goals they wish to achieve, by neglecting the power of human ingenuity. After all, the ultimate resource is the human mind, not government fiat.” ~ Michael N. Peterson
READ MORE“Deposit insurance creates perverse incentives that weaken market discipline and encourage excessive risk-taking. Expanding deposit insurance will only make these problems worse.” ~ Bryan P. Cutsinger
READ MORE“Recent experience should prompt calls for the Fed to adopt a symmetric average inflation target when it reevaluates its mandate in 2024 and 2025.” ~ William J. Luther
READ MORE“Irresponsible student lending has cost the US a great deal already. It is time to stop the bleeding by saying to colleges, ‘If you want to receive federal student aid money, you’ll have to stand behind the loans.'” ~ George Leef
READ MORE“This nuance, while it may dampen any classical liberal’s affection for John Cowperthwaite, should only reinforce one’s commitment to the principles of a free society as instruments of development and progress.” ~ Vincent Geloso
READ MORE“The Biden administration’s goal seems to be to spend lots of money on new unnecessary programs or failing existing programs, and to pay for it with yet more debt and with novel taxes likely to fall more heavily on middle class Americans and small businesses than on big corporations or the rich.” ~ Robert E. Wright
READ MORE“The happy reality that entrepreneurship and bourgeois commerce continue to flourish was driven home to me by my rather unremarkable remodeling project. I have reason for optimism.” ~ Donald J. Boudreaux
READ MORE“‘Progressive’ taxes impose a particularly strong disincentive for more productive work. Depriving the economy of greater productivity curtails the alleviation of poverty, and as a result disproportionately harms the poor.” ~ Brian Balfour
READ MORE“Where people cannot get jobs or find homes, they pick up and leave. Where they find homes and jobs, they stay. This is not an excuse for complacency. Many of the policies that drove industrious work away from the Rust Belt remain politically popular at a national level.” ~ David Gillette & Thaddeus C. Meadows
READ MORE“It’s taken more than a hundred years for low-density cities to recognize that public transportation works far better in a point-to-point model, using private-public partnerships.” ~ Craig J. Richardson
READ MORE“Instead of being evidence that markets are ‘no longer controlled by competition,’ firms raising prices together is evidence of supply and demand at work.” ~ Brian C. Albrecht
READ MORE“M2 in 2020 and 2021 increased by the largest percentages in the last 60 years. To the surprise of the Federal Reserve (although not everyone), inflation resulted.” ~ John Devereux & Gerald P. Dwyer
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