“The widely negative real interest rates, which have already been a reality in some segments of the European capital markets, might foreshadow this loss of welfare for the European people.” ~ Gunther Schnabl & Nils Sonnenberg
READ MORE“Americans finally recognize many of the lies that pervaded the success claims of the 20-year war in Afghanistan. No Washington pundit, politician, or ‘expert’ who vouched for the success of U.S. intervention in Afghanistan should ever be trusted again.” ~ James Bovard
READ MORE“The US always should be prepared to defend itself against any (highly unlikely) threats therein. However, the old imperial age is over. As America denounces spheres of influence abroad, it is more difficult to flaunt the Monroe Doctrine at home.” ~ Doug Bandow
READ MORE“Spending endless billions on lucrative subsidies for electric cars, solar and wind farms, and other boondoggles could not possibly make much difference to future worldwide greenhouse gas emissions that will continue to depend almost entirely on what Asia is doing, not the U.S.” ~ Alan Reynolds
READ MORE“China’s leaders take deliberate steps to accomplish what is in their best interest within the constraints of their Leninist system. These objectives ultimately boil down to navigating a balance of control and freedom to maximize power.” ~ Ethan Yang
READ MORE“Government cannot make trade more fair by making it less free. It should not be a federal crime to charge low prices to American consumers. Unfortunately, fair trade demagoguery will continue as long as politicians are greedy, lobbyists are generous, and journalists are clueless.” ~ James Bovard
READ MORE“America’s sanctions policy is both costly and cruel, with the gains rarely worth the resulting human harm. The Biden administration should review current policy and sharply limit the use of economic sanctions.” ~ Doug Bandow
READ MORE“There are many good economists who work for the IMF and they often produce high-quality research. Sadly, their sensible analysis doesn’t seem to have any impact on the decisions of the organization’s top bureaucrats.” ~ Daniel J. Mitchell
READ MORE“Europe is suddenly stocking up on all three fossil fuels, and paying exorbitant prices to do so. In turn, so-called ‘greenhouse gas emissions’ (GHGs) will jump. And none of it was necessary, except that Miss Thunberg’s fan base made it so.” ~ Michael Fumento
READ MORE“Unfortunately, as long as politicians can profiteer from restricting imports, protectionism will continue reviving. Most of the media continues to ignore the economic carnage resulting from protectionist decrees that, after all these years, still cannot pass the laugh test.” ~ James Bovard
READ MORE“The idea that an economy could be shut down and turned back on without far reaching consequences is damnable, and could only come from the minds with no understanding of the extraordinary interdependence of the productive sector.” ~ Peter C. Earle
READ MORE“The US should not use the specter of China as an excuse to further bloat Uncle Sam’s budget, imitating Beijing’s worst policies in the bargain. America will win the intensifying competition by relying on its historic strengths rather than aping China’s statist strategies.” ~ Doug Bandow
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