As incurable optimists, human beings look for silver linings in the darkest of clouds. It’s an admirable trait, but some silver linings are illusions. Spotting them requires the economic way of thinking.
READ MOREViewing the heartbreaking damage wrought by Hurricane Harvey, the last thing we should want is for people to be encouraged to live where hurricanes and floods are common. Yet the government has been doing just that for decades.
READ MOREA company is trying to bring the calming influence of gold to the Wild West frontier of cryptocurrencies
READ MOREMany Americans think of themselves as pragmatists. Pundits often brag they are non-ideological independents. Forget theory; let’s just figure out what works.
READ MOREA monetary standard based on Bitcoin, a digital currency, would act something like the gold standard in making price levels more predictable and stabilizing exchange rates but would likely be undone by politicians and central bankers.
READ MOREWhen enthusiasts of the free economy address a social problem by saying, “The market will handle it,” critics accuse them of being simplistic, even glib.
READ MOREThe Securities and Exchange Commission has tossed a wet blanket on initial coin offerings just as they were soaring as an alternative financing vehicle for young companies.
READ MORETaxes are being collected to help end the financial crisis that ended nearly a decade ago.
READ MOREThe Reforming American Immigration for Strong Employment Act conveys a valuable lesson in where economic illiteracy can lead.
READ MOREThe Penn State University climate scientist known for his “hockey stick” computer model and hair-trigger litigiousness has suffered a stiff check within the Canadian court arena. According to a story on the educational website Principia Scientific Inte …
READ MOREThe death of manufacturing in the United States is being postponed, even reversed, by foreign investment including that coming from China.
READ MOREHuman dignity, autonomy, and social cooperation are best left to the tender hands of politicians and bureaucrats. Not!
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