The machinations of the global elites attending the World Economic Forum’s annual conference in Davos this week epitomize what economist Friedrich Hayek called The Fatal Conceit. The conceit arises from overconfidence in one’s ability to plan the economy and other people’s…
Supporters of Vice President Kamala Harris are surely experiencing disappointment, but one of the Biden-Harris administration’s pillars — “industrial policy” — won big on Tuesday. That’s because it’s already been embraced by both parties. President-elect Donald Trump loves expensive tariffs,…
The Democrats bet everything on the former U.S. ambassador to the EU blowing up the impeachment against Donald Trump, bringing about the ultimate downfall of the former president. After changing versions several times, his statement turned out to be essentially…
Prices are threads stitching together the fabric of our economy. They guide countless producers, here and abroad, to meet the most urgent demands of countless consumers. Prices enable the economic coordination of millions of individuals — each with his or…
SACRAMENTO — Around this time last year, California Gov. Gavin Newsom toured the Southland —that is, Southern states such as Mississippi and Alabama, as opposed to communities in Southern California — as part of his Campaign for Democracy. It was…
What would you think about a Washington insider who was a partner in a big D.C. lobbyist law firm called Covington & Burling, the founder of a self-identified “nonpartisan” advocacy group called Common Good, and was a self-described “radical centrist,”…
As a new year dawns, it’s customary to reflect on the past and set resolutions for the future. This year, let’s resolve to greet three widespread claims with healthy doses of skepticism. The first dubious claim is that income inequality…
The Mont Pelerin Society held its 2023 annual meeting at the same venue as the historic 1944 Bretton Woods international monetary conference, the Mount Washington Resort in Bretton Woods, New Hampshire. The conference was held from October 29 to November…
The Biden administration’s requirement that broadband providers buy domestically made parts for infrastructure development is a misguided protectionist policy that will exacerbate current supply chain issues and delay efforts to close the digital divide. President Joe Biden emphasized the “Buy…
