Six months ago, SVB, the parent company of Silicon Valley Bank, announced an audit so important to its business that it sent out a press release to promote it and hired Paul, Weiss, Rifkind, Wharton & Garrison to conduct it….
Last week, economist, professor, and adventurer Yuri Maltsev passed away. Yuri’s passing is a gigantic loss for the economics profession, for the conservative and libertarian movements, and for me personally. He was a courageous advocate for truth, justice, and liberty…
Republicans want to take over Congress and, come Tuesday, they might get their wish. Assuming they win both the House and Senate, they will face enormous challenges: a country still heading into a recession, inflation still high and rising, government…
The Federal Reserve continues to impose tighter money as a cure for inflation while refusing to indict looser money as the cause of it. The Federal Open Market Committee (FOMC) this week offered “supply and demand imbalances related to the…
Industrial policy is making a comeback. For those of you under the age of 50, this is just another term for corporate welfare — a lovely name for the unlovely practice of a government granting subsidies, protective tariffs, and other…
Now for a few words of praise and caution. First, Trump is now presiding over almost the longest, most robust recovery in the economic history of the United States. Only the ten-year boom culminating in the tech crash of 2000-2001…
Fresh off a big win by Republican lawmakers to boost economic freedom of all Americans by lowering their taxes last December; some GOP policy makers would now attenuate that victory by imposing an online sales tax on small businesses. The…
President Donald Trump’s new tariffs on steel and aluminum imports are facing an avalanche of false criticism. Naysayers argue tariffs will raise prices, spark a trade war, and do nothing to bolster America’s military preparedness — the official rationale for…
Well, here’s exactly the kind of news the liberal media hates. The Heritage Foundation has released its annual ranking of economic freedom in 180 countries — and there is good news for America in the Trump era. Heritage reports: The…
The Complacent Class: The Self-Defeating Quest for the American Dream Tyler Cowen (St. Martin’s Press, 241 pages, $28.99) Tyler Cowen’s social and economic insights are artfully revealed in The Complacent Class. We often think of America as a nation of…
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