In the ongoing debate over America’s trade policy, politicians and pundits often claim that the public supports tariffs and other protectionist measures, such as those given to us by the Trump and Biden administrations. A new Cato Institute poll, however,…
In 1960, Nobel-winning economist Friedrich Von Hayek said, “History is largely a history of inflation, usually inflations engineered by governments for the gain of governments.” During the last four years, consumers have seen the price level increase cumulatively by over…
Sunday The air is clear. There is a soft spring breeze blowing over our swimming pool. The night blooming jasmine is giving me and our household a sumptuous gift of that perfect plumed air that is America in all of…
It turns out that babies are good little assets to have around. Despite famed catastrophist Paul Ehrlich (still) warning of imminent population-driven “famines, pandemics, water shortages, climate disasters, resource wars,” the earth is awash in natural resources, with some experts…
The news from Moscow is that Russia is likely to abandon the 13 percent flat-rate income tax enacted in 2000, not long after a group of visiting conservative/libertarian American economists, including me, advised newly installed President Vladimir Putin to dramatically…
Thurston Howell III went off on Gilligan now and then. In one episode the fictional tycoon got so mad he referred to the sailor as “probably not even a Republican.” That was when many pre-literate boomers got their first inkling…
According to the latest polling data, for most U.S. voters, the number one issue that will affect their votes in 2024 is illegal immigration. Beyond the Middle East powder keg, beyond super inflation, beyond the emerging worldwide nuclear alliance of…
Capitalism has proven itself to be an extraordinary engine for creating wealth and improving standards of living, as well as promoting the rule of law, representative government, and more free and open societies, in general. In fact, capitalism is unique…
In a thrilling address at the World Economic Forum, Javier Milei, president of Argentina, presented a robust defense of capitalism and a critical examination of all forms of collectivism. His speech, rich in historical context and economic analysis, offers some…
