Politics
In ending the gold standard, Nixon was guided by Milton Friedman, who wrongly believed that the Fed could end recessions and cope with inflation...
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Politics
President Trump claims that tariffs built American wealth. The truth is that tariffs cannot build wealth at all, only destroy it.
Politics
Activists in Illinois and Indiana are talking about changing the state borders so separatist Illinois counties can join Indiana. As you’d expect, many politicians...
Politics
Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources...
Politics
The Fed presumably has an “implied guaranty” from the Treasury, but it seems certain that Congress never dreamed that the Fed could experience the...
Politics
Biden has embraced the trade war. But, if protectionism actually produced competitiveness, American steel manufacturers would have become world leaders long ago.
Politics
Many police traffic stops are not about safety or protecting the public. They are about siphoning cash from motorists to state and local governments.
Politics
Washington Post conservative George Will trots out every tired slogan and bromide in the book to claim that Putin is Hitler and the Ukraine...
Politics
The government can end today’s high price-inflation rates any time by ending deficit spending. But the state won’t even acknowledge deficit spending is a...
