The Never-Ending Battle between Leviathan and Liberty
The notion that Americans will always be free is part of the catechism that is force-fed to public school students. For hundreds of years, philosophers, politicians, and reformers have touted a law of history that assures the ultimate triumph of
Why a Green New Deal Is More Expensive Than Joe Biden Realizes
Wind and solar power can work well when placed in an ideal location. Much of the time, however, these projects require a lot of fossil fuel to produce, but then never deliver the promised "zero-carbon" energy. Original Article: "Why a Green
It’s Time for the US to Withdraw from Korea
Pulling troops out of South Korea is an important step in changing the conversation on American foreign policy, which is swamped in platitudes of promoting missionary enterprises abroad and finding new bogeymen to confront. Original Article: "It's Time for the US
Bulls, Bears, and Beyond: In Depth with James Grant
James Grant is editor of Grant’s Interest Rate Observer, which he founded in 1983. He is the author of nine books, including Money of the Mind, The Trouble with Prosperity, John Adams: Party of One, The Forgotten Depression, and more
The Destructive Power of Keynesian Spending Plans
According to John Maynard Keynes, The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves
Gary Wolfram on the Minimum Wage and Other Misguided Policies
Gary Wolfram is an economics professor at Hillsdale College, who was both a teacher and colleague of Bob during his two stints at the school (first as a student then as a professor). They discuss Gary’s background as an economist
A $15 Minimum Wage Would Be a Huge Blow to the Small Business Economy
Opening and running a business has never been easy, but this past year has been particularly challenging for the nation’s entrepreneurs—those who represent the “driving force” of our economy, as Ludwig von Mises once described them. Just months after the
Why Is Economic Journalism So Bad?
Niall Ferguson holds a PhD in philosophy from Oxford, taught history at Harvard and NYU, and wrote perhaps the definitive biography of Henry Kissinger. So, naturally, Bloomberg hired him to write on economics. His most recent column for Bloomberg is a strained
Economics vs. Politics
[This article is excerpted from chapter one of The Rise and Fall of Society.] It may be that wary beasts of the forest come around to accepting the hunter's trap as a necessary concomitant of foraging for food. At any rate,
With Victoria Nuland Nomination, Biden Signals a Return to Bush-Obama-Era Foreign Policy
Some things never change in American foreign policy. While there’s a lot of chatter about a “Great Reset” in terms of rebuilding society along technocratic lines in the wake of covid-19, US foreign policy appears to be going through its very own