Walter Olson Donald Trump’s most infamous pardons are those he issued to January 6 rioters, which extended clemency to every wrongdoer, no matter how violent or premeditated the conduct. (Here…
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The first English settlers in America learned a hard lesson about socialist economics in the early years of their new colonies as they faced starvation. Once they embraced free enterprise,…
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Your Fridge Is Bigger and Cheaper Today, Thanks to Global Trade and Innovation
Jeremy Horpedahl In the summer of 2024, a passage from J.D. Vance’s memoir Hillbilly Elegy gained widespread attention on social media platforms, including X/Twitter. Vance described his refrigerator from the 1980s, asserting…
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The worst bubble in human history is the government spending bubble, up from about 8 percent of GDP in 1900 to about 40 percent of GDP today. Column by Christopher…
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It is unimaginably cruel to demand that Ukraine keep fighting our proxy war down to the last Ukrainian.
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At 3 percent inflation over an 80-year lifetime, prices will multiply by a factor of more than 10. A dollar will become nine cents, but we would be told that…
Patrick G. Eddington US Sen. Mark Kelly (D‑AZ). In mid-July 1941, anti-interventionist Senator Burton Wheeler (D‑MT) sent 1,000,000 postcards to Americans across the country, urging them to write President Franklin…
Realtors seem to think that rage-quitting the market will somehow make prices go up. Things won’t go the way they hope.
As the economy worsens, expect to see more articles from legacy media about how saving money is actually bad for the economy. It’s an old Keynesian myth.