Tariff supporters claim that implementing tariffs will result in new jobs at home. What they fail to point out is that many ...

While President Trump‘s tariffs certainly are causing economic harm, they alone could not cause a recession had there not ...

President Trump was elected in part because he promised to reduce prices and not drag the country into foreign wars. Sadly, President Trump has adopted a tariff ...

Frederic Bastiat is an often unsung hero of 19th-century economic thought. His lessons on freedom and trade are timeless and ...

The only beneficiaries of the increase in tariffs are the government and a few companies that benefit from limited ...

In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that ...

President Trump‘s recent assertions that the Fed should lower the discount rate puts him squarely in the middle of Fed ...

The critical point was, again the Middle Ages, and there you had an adversarial position between the church and the state ...

We spend very little time and effort learning about what the hundreds of government agencies are doing. Agencies like the Fed ...

The most enduring economic myth of the twentieth century is the idea that FDR‘s New Deal pulled America out of the Great ...

For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even ...

The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden ...