Interventionism
The Lesson Revisited
Economics, as we have now seen again and again, is a science of recognizing secondary consequences.
EU Hints It May Stop Speaking English To Spite UK
This week, the EU suggested that it would no longer allow English as an official language, and the Irish will speak Gaelic instead.
The Myth of the Output Gap
The GDP framework and the output gap is an abstraction that does little more than provide justification for the interventions of government officials.
Guns: How The NY Times Manipulates Data
Gun control advocates continue to narrowly define the "developed" world in order to make the US seem strange and isolated in this regard.
Why Brexit Is Better for Britain
The EU is a case par excellence illustrating the failure of economic interventionism. Britain would be wise to leave it behind.
The National Debt: A Conspiracy of Silence
Henry Hazlitt describes "the open conspiracy" among politicians to refuse to address the national debt.
Elizabeth Warren’s War on the Poor
Elizabeth Warren wants to help low-income and powerless people. However, she supports interventions that will hurt the people she wants to help.
Review Essay: Phishing for Phools: The Economics of Manipulation and Deception by George A. Akerlof and Robert J. Shiller
This review details just how far the profession has drifted from reality.
Higher Education’s Academic Monoculture
Thanks to government funding and a lack of intellectual diversity, critical thinking has become a mere afterthought at American universities.