Vytautas Žukauskas

Vytautas Žukauskas is a Mises Fellow, Lecturer at ISM Vadybos ir Ekonomikos Universitetas, Policy Analyst at the

Keynes and the Versailles Treaty’s Infamous “Article 231”

April 7, 2019, marks the hundredth anniversary of Article 231 of the Treaty of Versailles — the infamous war-guilt clause. Although the treaty was not signed until June 28, the Supreme Council approved the notorious article on April 7, 1919. Thus, April 7 is the proper day to mourn the centenary of the calamitous war-guilt clause of the Treaty of Versailles.

Banks’ Unrealized Losses Soon to Be Realized

The timing of Jerome Powell’s appearance on “60 Minutes,” along with Janet Yellen and Ben Bernanke, is curious. Scott Pelley asked no penetrating questions, so nothing was learned. Fed Chairs aren’t known to hit the interview circuit. Bernanke appeared during the crisis to reassure the nation that the central bank can and will fix anything and everything.

Donald Trump (aka “Individual 1”) tweeted in January:

Alberta’s Regional Carbon Tax Is a Recipe for Disaster

The Fraser Institute in Canada recently released my study critiquing the province of Alberta’s approach to carbon pricing. My analysis for Fraser confirms what I’ve been arguing on the pages of IER for years: in the United States, conservatives and libertarians should run from any “carbon tax deal” that promises to shrink the size of government while battling climate change.