Is DOGE a Dog When It Comes to Real Federal Spending?

The first month of the Trump administration featured among other things a highly-publicized spectacle of Elon Musk and his DOGE team being unleashed on various parts of the federal bureaucracy and sparking sharp partisan exchanges, with Democrats raging about a “constitutional crisis” triggered by Trump crudely ignoring many of the finer legal points regarding appropriated funds, bureaucratic organization, and civil service oversight (and darkly h

The UK’s Prime Minister Is Killing Economic Growth

Prime Minister Starmer promised to “secure the highest sustained growth among the G7 nations” prior to last year’s general election. However, under the new government, the UK economy continues to struggle to grow. GDP growth was positive in the first half of 2024, but stalled in the second half. The third quarter of 2024 experienced 0.0 percent growth compared to the previous quarter, although it was forecast to be at least around 0.1 percent.

The Hidden Cost of Tariffs: A Lesson from Bastiat’s Seen and Unseen

Tariffs are often portrayed as a simple solution to protect domestic industries and create jobs. Politicians, like Trump, have used them as a political tool, promising immediate benefits through reduced competition and increased domestic production. However, this narrative overlooks the fundamental economic lesson articulated by Frédéric Bastiat in his principle of the seen and the unseen. When applied to tariffs, this lesson reveals the hidden and long-term damage that protectionist policies can inflict on an economy.