The Intellectual Poverty of Racial Polylogism
In this age of the “decolonized curriculum,” universities have set out to decolonize the humanities, social sciences, and natural sciences. By “decolonize,” they simply mean that all fields of knowledge should reflect all cultures and not just what they see as “Western” science. Epistemology, too, has been decolonized.
Defining Ordered Individualism
The fundamental social phenomenon is the division of labor and its counterpart human cooperation.
- Ludwig Von Mises, Human Action, p. 151
The Alienation of a Homeland: How Palestine Became Israel
Higher Education Too Often Values Second-Rate Economics Research over Teaching
People act according to incentives, and university professors are no exception. Professors receive tenure and promotion based largely on the number and quality of papers they have published in their area of expertise. The number of papers published is a simple metric, but how should the quality of publishing be judged? Surely the quality of published research should be judged on the extent to which it benefits society.
Industrial Policy Is Back—and It’s a Gigantic Mistake
Since the financial crisis, policymakers in Western economies have turned increasingly toward large-scale industrial policies. So-called mission-oriented policies are launched as a response to many perceived problems, notably climate change and the recent urge among Western countries to reduce their dependence on China.
The True Cost of Modern Industrial Warfare
What Israel Is Doing to Gaza Is a Choice
Anyone who has voiced opposition to what the government of Israel is currently doing in Gaza has undoubtedly heard the various ways Israel’s defenders excuse, dismiss, and justify Israel’s actions. Sometimes you’ll hear that the Israel Defense Force (IDF) is doing everything in its power—more than any other military in history—to avoid hurting civilians and that Hamas is responsible for any innocents who get killed because they are using them as human shields.
How the Fed Helped Create the China Bubble—and Bust
The salvo from Washington as it unleashes the Green War with China leaves no doubt about the perilous state of Sino-US relations, and, incidentally, about Bidenomics. Yet, the remnant of a strong monetary link between the two countries brakes the journey into an intensified cold war between the two countries. Monetary realities mean the brewing cold war will likely occur in a more winding fashion than the headlines suggest.
Poor Consumer Confidence Is a Consequence of the Wrong Policies
Consumers are unhappy with the United States economy, and it makes sense. Consumers in the United States survive on soaring credit card debt, while inflation, the hidden tax, weakening labor, and real disposable income figures prove that the economy is far from strong.
The renewed slump in University of Michigan consumer sentiment proves that the recent bounce was short-lived, and the index continues to be well below the 2019 level. Citizens are suffering the consequences of inflationist policies.