U.S. Economy

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When Government Shuts Down

Taxes and SpendingU.S. EconomyU.S. History

Blog01/20/2018

The lesson of a government shutdown is that the world does not collapse when Uncle Sam takes the day off.

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Bob Dylan as Economic Prophet

Media and CultureU.S. Economy

Blog01/17/2018
Change is the defining feature of our modern age. But you would never know it when surveying today’s financial market landscape.
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How to Cure Poverty

Free MarketsU.S. EconomyU.S. History

Blog12/28/2017
Henry Hazlitt explains why President Johnson's "War on Poverty" will fail, and how the market — not government — is the path to prosperity.
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Automobiles Freed Us from the Tyranny of Horses

U.S. EconomyU.S. History

Blog12/22/2017
Even when it wasn't in use, a horse owner was always tethered to his horse, either literally or figuratively.
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The Christian Ethics Behind the Pilgrims' Rejection of Communism

SocialismU.S. Economy

Blog11/22/2017
The Pilgrims' original communal property arrangements were foisted upon them by their colonial sponsors.
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Do We Really Need a Federal Ban on Horse Meat?

Bureaucracy and RegulationU.S. Economy

Blog11/21/2017
The federal government has banned the slaughter of horses, although horse meat was commonly used in the US just a generation ago.
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The Swamp Wins: Trump Nominates Powell to Replace Yellen

The FedU.S. Economy

Blog11/01/2017
In the end Donald Trump gets what he wanted, a “low interest rate person” who also happens to be a “Republican.”
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In Fed We Trust

Money and BanksU.S. EconomyMoney and Banking

Blog10/26/2017
At this point, does anyone believe the Fed is willing to do anything that might really spook markets?
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These Feminist Economists Are Right about GDP

The FedU.S. Economy

Blog10/13/2017
GDP ignores household production such as childcare and housework. And that's just one of many problems.
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The Neoconservatives Have Declared War on the Realists

U.S. EconomyWar and Foreign Policy

Blog09/14/2017
Interventionist foreign policy is facing some challenges from foreign-policy realists. Naturally, neoconservatives are very upset about it.
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