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Protectionism and Free TradeStrategyWar and Foreign Policy
Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage.
Is there a case to be made for universal basic income? David Gordon examines the pro-UBI arguments by philosopher Matt Zwolinski.
Financial MarketsGlobal Economy
The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.
Federal Reserve officials, for all of their alleged wisdom and education, have a knowledge problem. Hayek and other Austrians could have told them their grandiose plans will fail.
Economic PolicyThe FedKeynes
All too often, elite mainstream economists' policy recommendations are built on fallacies. We shouldn't listen.
As the economy moves into recession, we should understand how we got there and what is needed to bring about a quick and lasting recovery.
One might assume that new rounds of monetary stimulus will bring new peaks in housing construction, reversing the ongoing housing shortage. That hasn't happened.
Big GovernmentEuropeFree MarketsStrategy
In presenting her economic plan, Liz Truss failed spectacularly on one thing: cutting spending. Otherwise, a "tax cut" is not a tax cut at all.