Woodrow Wilson and the Tariff: Lessons for Today
Since the Tariff Act of 1789, the tariff has been the playground of special interests, and used as a means of rewarding political friends, and harming political enemies.
Since the Tariff Act of 1789, the tariff has been the playground of special interests, and used as a means of rewarding political friends, and harming political enemies.
Although libertarian principles are radical, the path to fulfilling them may not be that radical at all.
Pastor built on the work of the French liberals, and anticipated many of the later insights of the Austrian School.
Contrary to the government's claims, Britain is not becoming safer as the British government becomes bigger.
The challenge from now on for OPEC and for oil producers is not to seek artificial price inflation, but to improve efficiency.
The gold standard, if not abused, is not conducive to boom-bust cycles.
Price controls, tariffs, and wage controls are politically attractive as such powers are to a ruling clique, but they make no sense economically.
Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.
Monopolistic abuses rarely survive without a basis in one form or another of special privilege granted by government.
The ruling elite would have us believe secession and disobedience to government powers is no longer acceptable because we have "representatives" in Congress.