My father and I went to buy a Christmas tree earlier in the week. Fortunately, it wasn’t anything like the Griswold’s epic journey to procure a tree: There wasn’t any…
Category:
Economy
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The Pilgrims’ first Christmas in the new world was remarkable, but not for the reasons you’d think. On December 25, 1621, William Bradford, the governor of the Plymouth Colony, prohibited…
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In a recent AIER article, Justice Will Sellers paid tribute to It’s a Wonderful Life, the 1946 film in which the angel Clarence appeared to George Bailey as he considered…
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The word “liberal” has a big history. As a political word, it has a definite beginning. Thanks to digitization, scholarship has proven beyond all question that “liberal” took on a…
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In a recent New York Times article, Paul Krugman dismisses the idea that dollarization might improve Argentina’s economy. He describes dollarization as a magical solution. In doing so, Krugman commits…
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After years of underestimating inflation, Federal Reserve officials now appear to be overestimating it. The personal consumption expenditures price index (PCEPI), which is the Fed’s preferred measure of the price…
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The basic problem with each side in today’s culture wars is that they know too much. Progressives self-consciously seek “progress,” (and they know what that means) and conservatives seek to…
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Music doesn’t have economic value. Now, that’s an eye-popping proposition if I ever saw one, so please allow me to flesh it out. The rhythmical vibrations that move into my…
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Tracking and describing all ESG-related legislation falls well beyond the scope of this column (and this series) but surveying the legislative landscape will help us understand where things stand at…
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In The Constitution of Liberty, F. A. Hayek famously observed that “The mind can never foresee its own advance.” One reason we can’t foresee our own advance, Hayek explained, is…