Recently on Facebook, I shared my Café Hayek post titled “Lower-Priced Goods are a Blessing, Not a Curse.” I prefaced this share with this remark: “Protectionism is the theory that…
Category:
Economy
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For much of the last half-century, California benefited from a powerful first-mover advantage. Dense networks of talent, capital, and research institutions allowed the state to absorb policy mistakes that would…
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Private markets work well when they are allowed to function free from big government directives. The latest example is in the world of financial data sharing, where Washington tried to…
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When the internet went mainstream at the turn of the twenty-first century, it was widely celebrated as a revolutionary force for freedom and democracy. Its decentralized architecture promised to empower…
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The US seizure of Venezuelan leader Nicolás Maduro is being framed publicly as a counternarcotics and democracy-restoration operation. But it is oil — not cocaine or fentanyl — that sits…
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W.E.B. Du Bois was born in Great Barrington, Massachusetts (where AIER is now headquartered), in 1868. Today, this towering figure of the early civil rights movement is remembered as a…
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Bitcoin and other cryptocurrencies are widely – but wrongly – panned as unregulated casinos or Ponzi schemes that create no real value. For example, US Senator Elizabeth Warren called crypto…
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The shocking capture and extradition of former Venezuelan President Nicolas Maduro and his wife over the weekend is the culmination of months of US pressure on the regime. President Trump…
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Recently, Minnesota and Governor Tim Walz have come under scrutiny for Medicaid Fraud. The debacle received renewed focus on December 1 when Treasury Secretary Scott Bessent posted on X that…
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Recently, two Federal Reserve governors delivered speeches with interesting differences. Michael Barr warned against weakening bank supervision, citing “growing pressures to scale back examiner coverage, to dilute ratings systems” that…