The terms “Oil Embargo” and “Energy Crisis” have been embedded in the nation’s history for a half-century. But that crisis was the result of government intervention, not market failure. Specifically,…
Category:
Economy
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When lockdowns were the order of the American day, we worried. The media highlighted only the worst predictions, and we did not know what would happen next. Whether transitioning from…
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While the latest “strong” US jobs report and “cooling” CPI inflation have been touted as promising, a closer look reveals more complexity, and many American families continue to bear the…
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On this episode of Liberty Curious, Kate Wand sat down with Michael Munger, economist and professor of political economy at Duke University, to discuss the Classical Liberal diaspora. Diaspora refers…
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My work for the James G. Martin Center for Academic Renewal brings me into contact with many books relating to higher education. Some are good and some are bad, but…
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In The Constitution of Liberty, F. A. Hayek writes, “Man learns by the disappointment of expectations.” Some of us, Hayek could have added, resist learning. Despite having their expectations constantly…
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Liberty lovers rightfully disdain violence, condoning it only when committed in self-defense, after violation of the non-aggression principle. The strategy finds empirical grounding in the success of employing tit-for-tat in…
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After decades of advocating free trade, a growing share of Republicans want to return the party to the protectionism that once defined it. This sensibility, popularized by former President Donald…
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The Consumer Price Index (CPI) increased for the third straight month, interrupting the downward trend seen over the previous year. Recent inflation has been a heavy burden for most Americans.…
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The concept of Critical Race Theory (CRT) has sparked heated debate in recent years, particularly after conservative activists singled out this school of thought as a hotbed of applied Marxism…