With its recent announcement of a trade deal with China, the White House intended to reassure markets, manufacturers, and the military that China would not sever the supply lines of…
Category:
Economy
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One year ago, Donald Trump took office, swearing an oath to “preserve, protect, and defend the Constitution of the United States.” Americans were promised a new golden age, one in…
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At the Bitcoin conference in Nashville in July of 2024, then-candidate Donald Trump made a campaign promise to end the war against the use and development of cryptocurrencies. This war…
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I don’t much care for the pledge of allegiance. This got me into a bit of hot water when I was the convocation speaker at Hillsdale College, standing on the…
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In early 2021, a declining video game retailer unexpectedly became the epicenter of one of the most extraordinary episodes in modern financial history. GameStop saw its stock price surge from…
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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…
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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…