In August, the Associated Press reported that Nigeria had passed a law prohibiting the export of raw shea nuts — a key ingredient in many cosmetics. Shea nuts are big…
Category:
Economy
-
-
Argentina’s recent $20 billion currency swap agreement with the US underscores the delicate balance of economic reform and the vital need for liberalization. Last month, there was a sudden run on the…
-
Creating a long list of the familiar flaws in protectionists’ thinking is easy. Protectionists don’t realize that, although trade ‘destroys’ some particular jobs in the domestic economy, trade simultaneously creates…
-
Five years ago, The CARES Act authorized the Federal Reserve to create emergency lending facilities in the name of aiding the US Economy during the COVID-19 economic downturn. In a…
-
Activists from the left have tried to “cancel” me multiple times. I lost an academic job opportunity despite the support of a large majority of the department and the dean…
-
New York City, the bastion of global capitalism, is on the verge of electing its first socialist mayor, Zohran Mamdani. Many of his socialist visions for the metropolis fail basic economics. Worst…
-
President Donald Trump recently revived a proposal he first raised during his earlier time in office: eliminating the requirement for publicly traded US companies to release quarterly earnings reports, instead…
-
On May 9, 1959, Aurora Vargas was forcibly carried out of her home by police officers. There was no clear justification for this; Vargas had broken no laws, and her…
-
Earlier this year, New York Times reporter Dionne Searcey covered a ritzy Hamptons gala for the Parrish Art Museum on Long Island. The gala, called “Echoes of the Cosmos,” attracted…
-
Executive Summary In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act greatly expanded government intervention in the economy. Among many hasty creations of March…