Peter Van Doren Economists’ understanding of oil shocks has evolved over time. The original view was that reductions in supply from Middle East…
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Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did…
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Editor's PickInvesting
Keeping Kids Safe Is Good but Policy Proposals Are Still Bad for Speech, Innovation, and Kids’ Safety
David Inserra, Jennifer Huddleston, and Christopher Gardner When it comes to kids online, policymakers often have the best of intentions. Even if they…
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Alex Nowrasteh Mohamed Bailor Jalloh murdered one person and injured two others in a terrorist attack on March 11 at Old Dominion University in…
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Is the state necessary? In this week’s Friday Philosophy, Dr. David Gordon follows Aeon J. Skoble’s argument that we can do without the…
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“Wright’s use of the word “unlikely” was a veiled concession that a spike to $200 was possible, though he repeated that the price…
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Growth in gross domestic product was down sharply from 4.4% in last year’s Q3 and 3.8% in Q2. The fourth-quarter number was half…
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Editor's PickInvesting
Apparently, the Government Can’t Refund Trump’s Illegal Tariffs as Easily as It Collected Them
Scott Lincicome, Alfredo Carrillo Obregon, and Chad Smitson Last week, the Court of International Trade (CIT) delivered a victory for US importers that…
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Colin Grabow War and economic turmoil have a way of focusing policymakers’ attention. Amid rising energy and fertilizer costs in the fallout from…
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David J. Bier Here is my five-minute opening statement, as prepared: Chairman Graham, Ranking Member Merkley, and distinguished members of the Committee, thank…