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  • Politics

    The Political Business Cycle 50 Years Later

    by May 27, 2025
    May 27, 2025

    William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that…

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  • Politics

    Why Elon Musk Is Right: The Case Against Subsidizing Amtrak

    by May 27, 2025
    May 27, 2025

    Amtrak is always on the verge of reviving intercity rail traffic in the US, or…

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  • Politics

    Inflation: Looking Beyond Aggregates

    by May 27, 2025
    May 27, 2025

    Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively…

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  • Politics

    Wealth Generation and the Market Economy

    by May 27, 2025
    May 27, 2025

    A free market economy does not generate jobs or money. Instead, it creates wealth through…

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  • Politics

    Why Haters of Free Markets Love the Fruits of Free Markets

    by May 26, 2025
    May 26, 2025

    There are numerous critics of free markets. However, all of those critics also are consumers…

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  • Politics

    Why Haters of Free Markets Love the Fruits of Free Markets

    by May 26, 2025
    May 26, 2025

    There are numerous critics of free markets. However, all of those critics also are consumers…

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  • Politics

    We Never Got to Torture Congress

    by May 26, 2025
    May 26, 2025

    Thanks to the endless “War Against Terror,” the US Government promoted methods of torture. Congress…

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  • Politics

    We Never Got to Torture Congress

    by May 26, 2025
    May 26, 2025

    Thanks to the endless “War Against Terror,” the US Government promoted methods of torture, including…

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  • Politics

    What Is the Rationale Behind Current US Tariff Policy?

    by May 26, 2025
    May 26, 2025

    What if US trade deficits don’t matter?

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  • Politics

    What Is the Rationale Behind Current US Tariff Policy?

    by May 26, 2025
    May 26, 2025

    The Trump administration has pursued a high tariff policy, reversing the movement to lower trade…

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